- Two of Telekomunikasi Indonesia's competitors are proposing to merge, and this is likely to have a major impact on the competitive dynamics of the Indonesian mobile telecommunications market.
- A bull case scenario could see higher mobile tariffs in the Indonesian market following market consolidation, while a bear case scenario might see intense competition between the two largest players.
- Telekomunikasi Indonesia trades at forward FY 2021 EV/EBITDA and P/E multiples of 4.8 times and 14.6 times, respectively, and it offers a forward FY 2021 dividend yield of 5.2%.
For further details see:
Telekomunikasi Indonesia: Mixed View On Competitors' Proposed Merger