- Telkomsel's recent proposed deal to sell 6,050 towers to its sister company Mitratel, is a prelude to the eventual IPO of Mitratel to unlock the value of Telekomunikasi Indonesia's tower assets.
- Telkomsel has recently invested IDR2.1 trillion in Indonesin ride-hailing giant Gojek, and this transaction could potentially have significant implications for the Indonesian e-wallet market and its e-wallet company LinkAja.
- Telekomunikasi Indonesia trades at 5.2 times consensus forward next 12 months' EV/EBITDA, and it offers a consensus forward FY 2021 dividend yield of 5.3%.
For further details see:
Telekomunikasi Indonesia: Recent Corporate Transactions Draw Attention