- Telekomunikasi Indonesia's telecommunications tower business is expected to be publicly listed next week, and there are also plans to spin off its data center business in 2023.
- The Indonesia's telecommunications industry could become a more consolidated three-player market, assuming the planned and rumored M&A transactions are eventually completed.
- The market values Telekomunikasi Indonesia at 4.9 times forward FY 2022 EV/EBITDA, and the stock's FY 2022 dividend yield of 5.6% is appealing.
For further details see:
Telekomunikasi Indonesia: Spin-Offs And Industry Consolidation Are Key Catalysts