EXCL-FREN merger triggers volatility; bright outlook for TOWR and MTEL?
20 Jan 2025 18:56
Amid negative sentiment surrounding the upcoming EXCL and FREN merger, can telecom tower companies capitalise on market momentum?
Research: ARPU dropped, are telecommunication stocks still attractive?
15 Jan 2025 09:04
Slowed-down demand and fierce competition are said to be the factor of ARPU's dip of up to 5% yoy in the telecommunication sector.
Bakrie Telecom's losses reached IDR 54.49 billion
19 Nov 2024 13:54
PT Bakrie Telecom Tbk (BTEL), a telecommunications issuer belonging to the Bakrie Group, posted a loss of IDR 54.49 billion in the first nine months (9M) of 2024.
Restructuring investment portfolio, DSSA to divest FREN
18 Nov 2024 09:37
PT Dian Swastatika Sentosa Tbk (DSSA) has divested some of its portion in PT Smartfren Telecom Tbk (FREN) to redistribute its investment portfolio.
XL Axiata’s net profit soared 31.7%, now reaching IDR 1.32 trillion
07 Nov 2024 16:31
PT XL Axiata Tbk (EXCL), one of the biggest telecommunication service providers in Indonesia, posted net profit of IDR 1.32 trillion within the first nine months (9M) of 2024.
Turning the tide, JAST finally collected IDR 218.7 million of profit in September 2024
31 Oct 2024 21:22
PT Jasnita Telekomindo Tbk (JAST) managed to bring in net profit of IDR 218.7 million in the first nine months (9M) of 2024, turning the tide from the loss it faced in 9M 2023 of IDR 3.2 billion.
ERAA’s profit up 60.12% to IDR 791.16 billion in Q3 2024
29 Oct 2024 11:48
PT Erajaya Swasembada Tbk (ERAA) booked net profit growth of 60.12% year-on-year (yoy) to IDR 791.16 billion in Q3 2024 from IDR 494.83 billion recorded in the same period last year.
WIFI confident in telco business as new growth engine
27 Aug 2024 12:07
The management of PT Solusi Sinergi Digital Tbk (WIFI), or mostly known as Surge, expressed their optimism towards its telecommunication infrastructure (telco) business line, which is deemed capable to be the main growth engine for its performance in the future.
Telkom Indonesia confident on positive performance and profitability
26 Aug 2024 12:21
PT Telkom Indonesia (Persero) Tbk (TLKM), a telecommunication company with the biggest market capitalisation in Indonesia, is confident that it will be able to drive positive growth in performance, as well as generating profit by the end of 2024.
Telkom to focus on sustainable revenue through Five Bold Moves strategy
26 Aug 2024 11:02
PT Telkom Indonesia (Persero) Tbk (TLKM) accelerates its Five Bold Moves (5BM) strategy, which will be realised through its FMC, InfraCo, and Data Centre businesses, as an implementation of an optimum business transformation.