Telekomunikasi Indonesia: Buyback Program And ARPU Growth Are Positive Signals

April 22, 2025 09:33:49 am

Source: SeekingAlpha

2025-04-22 09:33:49 ET

Summary

I maintain a Buy rating for PT Telekomunikasi Indonesia Tbk after identifying favorable read-throughs from the latest corporate and industry developments.
TLKM recently disclosed a new buyback plan, and it committed to a higher-than-expected distribution payout for this year.
The company has also turned the corner with a quarter-on-quarter ARPU expansion in 4Q24; there are signs implying that this positive momentum will be sustained.

I retain my bullish view of PT Telekomunikasi Indonesia Tbk ( TLK ) ( TLKMF ) (TLKM.JK) or "TLKM"....

For further details see:

Pt Telekomunick Ind B

0.02% G/L:

$0.21 Last:

6,500 Volume:

$0.20995 Open:

Market Cap $20,456,347,728

Float 47,459,863,040

Insiders Ownership N/A

Institutions 596

Short Percent N/A

Industry Telecommunications

Sector Media

Country ID

City Bandung