News & Articles

Telco Sector: National Election effect to data traffic increase vs. normal day to Indosat (ISAT IJ; Rp2,740; Hold) and XL Axiata (EXCL IJ; Rp2,850; Buy). EXCL reported data traffic during National Election Holiday 2019 is up +24% vs. normal day during 16-18 Apr 2019. This is higher than ISATs (+7.02% data traffic increase vs. normal day) according to ISAT as of 19 Apr 2019. (Inilah.com, Okezone).

Comment: Slightly positive to EXCL. We have a Buy with TP Rp2800.

---

powered by: IPOTNEWS.COM

---

 Previous Page