The Federal Reserve's decision not to change its quantitative easing program seems to have led to a bullish market in Asia. Indonesia's benchmark stock index (IHSG) rose 4.37 percent to 4,658.2 points after the first session on Thursday's trading day (19/09). All sectoral indices were up, with the property sector in leading position. Big cap stocks, in particular, performed well. Investors are relieved that the Fed did not alter its stimulus program. Thus, funds are expected to continue flowing to emerging markets, including Indonesia.

Lanjut baca ›

Indonesia's largest telecommunication & network provider Telekomunikasi Indonesia (Telkom) has conducted a stock split with a ratio of 1:5 yesterday (29/08). The company, which is majority owned by the Indonesian government and has a dominating market share of around 47% in terms of mobile phone subscribers in Indonesia, decided to conduct the stock split to increase the company’s share liquidity. A cheaper price will be more appealing to investors. The stock split was agreed upon at the general shareholders' meeting on 19 April 2013.

Lanjut baca ›

In recent years, Astra International, one of Indonesia's largest diversified conglomerates, dominated the Indonesia Stock Exchange (IDX) in terms of market capitalization. However, it increasingly felt the competition of HM Sampoerna, Indonesia's largest tobacco company. Over the last five years, HM Sampoerna's market capitalization grew by a staggering 746.2 percent. It is also interesting to note that a  handful of Indonesian companies account for over one-third of market capitalization of Indonesia's stock exchange.

Lanjut baca ›

Telekomunikasi Indonesia (Telkom), Indonesia's largest telecommunication & network provider, plans to conduct a stock split this year with a ratio of 1:5. This step will make Telkom's shares more affordable and increases its liquidity. Analysts have good projections for the company as it holds a dominant market position in Indonesia's telecommunication sector, a high dividend ratio, and good corporate management. Its share price gained 25.7 percent this year.

Lanjut baca ›

State-controlled telecommunication and network provider Telekomunikasi Indonesia (Telkom) managed to post a 12.5 percent year-on-year (y/y) rise in net sales to IDR 97.0 trillion (approx. USD $7.2 billion) in the January-September 2017 period. Meanwhile, the company's net profit rose 21.7 percent (y/y) to IDR 17.9 trillion (approx. USD $1.3 billion) over the same period.

Lanjut baca ›

Three Indonesian telecommunication and network providers are considered to have great room for improving their corporate earnings in the second half of 2017. These companies are Telekomunikasi Indonesia, Indosat Ooredoo, and XL Axiata. Reason why these companies should experience a good performance in H2-2017 is Indonesia's "data consumption trend".

Lanjut baca ›

Since Friday (25/08) many Indonesians are having trouble to use ATMs (for withdrawing money and conducting various payments). Last week the Telkom-1 satellite started to suffer technical difficulties as a shift on the satellite's pointing antenna disrupted transponders. Considering most of Indonesia's major banks use this satellite, owned by Telekomunikasi Indonesia, for their telecommunication network, thousands of ATMs - hence millions of Indonesians - are affected.

Lanjut baca ›

Data and Internet services are now the big engine of growth for the corporate earnings of Indonesia's listed telecommunication and network providers. However, there is only one of such companies that showed great net profit growth in the first half of 2017, to wit Telekomunikasi Indonesia (Telkom). Therefore, Telkom is expected to have raised its market share in the mobile phone market of Indonesia this year.

Lanjut baca ›

While the Jakarta Composite Index has been touching record high levels recently, there emerged a new leader on the Indonesia Stock Exchange. Indonesia's largest telecommunication and network provider Telekomunikasi Indonesia (Telkom) is now the largest company in Indonesia in terms of market capitalization on the Indonesia Stock Exchange. It replaced tobacco manufacturer HM Sampoerna that fell to third position.

Lanjut baca ›

PT Telekomunikasi Indonesia (NYSE: TLK) is engaged in telecommunications, information technology, and media businesses worldwide. In its latest figures, the company reported earnings of USD $2 billion along with revenues of USD $7 billion in full-year 2015. The results reflect a profit margin of 16.32 percent and an operating margin of 35.17 percent, ensuring an earnings-per-share of USD $2.80.

Lanjut baca ›

State-controlled Telekomunikasi Indonesia, Indonesia's largest telecommunication and network provider, plans to launch its Telkom-4 satellite in 2018 through its subsidiary TelkomMetra. The Telkom-4 satellite, which will replace the aging Telkom-1 satellite, is equipped with 49 transponders that will be capable of beaming 100 Gbps mobile broadband across Indonesia, India and Southeast Asia. The USD $200 million satellite is expected to have a life span of 15 years.

Lanjut baca ›

The financial performance of Indonesia's listed telecommunication and network providers improved in 2015. Indonesia's three largest listed telecommunication companies Telekomunikasi Indonesia, XL Axiata and Indosat Ooredoo all recorded a better financial performance last year. However, this does not mean all three companies posted net profit. In fact, only Telekomunikasi Indonesia recorded net profit. The other two companies still posted a net loss, albeit their losses were much lower compared to one year earlier. Given that Indonesia's economic growth is expected to accelerate in 2016, these companies should be able to continue growing this year.

Lanjut baca ›

The Indonesian rupiah touched a 17-year low as the currency continued to depreciate amid persistent bullish US dollar momentum. The rupiah weakened to IDR 13,539 per US dollar according to the Bloomberg Dollar Index on Friday (31/07). The US Commerce Department announced on Thursday (30/07) that US gross domestic product (GDP) expanded at 2.3 percent (year-on-year) in the second quarter of 2015, giving rise to heightened expectation that the US Federal Reserve will raise its key interest rate soon.

Lanjut baca ›

Despite sharp competition, slowing profit margins and a saturating voice and SMS services market, Indonesia’s telecommunications industry still has lucrative prospects as there is still room for growth in data services, value-added services and still relatively low smartphone penetration (as well as low Internet penetration). However, of the big three Indonesian telecommunication network and services providers - Telekomunikasi Indonesia (Telkom), XL Axiata and Indosat - only Telkom managed to post net profit over 2014.

Lanjut baca ›