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Stock impact report

Is This the Right Time to Buy Telekomunikasi Indonesia? [The Motley Fool]

PT Telekomunikasi Indonesia, Tbk (TLK) 
Company Research Source: The Motley Fool
The largest telecom in Indonesia is experiencing strong headwinds from a weakened landline market, but growth in the wireless and broadband sectors should pick up that slack in the long run. Anders Bylund ( TMFZahrim ) May 21, 2018 at 8:47PM Telekomunikasi Indonesia ( NYSE:TLK ) , the largest telecommunications company in Indonesia, reported first-quarter results on Tuesday, May 2. Top-line sales rose modestly in the first quarter thanks to higher wireless subscriber counts and a healthy broadband business, but those upsides had to overcome a substantial headwind from a mass exodus of old-school wireline subscribers. Telkom Indonesia's first-quarter results: The raw numbers Metric Q1 2018 Q1 2017 Change (YOY) Revenue $2.36 billion $2.33 billion 1.2% Net income $586 million $705 mil Show less Read more
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