What happened with TLK today?
No read yet
Uses news and trading volume to explain the day’s move and how it relates to the market.
Stop guessing. Get the call, a three-month target price, the best and worst cases, and a source for every claim.
PT Telekomunikasi Indonesia is an Indonesian government-controlled telecommunications company whose main business is connecting people to the internet. Its majority-owned subsidiary Telkomsel supplies mobile services, the largest source of group revenue, with data and digital services now outweighing traditional voice and SMS. Most cellular subscribers use prepaid services under SIMPATI or by.U; Telkomsel Halo serves postpaid users. Telkomsel also supplies home broadband under IndiHome, which customers can buy alone or bundle with television and fixed telephone services.
Businesses and government agencies pay Telkom for connectivity, cloud services and IT solutions. Other telecommunications operators pay to connect calls through its network and lease space for equipment on its towers, principally owned by Mitratel. Telin earns revenue by selling international connectivity over submarine cables to carriers, enterprises and large internet-service providers.
The business depends on keeping its networks reliable and funding capacity upgrades as customers use more data. Additional mobile capacity also depends on spectrum allocated through government auctions. Indonesian rules require it to share passive infrastructure, such as towers and ducts, with competitors, and the ministry may set tariffs when operators cannot agree. Telkom relies heavily on Telkomsel, which it co-owns with Singtel; differences between the owners can complicate decisions. Customers’ shift to internet applications is reducing traditional voice and messaging income.
The risk section is the longest, dullest part of the filing. This keeps only what can really hurt you: where it hits, how hard, when it plays out.
Every company claims an edge. Each one is checked against hard numbers like margins and returns: which hold, and which line gives way first.
Telkom’s results hinge chiefly on Indonesian mobile-data spending and pricing competition with IOH and XL Smart, its next-largest cellular rivals, neither of which appears in this list.
Telkom depends on Ericsson’s mobile-network and 5G equipment and services to maintain and expand the network serving its cellular customers. Watch Ericsson for equipment-supply disruptions or higher costs: Telkom has few international suppliers to turn to, so these could raise its network spending or delay projects.
PLDT and Telkom share the shift toward mobile data and home broadband, selling those services to customers in the Philippines and Indonesia, respectively, as smartphone adoption grows and legacy voice use declines. Watch whether PLDT’s mobile-data and home-broadband revenue growth offsets fading voice and SMS business—the same challenge Telkom faces as customers use more data.
PT Telekomunikasi Indonesia earningsThis company
Telkom earns most of its revenue from mobile services, and this report will show whether data and home broadband can keep that revenue engine on track.
Read data, internet and IT service revenue alongside IndiHome subscribers and consumer revenue. If data revenue steadies and subscriber growth lifts broadband revenue, customer additions and data use are translating into sales. If data revenue keeps falling while more IndiHome subscribers bring in no more revenue, price pressure and losses in legacy voice and SMS are still outweighing growth.
PLDT Inc. earningsPHI
PLDT faces the same shift from voice and SMS to mobile data and home broadband as Telkom, and its report will show whether data growth can offset those legacy declines.
Compare PLDT’s mobile-data and home-broadband revenue with its voice and SMS revenue. If growth in the first two offsets declines in the latter, customers’ shift to data is still generating sales—a useful read-through for Telkom’s similar transition. If legacy losses still outweigh growth, data expansion may not be enough to replace them.
