Indonesian Telecom Potentially Undervalued Companies

Indosat Ooredoo Hutchison

Market Cap: Rp48.5t

Provides digital telecommunication services in Indonesia.

Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia

Market Cap: Rp240.7t

Provides information and communications technology, and telecommunications network services worldwide.

Sarana Menara Nusantara

Market Cap: Rp26.3t

Owns and operates telecommunication towers for wireless operators in Indonesia.

PT. Jasnita Telekomindo

Market Cap: Rp60.6b

Provides interconnection and internet services in Indonesia.

XL Axiata

Market Cap: Rp28.6t

Provides telecommunication, telecommunications network, and multimedia services for consumers and businesses in Indonesia.

Dayamitra Telekomunikasi

Market Cap: Rp43.0t

Provides telecommunication infrastructure solutions.

Centratama Telekomunikasi Indonesia

Market Cap: Rp2.1t

Through its subsidiaries, leases and manages tower infrastructure and in-building DAS (distributed antenna systems) for cellular networks in Indonesia.