Wednesday, October 24, 2018 09:23 WIB

Premier Insight : TLKM, Telkomsel developing big data solution

TLKM: Telkom Indonesia (TLKM IJ; Rp3,700; Hold) Telkomsel developing big data solution. For this year, Telkomsel focuses to develop big data solution for clients in Gov’t and financial industry. In 2Q18, Telkomsel’s digital business posted revenue of Rp1.5tn (+57%YoY; 7% contribution to Telkomsel’s total cellular revenue). (Bisnis Indonesia).

Comment: We view there might be slight positive sentiment to TLKM from Telkomsel’s effort to develop big data considering its digital market potential, but actual impact might yet significant for now. We have a Hold with TP Rp3,700.