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NH Korindo PT. XL Axiata TBK EXCL Data Traffic Grows Significantly by Rian Oktavianus is a document available to read on EtoBox.
XL Axiata Tbk (EXCL) reported a 7.9% YoY revenue growth to IDR 6.7 trillion in 1Q22, driven primarily by a 33.5% increase in data traffic to 1,857 Petabytes. The company has expanded its 4G network to 460 cities with 133 thousand BTS units, while maintaining a focus on quality subscribers. NHKSI Research maintains a BUY rating with a target price of IDR 3,800, despite concerns over rising inflation affecting consumer purchasing power.
- Author
- Rian Oktavianus
- Language
- EN