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In today’s briefing:
- XL Axiata (EXCL IJ) – Riding the Wave of Price Reparation and Convergence
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XL Axiata (EXCL IJ) – Riding the Wave of Price Reparation and Convergence
- XL Axiata (EXCL IJ) continues to stand as the most direct way to play the data demand in Indonesia as well as being the most convergent of the listed telcos.
- Although it saw some seasonal slowdown in 3Q, the solid growth trajectory remains intact for this year with the completion of the Link Net restructuring driving convergence growth.
- XL Axiata (EXCL IJ) raised data prices again in November and will continue to ride the wave of price reparation over the coming quarters in a more rational pricing environment.