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ISAT – Waiting for Merger Realization

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Restu Pamungkas
Restu Pamungkas
Analyst - Telco, Tower, Toll Road, Poultry
Restu Pamungkas
Latest posts by Restu Pamungkas (see all)
  • JSMR – Divestment to Strengthen Capital Structure - August 5, 2021
  • TBIG – Limited Tower Acquisition Potential - July 23, 2021
  • TLKM – Strengthening Data Center Business - July 14, 2021

The cellular segment was one of the segments that recorded growth, while intense competition making the company’s revenue in other segments decrease. The company’s total revenue continued to grow 9.2% YoY, 3.1% QoQ in 9M20. On the other hand, the high employee and financial burden caused the company’s net loss to jump 60.8% YoY to IDR457.5 billion vs IDR284.6 billion in 9M19.

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