PT Indosat Tbk (ADR) (IIT)
A fully integrated Indonesian telecommunications network and service provider and provide a full complement of national and international telecommunications services in Indonesia.
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Steady earnings and growth for an emerging market company plus decent dividend.
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up coming country
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Indonesian Telecom
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When I was in Java 20 years ago, I couldn't find a fixed line. With all the mountains why would you try to develop that. Don't think TLK can keep the whole market, but really haven't set foot in Indo for 10+ years.
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I would put this in a basket of reliable overseas telecom stocks for growth (with e.g. TSP, VIP). Plus, it's near a floor at $35 now.
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Considering Indonesia as one emerging market in the south-east asian region and Indosat Tbk as one of the biggest player for the Indonesian mobil phone telecommunication provider, this stock price has huge opportunity to grow in the future.
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Play on an emerging market in Indonesia.
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Good market cap in a great sector.
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I just love it.
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Profit

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