Pefindo Establishes IdAAA Credit Rating for TLKM

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Sabtu, 23 Mei 2015 16:30 WIB

Pekerja melakukan pengecekan jaringan telekomunikasi di ruang Sentral Telepon Otomat (STO) di kantor PT. Telekomunikasi Indonesia, Jakarta, Senin (30/4). ANTARA/Reno Esnir

TEMPO.CO, Jakarta - State credit-rating agency PT Pemeringkat Efek Indonesia (Pefindo) has reestablished IdAAA credit rating for PT Telekomunikasi Indonesia (TLKM) for the company’s debt papers, the II/2010 bonds and Rp12 trillion worth of continuous bonds for 2015.

The fund generated from the continuous bond issuance will be used to finance the company’s capital expenditure. The agency also declared that the company’s rating was stable.

The rating reflects company’s superior business position with diversified business, extended network, strong profit margin, and cash flow protection, supported by conservative capital structure. However, the rating was hampered by stiff competition in the wireless sector.

In 2014, it was recorded that TLKM served 140.6 million cellular customers and 67.9 million mobile data users. By 2014, the company had served 9.7 million non-mobile customers and 3.4 million fixed broadband users.

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