BRIDS TMT News - Thursday, March 13 2025
GOTO delivered 4Q24 strong adj. EBITDA of Rp399bn (+193%qoq, +348%yoy) with all 3 pillars (ODS, GTF, Ecommerce) well in positive territory.
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Indosat Ooredoo Hutchison (ISAT.IJ) - FY24 Earnings Missed
IOH diversifies growth into non-cellular revenue, driving higher OPEX amid intensified mobile competition and weak consumption.
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ISAT IJ - Aggressive Distribution Fuels Future Growth...
IOH establishes another distribution layer with Indosat retailers to transition away from low ARPU to high ARPU potential users in ex-Java.
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Indosat Ooredoo Hutchison - Solid 1H24 Earnings (Inline)
IOH’s solid 1H24 net profit of Rp2.73tr (+43% yoy) was in line, driven by 2Q24 margin expansion due to revenue growth and leveragesrealization.
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Indosat Ooredoo Hutchison - KTAs from Meeting with CFO
IOH aims to grow inline with its spectrum holdings and sees new merger to result in more efficiencies; Starlink will complement market.
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