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Technology Stocks : INDONESIA'S PT TELECOM(TLK)
TLK 20.93-0.9%Nov 21 9:30 AM EST
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To: Rational who wrote (221)2/4/1998 2:51:00 AM
From: tom  Read Replies (2) of 947
 
Further liberalisation of the telecoms industry cannot be viewed as positive for Telkom. If private entities do not have to route calls through Telkom then it would lose much of its attractiveness. As you know Telkom is one of the worst run companies in Indonesia (and that's saying something) and I don't like its chances in a competitive environment. Indonesia has enough phone lines for the next 5 years at least. It does not need to make the returns on re-investment attractive for Telkom by raising tariffs.
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