Telkom’s Performance Gets Better

Raymond Kosasih, senior analysts of Deutsche Bank, says, shares of operator firm Telkom gets better due to corporate strategy to allocate budget for corporate capital expenditure. Raymond estimates that within two years a head, capital expenditure for phone division at Telkom will reach up to US$ 5 billion, which the number figure much bigger compare with operator firm PT. Indosat, that only spend it capital expenditure for US$ 2.5 billion within same period. (Bisnis Indonesia, T11)