26.64 +0.12 (0.44%)
After hours: 4:04PM EDT
|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's range||26.43 - 26.88|
|52-week range||26.43 - 36.19|
|PE ratio (TTM)||16.57|
|Forward dividend & yield||0.73 (2.65%)|
|1y target est||29.89|
The largest telecom in Indonesia rounded out 2017 with strong data service sales to make up for fading legacy businesses like voice and text messaging.
The leading telecom, serving the world's fourth-largest population, is riding smartphones and data services to record revenues.
Intelsat S.A. (NYSE:I), operator of the world’s first Globalized Network and leader in integrated satellite communications, and PT Telekomunikasi Indonesia, Tbk (PT Telkom), Indonesia’s largest satellite telecommunications services company, announced today they have entered into a collaboration agreement designed to provide options as the companies explore new opportunities to serve a region with expansive needs for broadband connectivity. Under the new, multi-year agreement, Telkom has relocated the Telkom-2 satellite to Intelsat’s 157° East orbital location, where it will be co-located with Intelsat 5.