Muted Outlook for Telco Stocks, EXCL, TLKM, ISAT

Bisnis.com, JAKARTA — Telecommunication companies EXCL, TLKM, and ISAT, have released their performance results for Q1/2025. The performance of these telecommunication companies has slowed down amid weakening purchasing power.

In its financial report, PT XLSMART Telecom Sejahtera Tbk. (EXCL) also shared the pre-merger performance achievements of XL Axiata for Q1/2025. In its financial report for Q1/2025, EXCL posted revenue of IDR8.6 trillion, reflecting a 1.93% increase compared to IDR8.43 trillion in the same period last year.