Mitratel (MTEL IJ): Sees operational leverage

Mitratel (MTEL IJ)
BUY / TP: IDR:820 (+23.3%)
Analyst: Chandra Pasaribu

Sees operational leverage
• Slightly behind our expectation
• Robust growth in fiber assets
• Reasonable debt level
• Re-iterate BUY call, unchanged TP of IDR820