Full Year 2018 Indosat Tbk PT Earnings Call Transcript

The following is excerpted from the question-and-answer section of the transcript.

Question: Choong Chen Foong - CIMB Research - Analyst : A couple of questions from me. Firstly, on the competition front. You mentioned that you're still quite optimistic on further price increases. Could you sort of give us some color as to the quantum of price increases you think you can carry through -- carry out this year? And also, competition-wise, are we seeing any sort of impact from the smaller players like Hutch and Smartfren on the big 3 players like yourself? That's the first question. Second question on the cost side, I note that there was a spike in installation costs. Could you give us some color to what that relates to? Is it one-off? Is it related to the network? And if so, why isn't that capitalized as CapEx? And then my third question on the CapEx. What is the split between Java and ex-Java going into 2019? And what would be the coverage targets there? And lastly, the EBITDA margin guidance that you're giving, is that on a pre or post IFRS 16? If it's on the latter -- if it's on the latter, then on a pre basis, what would it be? Yes, those are my questions. without the prior written consent of Thomson Reuters. 'Thomson Reuters' and the Thomson Reuters logo are registered trademarks of Thomson Reuters and its affiliated companies. MARCH 06, 2019 / 7:00AM, ISAT.JK - Full Year 2018 Indosat Tbk PT Earnings Call

Question: Choong Chen Foong - CIMB Research - Analyst : Yes, there's -- in the -- yes, installation costs, yes, that's going up.

Question: Choong Chen Foong - CIMB Research - Analyst : Yes, the other question is regarding the CapEx split between Java, ex-Java and the coverage targets for this year as well as the EBITDA margin guidance whether it's on the pre or post IFRS 16.

Question: Prem Jearajasingam - Macquarie Research - Analyst : Just 1 question from me. I appreciate your comments on the improving industry dynamics, et cetera, and your hope for mid- to high single-digit growth in revenues this year. But what do you think could turn this on its head and lead to another round of price cuts and service revenue declines? And how likely do you think such an event is?

Question: Prem Jearajasingam - Macquarie Research - Analyst : So you don't think that with both yourselves and XL increasing pressure or increasing coverage outside of Java that you may be putting Telkomsel in a situation where it may be required to fight back harder? Do you think that's a risk anytime over the next 12 months maybe?