Transformasi Menjadi Perusahaan Digital Infrastructure, Ini yang Dilakukan Mitratel
ILUSTRASI. PT Dayamitra Telekomunikasi Tbk (MTEL) atau Mitratel berencana bertransformasi menjadi perusahaan digital infrastructure
KONTAN.CO.ID – JAKARTA. Emiten menara, PT Dayamitra Telekomunikasi Tbk (MTEL) atau Mitratel berencana bertransformasi menjadi perusahaan digital infrastructure. Salah satunya dengan mengembangkan jaringan fiber optik.
Direktur Investasi Mitratel Hendra Purnama menjelaskan Mitratel berencana membangun ekosistem sebagai digital infratructure company, bukan hanya sekadar sebagai perusahaan menara.
Tahun ini, anak usaha PT Telkom Indonesia (Persero) Tbk ini mengenalkan produk baru yakni fiber optik. Hendra bilang segmen ini dipilih lantaran elemen penting dalam perkembangan jaringan 5G.
“Untuk target tahun ini, kita sempat menyebut guideline mencapai 6.000 km, tapi permintaan atas fiber optic sangat tinggi,” jelas Hendra dalam diskusi virtual yang diselenggarakan Henan Putihrai Sekuritas, Selasa (5/7).
Dia menyampaikan dengan kuartal pertama tahun ini, Mitratel telah mengantongi kontrak fiber optic sebesar 2,117 kilometer (km). Oleh karena itu, pihaknya sedang melakukan peninjauan kembali.
“Kita sekarang lagi peninjauan kembali dan kami akan umumkan lagi. Kita berencana merevisi target kami untuk jadi lebih tinggi. Kita akan lebih agresif lagi,” ucap dia.
Memang secara EBITDA margin, lanjut Hendra, tidak akan setinggi dari menara. Namun prospek perkembangan fiber optik ini cukup bagus di pasar untuk mendukung 5G. Dalam pemberitaan sebelumnya, Hendra menjelaskan seluruh fiber optik yang dibangun saat ini merupakan pesanan dari mobile network operator (MNO) alias operator seluler.
Untuk membangun fiber optik tersebut, Mitratel menyiapkan alokasi belanja modal alias capital expenditure (capex) sekitar Rp 500 miliar. Secara total, alokasi capex untuk tahun 2022 adalah sebesar Rp 9,9 triliun.
Saat ini, fiber optik tersebut tengah dibangun di Sumatra Utara, DKI Jakarta, Jawa Barat, Jawa Tengah, Jawa Timur, Kalimantan Barat, Sulawesi Utara, Sulawesi Barat, Sulawesi Selatan, Bali, dan Kepulauan Riau.
Reporter: Yuliana Hema | Editor: Handoyo .
Sumber :
https://investasi.kontan.co.id/news/transformasi-menjadi-perusahaan-digital-infrastructure-ini-yang-dilakukan-mitratel
Entering FTSE Index, Mitratel (MTEL) Stock Movement gets Positive Sentiment
JAKARTA, Investor.id – The inclusion of PT Dayamitra Telekomunikasi Tbk (MTEL) or Mitratel shares in the FTSE Equity Global Index is a positive sentiment regarding its price movements. This could attract more foreign investors to buy shares in the telecommunications tower company.
CSA Research Institute Senior Analyst Reza Priyambada said, the FTSE Global Equity Index or FTSE GEIS is one of the global indices that is used as a reference for investment internationally. MTEL is included in the FTSE Global Index for the Mid-Cap series, FTSE All-World, FTSE All-Cap, and FTSE Total Cap, the only Indonesian stock exchange that is included in these 4 categories on June 20 2022 yesterday.
“The inclusion of these shares in the FTSE Index could be a positive sentiment for the movement of MTEL shares. “This issue also encourages foreign investors to accumulate company shares,” explained Reza Priyambada.
Reza said, fundamentally Mitratel is classified as a strong company, looking at strong net cash, positive financial performance growth, and very attractive business potential amidst the expansion of the telecommunications industry in Indonesia. MTEL is also holding a buyback worth a maximum of IDR 1 trillion with a maximum purchase price of IDR 801/share, of course this is a positive catalyst for management’s confidence in the company’s valuation. Reza recommends buying MTEL shares with a target price of IDR 900 per share.
Growing Trends
Meanwhile, Samuel Sekuritas Indonesia analyst Yosua Zisokhi said that Mitratel’s financial performance is predicted to continue to grow in the next few years. This growth can be seen from the realization of the company’s financial performance in the first quarter of 2022.
Mitratel recorded net profit growth of 21.4% supported by the addition of new tenants and minimizing the increase in operating expenses. “We imagine that MTEL’s future growth potential is still large, supported by its large number of towers (28,577 units) and a tenancy ratio that has just reached 1.51x. “We still maintain our recommendation to buy MTEL shares with a target price of IDR 915,” he said in research published in Jakarta.
Growth in financial performance, he said, will also be supported by the continued addition of telecommunications towers and tenants this year. The company budgets revenue to grow 10-11% yoy, with EBITDA growth rising 13%.
Editor : Parluhutan (parluhutan@investor.co.id)
Sumber : Investor Daily
Masuk FTSE Index, Pergerakan Saham Mitratel (MTEL) dapat Sentimen Positif
JAKARTA, Investor.id – Masuknya saham PT Dayamitra Telekomunikasi Tbk (MTEL) atau Mitratel dalam FTSE Equity Global Index menjadi sentimen positif terhadap pergerakan harganya. Hal ini bisa menarik lebih banyak investor asing membeli saham perusahaan menara telekomunikasi tersebut.
Analis Senior CSA Research Institute Reza Priyambada mengatakan, indeks FTSE Equity Global atau FTSE GEIS ini merupakan salah satu indeks global yang dijadikan acuan untuk investasi secara internasional. MTEL termasuk dalam FTSE Global Indeks untuk series Mid-Cap, FTSE All-World, FTSE All-Cap, dan FTSE Total Cap, satu-satunya saham bursa indonesia yang masuk kedalam 4 kategori ini pada 20 Juni 2022 kemarin.
“Masuknya saham tersebut dalam FTSE Indeks bisa menjadi sentimen positif bagi pergerakan saham MTEL. Isu tersebut juga mendorong pemodal asing untuk mengakumulasi saham perusahaan,” jelas Reza Priyambada.
Reza mengatakan, secara fundamental Mitratel tergolong perusahaan yang kuat, dilihat kas bersih yang kuat, pertumbuhan kinerja keuangan yang positif, serta potensi bisnis yang sangat menarik di tengah ekspansi industri telekomunikasi di Indonesia. MTEL juga sedang mengadakan buyback senilai maksimal Rp 1 triliun dengan harga maksimal pembelian di Rp 801/saham, tentunya ini merupakan salah satu katalis positif dari kepercayaan diri manajemen terhadap valuasi Perusahaan. Reza merekomendasikan beli saham MTEL dengan target harga Rp 900 per saham.
Tren Tumbuh
Sementara itu, analis Samuel Sekuritas Indonesia Yosua Zisokhi mengatakan, kinerja keuangan Mitratel diprediksi terus bertumbuh dalam beberapa tahun ke depan. Pertumbuhan tersebut terlihat dari realisasi kinerja keuangan perseroan pada kuartal I-2022.
Mitratel mencatatkan pertumbuhan laba bersih sebesar 21,4% didukung penambahan tenant baru serta minimnya kenaikan beban operasi. “Kami memperkirakan potensi pertumbuhan MTEL ke depan masih besar, didukung dengan jumlah menaranya yang banyak (28.577 unit) dan tenancy ratio yang baru mencapai 1,51x. Kami tetap mempertahankan rekomendasi buy saham MTEL dengan target harga Rp 915,” ujarnya dalam riset yang diterbitkan di Jakarta.
Pertumbuhan kinerja keuangan, ungkap dia, juga bakal didukung berlanjutnya penambahan menara telekomunikasi dan tenant tahun ini. Perusahaan menganggarkan pendapatan untuk dapat tumbuh 10-11% yoy, dengan pertumbuhan EBITDA di angkat 13%.
Editor : Parluhutan (parluhutan@investor.co.id)
Sumber : Investor Daily
Penyerahan Bantuan kepada Korps Marinir TNI AL
Mitratel melakukan penyerahan bantuan Pembangunan sarana telekomunikasi kepada Korps Marinir TNI AL untuk mendukung kegiatan operasional di Pulau Berhala, Sumatera Utara yang berbatasan langsung dengan Malaysia. Hal ini merupakan wujud dan kontribusi perusahaan dalam membantu menjaga tapal batas kedaulatan NKRI.
Pefindo Assigned idAAA Rating to Mitratel (MTEL)
Bisnis.com, JAKARTA – PT Pemeringkat Efek Indonesia (Pefindo) awarded PT Dayamitra Telekomunikasi Tbk. (MTEL) an idAAA rating, with a stable outlook for the company’s rating. This idAAA rating implies the highest rating accorded by Pefindo to obligors. According to Pefindo, the obligor’s ability to fulfill its long-term financial commitments surpasses the other Indonesian obligors. “The company’s rating reflects its exceptionally strong market position, robust revenue visibility with long-term contracts originating from clients possessing powerful business profiles, and an exceptionally strong financial profile,” as stated in Pefindo’s release on Sunday (5/22/2022) . However, Pefindo noted that this rating is limited by the relatively lower tenancy ratio compared to similar companies. Pefindo further mentioned that MTEL’s rating could be lowered if its market position significantly weakens. Moreover, the rating could also be lowered if revenue and/or EBITDA fall significantly below the company’s targets, or if the company’s debt position exceeds projections without a corresponding increase in EBITDA. This condition could negatively impact the capital structure and cash flow protection of the Telkom subsidiary. Stemming from Mitratel’s financial report in the first quarter of 2022, it is reported that short-term business debts to related parties reached IDR 27.28 billion, and to third parties reached IDR 1.15 trillion. Meanwhile, the company’s long-term liabilities due within one year amount to IDR 2.06 trillion. Previously, Mitratel’s Investment Director and Corporate Secretary, Hendra Purnama, said that the company had prepaid some of its debts through its cash this year. Hendra conveyed that Mitratel currently owns sufficient cash to settle all impending loan repayment obligations. “This month, we have disbursed payments worth more than IDR 2 trillion, so we have paid off quite a lot as our cash flow remains strong,” said Hendra to Bisnis, Saturday (3/12/2022). He further elaborated that, to alleviate the financial burden, MTEL has undertaken refinancing measures with funds sourced from cash flow. This refinancing measure was executed in anticipation of an increase in JIBOR rates, as most of the company’s loans are JIBOR plus margin. “So we have discussed with the bank, converting the variable to a fixed rate,” he said.
Sumber : https://market.bisnis.com/read/20220522/192/1535639/pefindo-sematkan-peringkat-idaaa-ke-mitratel-mtel. https://pefindo.com/pageman/page/repdesc?t=desc&id=13256
Controlled Expenses: Mitratel Profit Jumped to 33% to Reach IDR 459.4 M
Jakarta, CNBC Indonesia – PT Dayamitra Telekomunikasi Tbk. (MTEL), known as Mitratel, recorded a revenue of IDR 1.87 trillion during the first quarter of this year. This figure shows a substantial rise of 21.51% compared to the same period the previous year, which was IDR 1.54 trillion.
The main cost was recorded at IDR 952.36 billion, showing a proportional increase of approximately 16.7% compared to the first quarter of last year, IDR 816.05 billion.
Thus, the increase in cost of goods, which remained below the increase in revenue, meant that MTEL managed to record a significant increase in gross profit by 26.81% on an annual basis, amounting to IDR 917.81 billion compared to the previous profit of IDR 723.74 billion.
MTEL also logged another operating income of IDR 12.11 billion. This income contributed to the reduction of operating expenses to IDR 104 billion from the previous IDR 111.12 billion.
As a result, operating profit increased 32.84% on an annual basis to IDR 813.81 billion from the previous IDR 612.62 billion.
This outstanding increase also made MTEL record a net profit of IDR 459.4 billion. This marked a significant rise of 33.86% compared to the same period last year, totaling to IDR 343.19 billion.
Sumber :
https://www.cnbcindonesia.com/market/20220510115443-17-337746/beban-terkendali-laba-mitratel-naik-33-jadi-rp-4594-m
Net Profit Reaches IDR 1.38 Trillion, Mitratel Is Poised to Distribute Dividends
Suara.com – Issuer Subsidiary Telkom Group (TLKM), PT Dayamitra Telekomunikasi Tbk (MTEL) or Mitratel held an Annual General Meeting of Shareholders (AGMS) on Friday (22/4/2022). In this meeting there are several agendas that will be discussed, one of which is dividend distribution. Previously, the summons for the meeting was made via the PT Kustodian Sentral Efek Indonesia (KSEI), PT Bursa Efek Indonesia, and the Company’s website on March 31, 2022. As for shareholders who have the right to attend and vote at the meeting, their names must be recorded in the company’s Shareholder Register or securities account at KSEI on March 30, 2022, at 16.15 WIB. This AGMS will be held virtually through the Electronic General Meeting System facility provided by KSEI, regarding guidelines for preventing and controlling Covid-19. This e-Proxy facility is available for shareholders who are entitled to attend the AGMS from the date of the invitation to the AGMS, namely 31 March 2022 until Thursday, 21 April 2022 at 12.00 WIB.The following is the 2021 AGMS agenda:
- Approval of the Company’s Annual Report for the 2021 Financial Year, including the Board of Commissioners’ Supervisory Duties Report.
- Ratification of the Company’s Financial Report for the 2021 Fiscal Year and Release of Responsibilities for Members of the Board of Directors and Board of Commissioners.
- Determination of the Use of the Company’s Net Profit for the 2021 Financial Year.
- Determination of Remuneration (salary/honorarium, facilities and allowances) for 2022, as well as Tantiem for the 2021 Financial Year for the Company’s Directors and Board of Commissioners.
- Appointment of a Public Accounting Firm to examine the Company’s Financial Report for the New Year 2022 including an Audit of Internal Control over Financial Reporting.
- Report on the Use of Funds from the Company’s Initial Public Offering of Shares.
- Approval of Amendments to the Company’s Articles of Association.
- Approval of Changes in the Composition of Members of the Company’s Board of Directors.
- Approval of Changes to the Composition of Members of the Company’s Board of Commissioners.
At the same time, the AGMS will also discuss plans regarding the use of the Company’s net profit in 2021, one of which is to distribute it as dividends. The company will ask for approval from shareholders for 70% of net profits to be distributed as dividends along with the amount and date of payment. This dividend distribution is in line with the Company’s brilliant performance during 2021 by pocketing a net profit of IDR 1.38 trillion, this number rose 129.4% from the same period last year, namely IDR 602 billion. The jump in net profit of the subsidiary PT Telkom Indonesia (Persero) Tbk (TLKM) is in line with its revenue growth. Throughout 2021, Mitratel’s revenue grew 11% to IDR 6.87 trillion compared to 2020 which amounted to IDR 6.18 trillion. For this year, BRI Danareksa Sekuritas analyst Niko Margonis said that Mitratel promises better performance in 2022 in line with the large number of tower assets owned by the company. To date, Mitratel has more than 28,200 towers with 42,500 tenants spread across various islands in Indonesia, especially 5,896 or 16,200 towers outside Java. In accordance with the government program for developing telecommunications infrastructure outside Java. “Coupled with complete fiber optic services, Mitratel’s competitiveness is even greater and this will bring several large internet network provider companies such as Indosat, XL and Smartfren to collaborate with Mitratel,” explained Niko.
Sumber : https://www.suara.com/bisnis/2022/04/22/094538/laba-bersih-tembus-rp-138-triliun-mitratel-siap-bagi-dividen
Telkom Group Synergy, Mitratel Signs Strategic Cooperation Agreement with Telkom Akses
Jakarta, March 30, 2022 – PT. Dayamitra Telekomunikasi Tbk. or Mitratel signed a cooperation agreement on the design process, implementation and operation and maintenance of the fiber optic network with PT. Telkom Akses. Telkom Akses is a subsidiary of Telkom which is engaged in the construction and management of fiber optic network infrastructure services. The signing was carried out by the Main Director of Mitratel Theodorus A. Hartoko with the Main Director of Telkom Akses | Ketut Budi Utama on March 30 2022. This signing was carried out as an effort to strengthen Mitratel as a tower provider that has a new diversified portfolio, namely tower fiberization which is in accordance with the needs of mobile network operators (MNO) to make Mitratel a digital infrastructure company (InfraCo) as well as independent fiber lease provider (FLP). In his speech, the President Director of Telkom Akses expressed his readiness to provide the best support for Mitratel with the expertise and capabilities that Telkom Akses has. Through synergy with PT Telkom Akses which already has the portfolio and capability in deploying and operating the largest fiber optic network in Indonesia prepared for the Telkom Group, Mitratel is very confident that this will have a positive impact in accelerating the go-to-market of Mitratel’s fiber optic network portfolio. Through this collaboration, Mitratel will optimize the synergy of infrastructure strength and Telkom Group’s very complete competencies including Digital Connectivity, Digital Platform and Digital Services. This collaboration with Telkom Akses will not only accelerate the fiber optic network deployment process but also optimize all resources owned by Telkom Akses, especially integrated planning tools and experienced fiber optic technicians. “Of course, the signing of this cooperation agreement further strengthens Mitratel’s steps in developing its fiberization portfolio, which is part of Mitratel’s readiness as a leading digital infrastructure provider to encourage the growth of the digital economy in Indonesia. “Strengthening the fiber portfolio will also further strengthen Mitratel’s business fundamentals in the future because it will become Mitratel’s new revenue engine generator in optimizing Mitratel’s value in the market,” said Mitratel President Director Theodorus A. Hartoko. The President Director of Mitratel explained that the signed cooperation agreement is expected to encourage Mitratel to become one of the largest fiber optic network providers for mobile telecommunications operators in Indonesia. As is known, at the end of December 2021 a total of 11,851 towers out of a total of more than 28,206 Mitratel towers had been connected to the fiber optic network and currently construction of an additional 6,000 KM of new networks is underway in 5 provinces which will further accelerate meeting the needs of telecommunications operators to implement 5G in Indonesia.
Mitratel Gelar Syukuran HUT ke-13
Jakarta, 23 Oktober 2021. Mitratel menggelar syukuran hari ulang tahunnya ke 13 secara virtual, sejumlah kegiatan dilakukan mulai dari syukuran secara sederhana bersama karyawan, dan kegiatan CSR.
Direktur Utama Mitratel Theodorus Ardi Hartoko mengatakan banyak cerita dan perjuangan telah dilalui Mitratel selama 13 tahun.
“Kepercayaan yang masih terus diberikan para tamu kepada menjadi amanah dan pedoman untuk terus memberi yang terbaik dan tetap melayani dengan sepenuh hati,” ujarnya.
Mitratel Records Brilliant Performance in 2021, Net Profit Soars 129.4%
o Total Revenue increased 11% YoY to IDR 6.87 trillion.
o EBITDA increased 23.9% YoY to IDR 5.18 trillion. EBITDA margin reaches 75.5% in 2021.
o Net profit was recorded at IDR 1.38 trillion, an increase of 13096
o Total sites increased 53% compared to the previous year, to 206 sites.
o Total tenants increased 39% compared to the previous year to 594 tenants
Jakarta – PT Dayamitra Telekomunikasi Tbk (IDX: MTEL) or Mitratel recorded brilliant performance in 2021. Mitratel’s net profit in 2021 jumped 129.4% to IDR 1.38 trillion compared to 2020 which was IDR 602 billion.
The jump in net profit of the subsidiary PT Telkom Indonesia (Persero) Tbk (IDX: TLKM) is in line with its revenue growth. Throughout 2021, Mitratel’s revenue grew 11% to IDR 6.87 trillion compared to 2020 which amounted to IDR 6.18 trillion.
Meanwhile, Mitratel’s earnings before interest, taxes, depreciation, and amortization (EBITDA) in 2021 reached IDR 5.18 trillion, an increase of 23.9% compared to 2020 which amounted to IDR 4.18 trillion. EBITDA margin rose to 75.5% from 67.6%. Meanwhile, Mitratel’s net profit margin in 2021 reached 20.1%, an increase compared to 2020 which was 9.7%.
“Mitratel, which was just listed on the stock exchange approximately 4 months ago, or to be precise on November 22 2021, managed to record a net profit for 2021 of IDR 1.38 trillion or a jump of 129.4%, this indicates that Mitratel has high profitability and can return value. from shareholder investments,” said Mitratel Corporate Secretary, Hendra Purnama, in a press release.
Mitratel plans to distribute dividends with a maximum ratio of 70% of net profit for the 2021 financial year. This dividend ratio will be proposed at the annual General Meeting of Shareholders (AGMS) which will be held in the not-too-distant future.
According to Hendra Purnama, the company’s net profit in 2021 will be supported by organic and inorganic growth through an aggressive sales strategy by utilizing the advantages of the Mitratel portfolio which is widely spread in attractive locations.
Over the past year, Mitratel has added 796 towers and 2,376 tenants organically. Apart from that, the company is implementing an aggressive inorganic growth strategy through the acquisition of Telkomsel towers with 8,139 towers and 8,215 tenants, as well as the consolidation of Telkom tower assets with 798 towers and 1,432 tenants.
Mitratel is a tower provider company with the best performance growth in Indonesia. It is proven that in terms of annual growth rate (Compound Annual Growth Rate/CAGR) the company’s revenue reached 14% during the 2017-2021 period. EBITDA CAGR was 29% and net profit CAGR reached 36%.
Mitratel ensures balance sheet liquidity and cash availability to support the company’s operational strategy. This is shown by the company’s financial balance in 2021. The asset value at the end of 2021 reached IDR 57.72 trillion, an increase of 128,396 compared to 2020 which amounted to IDR 25.28 trillion. Liabilities rose 40,796 to IDR 24.08 trillion from IDR 17.12 trillion. Equity jumped 312,296 to IDR 33.64 trillion from IDR 8.16 trillion.
Meanwhile, operationally, Mitratel continues to record tower and tenant growth, which is supported by the financial health of the company’s business. The number of towers by the end of 2021 reached 28,206 units, an increase of 52.7% compared to 2020 which was 18,473 units. The number of tenants in 2021 rose 39.3% to 42,594 from 2020 which was 30,570.
To maintain sustainable growth, Mitratel has four strategies. First, the company will continue to encourage organic growth. Mitratel will take aggressive steps to capture opportunities for demand for new towers (B2S) and colocation from MNOs by increasing capacity and service coverage.
Second, M&A strategy to complement organic growth. The company will carry out industrial consolidation by utilizing the strength of the company’s balance sheet and cash flow, as well as maximizing Telkom Group synergies.
Third, expand into new services. The company will develop a complete portfolio of digital infrastructure services to support the development of critical infrastructure for MNOs such as Fiber, Edge infra solutions, power-to-tower and digital services (such as LoT).
Fourth, increase operational efficiency. The Company will implement cost efficiency initiatives in various areas, such as operation and maintenance costs to increase profitability and cash flow. The company will also carry out operational digital transformation by improving operational business processes through IT system integration.
In this way, Mitratel will continue to grow and maintain the company’s reputation for sustainable business, while contributing to society and the environment. “This year, we are targeting an increase in revenue of 1096 (exceeding the average industry growth) with 750 tower developments and 3,000 organic collocations, as well as an additional 3,000 inorganic towers,” explained the Investment Director who also doubles as Mitratel’s Corporate Secretary, Hendra Purnama.
Mitratel is part of the cellular service value chain by providing telecommunications infrastructure connectivity services spread throughout Indonesia. The number of the company’s telecommunications towers is around 28% of the tower population in Indonesia. This is to strengthen Indonesia’s digital ecosystem and be ready to compete globally. The Company is an enabler of 5G development through the provision of telecommunications infrastructure services.
