21.17000 USD
0.3
1.40%
Last update Dec 15, 3:59 PM EST
Market closed
Day range
21
21.27000
Previous close
21.47000
Open
21.020000
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Telkom Indonesia Persero Tbk. - ADR
21.17
0.30
1.40%

Overview

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Description

Telkom Indonesia Persero Tbk. - American Depositary Receipt (ADR) is a financial instrument that allows U.S. investors to hold shares of the Indonesia-based telecommunications company, PT Telekomunikasi Indonesia, on an American exchange. The primary purpose of these ADRs is to make it easier for American investors to gain exposure to foreign stocks, in this case, providing access to Indonesia's largest telecommunications provider. Telkom Indonesia is instrumental in offering telecommunication and network services, including fixed line, mobile, and broadband internet services, catering to both individual and corporate clients. Its reach extends across various sectors, driving connectivity and digital transformation in Indonesia and beyond. The ADR represents the company's efforts to attract and facilitate investment from the global market, enhancing liquidity and investor diversity. Telkom Indonesia's ADRs are significant in connecting global investors with one of Asia's rapidly growing markets, positioning Telkom as a pivotal player in the telecommunications industry at a regional and international level.

About

CEO
Employees
19205
Address
Jl. Japati No. 1
Bandung, 40133
Phone
62 22 452 1404
Website
Instrument type
American depositary receipt
Sector
Communication Services
Industry
Telecom Services
Country
United States
MIC code
XNYS
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