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OcelotCapital • Duke Emerging Market Portfolio Management (Fall 2020) • Sep 2020
Since 1960, Indonesia's population has tripled to about 264 million people. As Indonesia grows and develops, they will need to have infrastructure to match the growth in population. TLK is the country's a huge wireless company in Indonesia, and we expect to see them take a large part in developing the country's cellular and wireless infrastructure development. With steady growth in revenue, minimal debt, and strong dividends, TLK is a strong stock to purchase.