Telkom Indonesia (Persero) Tbk PT ADR Rep 100 B

TLK

PT Telekomunikasi Indonesia (Persero) Tbk, commonly known as Telkom Indonesia (stylised as Telkom Indonesıa) or simply Telkom, is an Indonesian multinational telecommunications conglomerate. Telkom is listed on the Indonesia Stock Exchange and has a secondary listing on the New York Stock Exchange. The government of Indonesia owns over half of Telkom's shares outstanding.Telkom has major businesses in fixed line telephony, internet and data communications. It is operated as the parent company of the Telkom Group, which is engaged in a broad range of businesses that consist of telecommunication, multimedia, property and finance services. Since 2008, Telkom Indonesia began changing its business focus, infrastructure, systems, organisation and human resources, as well as the corporate culture, in their effort to face rising competition.After privatization in 1995, Telkom Indonesia's total consumer base grew by 7.8% from 2010 to 129.8 a million customers at the end of December 2011, making the company the nation's largest telecommunication service provider by subscribers.

Telkom Indonesia (Persero) Tbk PT ADR Rep 100 B has been a target of short sellers for a while. The current short interest of 0.26% is roughly at the average of the last 12 months (0.29%).