Telkom (TLKM), market leader in the telco industry, opened slightly higher by 0.36% to Rp2,780 this morning to make a market capitalisation of Rp275.4 trillion. The stock has fallen 40% from its last peak (September 2022), while second largest player Indosat (ISAT) gained 40% in the same period. What’s wrong?To subscribe please click here