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IDX:EXCL 2 April 2025

Bridging 17,000 Islands: Inside Indonesia’s Internet Revolution

Bridging 17,000 Islands: Inside Indonesia’s Internet Revolution

Telkomsel holds about 45% of Indonesia’s mobile market with 153 million subscribers in 2024. IndiHome covers 75% of fixed broadband after integration, passing 38 million homes and connecting 10 million. 4G now reaches over 97% of the population, while 5G covers 26.3% by end-2024. Starlink became commercially available in May 2024, targeting remote areas and health facilities.
2 April 2025
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Stock Market Today

  • Webjet Shares Drop to Record Low as Travel Bookings Decline and Virgin Australia Cuts Commissions
    May 19, 2026, 11:16 PM EDT. Webjet (ASX: WEB) shares hit a record low following a sharp fall in travel bookings amid the Middle East war. The online travel agency reported underlying earnings before interest, tax, depreciation and amortisation (EBITDA) of $28.1 million for the year to March 31, a decline driven by reduced flight sales. Virgin Australia's decision to cut commission rates further pressures Webjet's future earnings. The company noted the first seven weeks of the new financial year have been even more challenging, reflecting ongoing travel industry uncertainties and geopolitical risks impacting consumer demand for flights.

Latest articles

Wall Street Hit by Yield Jolt With Nvidia Up Next

Wall Street Hit by Yield Jolt With Nvidia Up Next

20 May 2026
U.S. stock ETFs remained lower late Tuesday after Wall Street’s main indexes fell for a third straight session, pressured by rising Treasury yields and caution ahead of Nvidia’s earnings. The SPDR S&P 500 ETF dropped 0.7% to $733.73. The 10-year Treasury yield hit 4.687%, its highest since January 2025, before easing. Nvidia shares slipped 0.7% after hours, with traders bracing for a major move post-earnings.
Viavi Stock Drops After $500 Million Share Sale Plan — The Debt Move Investors Can’t Ignore

Viavi Stock Drops After $500 Million Share Sale Plan — The Debt Move Investors Can’t Ignore

20 May 2026
Viavi Solutions shares dropped 7.1% in after-hours trading Tuesday after the company announced a $500 million public stock offering aimed at repaying debt. The offering, unveiled just after the Nasdaq close, could add roughly 10.1 million new shares. Viavi plans to use proceeds to pay down a $450 million loan. Total debt would fall to $650 million, according to a preliminary SEC filing.
Analog Devices Shares Rally After $1.5B AI Power Deal Ahead of Earnings

Analog Devices Shares Rally After $1.5B AI Power Deal Ahead of Earnings

20 May 2026
Analog Devices agreed to acquire Empower Semiconductor for $1.5 billion in cash, sending ADI shares up 1.36% to $419.95 in after-hours trading after closing down 1.02%. The deal, approved by both boards, is expected to close in the second half of 2026 pending regulatory review. Empower CEO Tim Phillips will continue to lead integrated voltage regulator work after the merger.
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