PT Remala Abadi Tbk (DATA.JK) Stock Analysis & Winston Score

PT Remala Abadi Tbk is an Indonesian internet service provider based in Jakarta. The company delivers broadband internet connections to homes and businesses, primarily in the Greater Jakarta area and surrounding regions. It operates under the brand "Tachyon" and focuses on providing fixed-line fiber optic internet services to residential and commercial customers. The company earns money through monthly subscription fees paid by its internet customers, which creates a relatively steady and recurring revenue stream. Its high gross margin of around 74% reflects the efficiency of its fiber network once built out. Remala Abadi operates mainly in Java, Indonesia, competing against larger national telecoms like Telkom Indonesia and its IndiHome service. The key growth driver is expanding its fiber network coverage deeper into underserved urban and suburban neighborhoods, but the main risk is intense competition from well-funded national and regional providers who can undercut pricing or outspend on infrastructure.