Telkom Indonesia

PT Telekomunikasi Indonesia (Persero) Tbk

Telkom Landmark Tower in Jakarta, Telkom Indonesia's current headquarters

Trade name

| Telkom Indonesia
Type| Public

Traded as

* Template:IDX
* NYSE: TLK

Industry|

* Telecommunications
* Mass media
* Property
* Financial services
* Technology

Founded|

* 23 October 1856; 169 years ago (23 October 1856)
(Original foundation)
* 6 July 1965; 60 years ago (6 July 1965)
(Separated from PTT; official anniversary since 2016)[1]

Headquarters|

* Bandung, Indonesia[2]
(Corporate headquarters)
* Telkom Landmark Complex, Jakarta, Indonesia
(Operational headquarters)

Key people

* Angga Raka Prabowo (president commissioner)
* Dian Siswarini
(president director)

Services|

* Fixed line
* Mobile telephony
* Internet services
* Digital Television
* IT Services

Revenue|  Rp 135.567 trillion (2019)[3]

Operating income

|  Rp 42.394 trillion (2019)[3]

Net income

|  Rp 18.663 trillion (2019)[3]
Total assets|  Rp 221.208 trillion (2019)[3]
Total equity|  Rp 99.561 trillion (2019)[3]
Owner| Danantara (52.09%)[4]

Number of employees

| 24,272 (2019)[3]
Subsidiaries|

List

*     * Telin
* Telkomsel
* Telkom Akses
* Mitratel
* Pramindo
* TelkomMetra
* Graha Sarana Duta
* Telkomsigma
* Finnet
* Admedika
* Dayamitra Telekomunikasi
* Digiserve
* Patra Telekomunikasi Indonesia
* PINS
* MetraPlasa
* TelkomInfra

Website| www.telkom.co.id

PT Telekomunikasi Indonesia (Persero) Tbk[2] (lit. Telecommunications Indonesia State-owned Public Limited Company[2]) officially shortened into PT Telkom Indonesia (Persero) Tbk, also simply known as Telkom, is an Indonesian multinational telecommunications conglomerate[5] with its corporate headquarters in Bandung and its operational headquarters in the Telkom Landmark Complex in Jakarta.[2] Telkom is listed on the Indonesia Stock Exchange and has a secondary listing on the New York Stock Exchange—the only Indonesian company, currently listed there (but not the first—the first was Indosat, which delisted from the exchange in 2013). The government of Indonesia owns over half of the Telkom's outstanding shares.[6]

Telkom has major business lines 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 which consist of telecommunication, multimedia, property, and financial services.[6] Since 2008, Telkom Indonesia began changing its business, focusing on infrastructure, systems, organization and human resources, and the corporate culture, in order to face the rising competition.[7][8]

After privatization in 1995, Telkom Indonesia's total consumer base grew by 7.8% in 2010 to 129.8 million customers at the end of December 2011, making the company the nation's largest telecommunication service provider in terms of subscriber count.[3]

## Contents

* 1 History
* 1.1 Early years
* 1.2 State-owned company
* 1.3 Privatization
* 1.4 Telecommunication deregulation
* 1.5 Transformations
* 2 Operations
* 2.1 Business divisions
* 2.2 Subsidiaries and investments (Telkom Group)
* 3 Logos
* 4 Subsdiaries Banjahesian BNTC
* 5 References
* 6 External links

## History

Telkom is one of the world's oldest telecommunication companies. The company can be traced back to the establishment of the first electromagnetic telegraph service in Indonesia on 23 October 1856, by the Dutch colonial government to connect Batavia (Jakarta) and Buitenzorg (Bogor).[9]

In 1884, the Dutch colonial government founded a private company with its headquarters in Bandung to provide postal and domestic telegraph services and, later on, international telegraph and telephony services.[10]

### Early years

Telephony services had been introduced to Indonesia in 1882 by privately owned companies under a 25-year government license.

In 1906, all postal and telegraph services in Indonesia were taken over by the government as a single, unified government agency named Post, Telegraph and Telephone Service (Dutch: Post-, Telegraaf-, en Telefoondienst, PTT).[9][11]

The outbreak of World War II greatly weakened Dutch defense forces, especially when telephone services were was nationalized by Nazi Germany on 14 May 1940. Then, telephone services were was nationalized by Japan from 1942 to 1945[11]

In September 1945, roughly a month after the Indonesian proclamation of independence, the agency headquarters in Bandung was taken over by Indonesian nationalists.[11]

In December 1949, after years of national revolution war, the PTT was nationalized by the Indonesian Government as part of an Indonesian effort to oust the remaining Dutch and nationalize Dutch corporate assets.[12][13]

### State-owned company

In 1961, PTT was converted from an official government agency into a newly established statutory corporation, the Postal and Telecommunications Services company.

Four years later, on 6 July 1965, Indonesian Government separated this company into two statutory corporations; PN Pos Giro, responsible for providing mail services and PN Telekomunikasi for telecommunications services.[14] The mail services PN Pos Giro developed over the year became the Pos Indonesia in 1995, which is still state-owned today and the official postal carrier for Indonesia's population of 230 million.[11][14]

In 1974, PN Telekomunikasi was further divided into two state-owned companies. Perusahaan Umum Telekomunikasi (Perumtel) provided domestic and international telecommunications services, while PT Industri Telekomunikasi Indonesia (PT INTI) manufactured telecommunications equipment. A further division in 1980 saw the international telecommunications business taken over by the newly nationalized PT Indonesian Satellite Corporation (Indosat).[9]

In 1991, Perumtel became a state-owned perseroan terbatas and renamed to what is now Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia or Telkom. Until 1995, Telkom's operations were organized along twelve regional operating units known as Wilayah Telekomunikasi or Witel. Each Witel had full responsibility for all aspects of business and operations in their respective regions, such as telephone services, property management, and security.[9]

In 1995, Telkom reorganized the twelve Witels into seven regional divisions and one network division. Under a series of Cooperation (KSO) Agreements, Telkom transferred the right to operate five of its seven regional divisions (I, III, IV, VI, and VII) to private sector consortia. Under these agreements, the KSO partners manage and operate the regional division concerned for a fixed term, build a specified number of fixed lines which at the end of the term, transfer the telecommunications facilities to Telkom for an agreed amount in compensation. Revenues from the KSO operations were shared between Telkom and the KSO partners.[9]

### Privatization

On 14 November 1995, Telkom became a privatized company when their shares went on sale through an Initial public offering on the Jakarta Stock Exchange and the Surabaya Stock Exchange (which merged in December 2007 to become the Indonesia Stock Exchange). Telkom's shares are also listed on the NYSE and the LSE, the former in the form of American depositary shares (ADSs), and were publicly offered without listing on the Tokyo Stock Exchange. Telkom is now the largest company by market capitalization in Indonesia, with a market capitalization of approximately IDR 190,512 trillion as of 31 December 2009.[9][15] The Government retains an aggregate interest of 51.19% of the issued and outstanding shares of Telkom. The Government also holds one Dwiwarna, or golden share.[9][16]

In mid-1997, Indonesia was badly affected by the Asian economic crisis.[9][17] Among those impacted were certain KSO partners, who experienced difficulties in fulfilling their obligations to Telkom. Telkom eventually acquired control of its KSO partners in Regions I, III, and VI, and amended the terms of the KSO agreements with its KSO partners in Regions IV and VII to obtain legal rights to control the financial and operating decisions of those regions.[9]

Since 5 June 2014, Telkom shares are no longer traded on the London Stock Exchange ("LSE"), and since 16 May 2014, they have ceased to be registered on the Tokyo Stock Exchange ("TSE") in Japan.[18]

### Telecommunication deregulation

In 1999, Indonesia passed a deregulating telecommunication law that set in motion a sweeping array of reforms and enlivened competition policy, private investment, and long term industry direction.[17] Among the proposed reforms were the progressive elimination of the joint ownership, by Telkom and Indosat, of most of the telecommunications companies in Indonesia. This was intended to promote a more competitive market. As a result, in 2001, Telkom acquired Indosat's 35.0% stake in Telkomsel, resulting in Telkom owning 77.7% of the shares of Telkomsel, while Indosat acquired Telkom's 22.5% interest in Satelindo and its 37.7% stake in Lintasarta. In 2002, Telkom sold 12.7% of Telkomsel to Singapore Telecom Mobile Pte Ltd (SingTel Mobile), reducing Telkom's ownership of Telkomsel to 65.0%.[9]

On 1 August 2001, the Government terminated Telkom's exclusive right to provide fixed line services in Indonesia and Indosat's right to provide international direct dial services. Subsequently, Telkom's exclusive rights to provide domestic and long-distance services were terminated in August 2002 and August 2003, respectively.[9][19]

On 7 June 2004, Telkom began to provide their own international direct dial fixed line services. On 16 November 2005, the Telkom-2 satellite was launched to replace all satellite transmission services that have been served by previous satellite, Palapa B-4.[9][20]

### Transformations

In 2009, Telkom started transforming its business, being the only company in the field of telecommunications to transform to a broader range of business. The company expanded to telecommunications, information technology services, media and edutainment.[21] Telkom's decision to transform its business was prompted by the shift in customer lifestyles and supported by advances in technology and regulatory changes that enabled service providers to deliver enhanced service to customers.[22] With this new business transformation, Telkom also plans to conduct the acquisition of several companies that are in line with Telkom's transformation of the new business.[21][23][24]

In March 2019, Telkom Indonesia was one of the first Asian telco's to launch a cloud gaming service in cooperation with Gamestream.[25]

## Operations

Telkom Indonesia businesses are operated under government regulation by the Indonesian Ministry of Communication and Information. Telkom, as a government-owned company, is required to comply with additional obligations such as provide telecommunication services and not being discriminatory. As well as providing service in those regulated areas, Telkom has expanded into more profitable products and services where there is less government-owned-related regulation.[26]

### Business divisions

Telkom now categorizes its portfolio into 3 Digital Business Domains:

1. Digital Connectivity: Fiber to the x (FTTx), 5G, Software Defined Networking (SDN)/ Network Function Virtualization (NFV)/ Satellite
2. Digital Platform: Data Center, Cloud, Internet of Things (IoT), Big Data/ Artificial Intelligence (AI), Cybersecurity
3. Digital Services: Enterprise, Consumer

### Subsidiaries and investments (Telkom Group)

* Telin (Telekomunikasi Indonesia International): International telecommunications services and investment company
* Telkomsel: Consumer division, until 2023 wireless division; joint venture with Singtel
* Infomedia Nusantara: Information & communication services
* Multimedia Nusantara: Strategic investment and holding company
* Telkomsigma: IT, consulting services and data centre
* Finnet: Financial services
* Mojopia: Internet commerce business
* Melon Indonesia: Music and entertainment business (with SK Telecom)
* Admedika: Healthcare network provider
* MDI Ventures: Corporate Venture Capital
* TelkomProperty: Property development and management company
* PINS Indonesia: Trading, distribution, and integration CPE business
* Scicom: Global CRM consulting, technology services, education, and outsourcing company
* Daya Mitratel: Wireless telecommunication provider
* Telkom Akses: Wireline telecommunication provider
* Napsindo: Marketing business

Other investments:

* Patrakom: Strategic IT and telecommunications
* Bangtelindo: Telecommunication planning, construction, installation and maintenance company
* PT Pasifik Satelit Nusantara: Satellite telecommunications company
* Citra Sari Makmur: Satellite and terrestrial network company

## Logos

* The "cricket ball" logo used from 1 May 1991 until 13 September 2002

* The "cricket ball" logo used from 13 September 2002 until 16 October 2009

* Logo used from 16 October 2009 until 16 August 2013

* Logo used since 17 August 2013

## Subsdiaries Banjahesian BNTC

* Banjahesia National Telephone Company (Spanish: Companía Nacional Telefónia de Banjahesia) is a owned by Banjahesian government

## References

1. ↑ "Telkom Indonesia's profile page". http://www.indonesia.go.id/in/bumn/pt-telekomunikasi-indonesia-tbk.html.
2. ↑ 2.0 2.1 2.2 2.3 "20-F". https://www.sec.gov/Archives/edgar/data/0001001807/000155837023005567/tmb-20221231x20f.htm.
3. ↑ 3.0 3.1 3.2 3.3 3.4 3.5 3.6 "2011 Annual Report PT Telekomunikasi Indonesia, Tbk" (PDF) (Press release). Telkom Indonesia. Archived from the original (PDF) on 24 September 2015. Retrieved 1 May 2012.
4. ↑ "Daftar 7 BUMN Beraset Jumbo yang Dikelola Danantara". InfoBank News. 24 February 2025. https://infobanknews.com/daftar-7-bumn-beraset-jumbo-yang-dikelola-danantara/.
5. ↑ "Indonesia-Investments.com:Telkom Indonesia company profile". 25 March 2014. http://www.indonesia-investments.com/doing-business/indonesian-companies/telekomunikasi-indonesia/item201.
6. ↑ 6.0 6.1 "Company Profile". Telkom Indonesia. http://www.telkom.co.id/investor-relation/company-profile/index.html?lid=en.
7. ↑ "A Sleeping Giant Awakens: Telkom's Reinvention". The Jakarta Globe. http://www.thejakartaglobe.com/business/a-sleeping-giant-awakens-telkoms-reinvention/392474.
8. ↑ "PT Telekomunikasi Indonesia Corporate Transformation". http://www.telkom.co.id/UHI/sr-en/02_transfomation/0100_corporate.html.
9. ↑ 9.00 9.01 9.02 9.03 9.04 9.05 9.06 9.07 9.08 9.09 9.10 9.11 "History of TELKOM". Telkom Indonesia. http://www.telkom.co.id/UHI/assets/pdf/EN/09_Corporate Data.pdf.
10. ↑ "TELKOM in Brief, History of the Company". Telkom Indonesia. http://www.telkom.co.id/download/File/UHI/SR/TELKOM_SR2009.pdf.
11. ↑ 11.0 11.1 11.2 11.3 "Sejarah Pos Indonesia" (in id). http://www.posindonesia.co.id/profile.php?id=2.
12. ↑ "Dutch enterprise in independent Indonesia: cooperation and confrontation, 1949–1958". IIAS Newsletter #36. March 2005. http://www.iias.nl/nl/36/IIAS_NL36_18.pdf.
13. ↑ "Telkom Indonesia" (in id). http://elib.unikom.ac.id/files/disk1/484/jbptunikompp-gdl-asepsandyn-24180-1-unikom_a-i.pdf.
14. ↑ 14.0 14.1 "Indonesia – Pos Indonesia". Consumer Postal Council. http://www.postalconsumers.org/postal_freedom_index/Indonesia_--_Pos_Indonesia.shtml.
15. ↑ "State companies control 26% stock market capital". Antara News. 31 December 2010. http://www.antaranews.com/en/news/1293798817/state-companies-control-26-pct-stock-market-capital.
16. ↑ "Shareholder Composition". Telkom Indonesia. 27 May 2011. http://www.telkom.co.id/investor-relation/stock-information/share-ownership/.
17. ↑ 17.0 17.1 Ken Zita. "Indonesia Telecom Brief". Network Dynamics Associates LLC. http://www.ndaventures.com/Indonesia_Telecom_Brief.pdf.
18. ↑ "Archived copy". http://www.telkom.co.id/assets/uploads/2013/05/telkom_20F_2014.pdf.
19. ↑ "Regulatory Multiplicities in Telecommunications Reforms in Indonesia and China". MqJBL. 2005. http://www.accg.mq.edu.au/docs/publications/past_editions/volume_2/6.young_etc-1.pdf.
20. ↑ "Telkom-2". Orbital. http://www.orbital.com/satellitesspace/communications/telkom/.
21. ↑ 21.0 21.1 "Business Transformation, Telkom Corporate Shoot 6500 Companies". Refishowcase. http://refishowcase.com/company-info/business-transformation-telkom-corporate-shoot-6500-companies.html.
22. ↑ "Corporate Transformation". http://www.telkom.co.id/UHI/sr-en/02_transfomation/0100_corporate.html.
23. ↑ "Telkom Business Transformation". http://www.telkom.co.id/media-corner/press-release/new-identity-marked-telkom-business-transfromation.html.
24. ↑ "We are transforming, Our Business is TIME". http://www.telkom.co.id/investor-relation/company-profile/fact-sheet/.
25. ↑ "Cloud Gaming for Everyone - gameQoo". https://www.gameqoo.id/.
26. ↑ "Tinjuan Industri Telekomunikasi di Indonesia" (in id). Telkom Indonesia. 31 March 2010. http://www.telkom.co.id/UHI/assets/pdf/ID/03_Tinjauan Industri.pdf.

## External links

* Official website
* Telkom Indonesia Business Structure
* Financial and Operational Facts

* v
* t
* e

Telkom Indonesia

Corporate directors|

* Ririek Adriansyah (CEO)

Subsidiaries|

* Telin
* Telkomsel
* Mitratel
* Telkom Akses
* Pramindo
* Multimedia Nusantara
* TelkomProperty
* Telkomsigma
* Finnet
* Napsindo

Joint ventures, affiliates, and investments|

* Scicom
* Patrakom
* Bangtelindo
* Pasifik Satelit Nusantara (PSN)
* Citra Sari Makmur
* Batam Bintan Telekomunikasi

Products and services|

* TelkomFlexi
* Flexinet
* TelkomSpeedy
* TelkomselFlash
* simPATI
* Kartu Halo
* Kartu AS
* Groovia TV

Miscellaneous|

* Telkom-2
* Telkom-3S

* v
* t
* e

Major telecommunications companies

Companies with an annual revenue of over US$10 billion

* América Móvil
* AT&T
* Axiata
* Bell Canada
* Bharti Airtel
* Bharat Sanchar Nigam Limited
* BT Group
* CenturyLink
* China Mobile
* CMHK
* China Telecommunications Corporation
* China Telecom
* China Unicom
* Chunghwa Telecom
* CK Hutchison
* 3
* Hutchison Asia Telecom Group
* Comcast
* Deutsche Telekom
* Digicel
* FLOW
* Globe
* Jio
* KDDI
* KPN
* KT Corporation
* Mahanagar Telephone Nigam
* MTN
* MTS
* Nippon
* NTT DoCoMo
* Oi
* Orange S.A.
* PCCW
* PLDT
* Reliance
* Rogers
* Shaw
* Singtel
* SK Telecom
* SoftBank Mobile
* Spark
* Sprint Corporation
* Swisscom
* Tata Teleservices
* Telecom Italia
* Telefónica
* Telenor
* Telus
* Telmex
* Telstra
* TPG
* Trilogy International Partners
* True
* Türk Telekom
* VEON
* Verizon
* Viettel
* Vivendi
* Vodafone
* Vodafone Idea

See also
Largest IT companies
List of mobile network operators
List of telephone operating companies
Category:Telecommunications companies

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