Foreign investors have been actively buying shares of PT Telkom Indonesia, recording a net purchase of Rp1.45 trillion (US$89.7 million), subsequently pushing the stock price up 16 percent since the start of the week through Thursday, August 14, 2025.  

Over the next five years, Telkom plans to streamline its portfolio into four main segments: Business-to-Consumer (B2C), Business-to-Business (B2B) Infrastructure, B2B ICT services for corporate clients, and international business.

“So roughly, it will only be those four portfolios. That’s where Telkom is heading,” Telkom’s Digital IT Director, Faizal Rochmad Djoemadi, said in Jakarta on Thursday, August 14, 2025.

He cited that the restructuring is based on a customer-centric approach, tailored to the type of clients served. The B2C segment will cater to retail consumers, individuals, and households, while the B2B Infrastructure portfolio targets other licensed operators making large-scale use of Telkom’s infrastructure.

Telkom is also committed to expanding its enterprise segment as a key driver of future growth. Veranita Yosephine, Telkom’s Director of Enterprise & Business Service, said the enterprise business currently contributes less than 20 percent to the company’s total revenue and ecosystem − lower than telecommunications companies in countries like Singapore, France, Australia, and other European markets.

“The majority of them have over 30 percent of their revenue coming from their corporate business units, which serve corporate and business segments, while we are still below that number,” Veranita said.

She noted that this gap presents a major growth opportunity for Telkom, with a target for the enterprise business to become the main growth engine within five years, eventually surpassing 30 percent of total revenue and aligning with global standards.

“Everyone is racing to enter digital platforms, and we still have room to develop potential compared to other global benchmarks,” she said.

For the first half of 2025, Telkom posted a net profit attributable to the parent entity of Rp10.98 trillion, down 6.68 percent year-on-year from Rp11.76 trillion in the same period last year. Revenue also slipped 3.03 percent year-on-year to Rp73 trillion, with the largest share coming from data, internet, and IT services at Rp44.25 trillion.

Other revenue contributions came from IndiHome (Rp13.25 trillion), interconnection services (Rp4.96 trillion), telephone services (Rp3.07 trillion), network services (Rp1.84 trillion), and other services (Rp4.14 trillion).

Telkom President Director, Dian Siswarini, said the company will continue accelerating its transformation strategy to strengthen competitiveness amid a dynamic industry environment.

“In addition, we are consistently enhancing governance as the company’s main foundation and promoting a strong work culture,” she said on July 1, 2025.

As of the end of June 2025, Telkom’s total assets stood at Rp293.8 trillion, down 1.96 percent from Rp299.68 trillion at the end of December 2024.