PT Telkom Indonesia (Persero) Tbk has reaffirmed its commitment to\nstrengthening business fundamentals and corporate governance through\naccelerated implementation of its TLKM 30 transformation strategy in\n2026.<\/p>\n
This initiative represents a momentum for Telkom to reorganise its\nbusiness portfolio, enhance operational discipline, and establish a\nstrategic holding structure to drive greater value creation.<\/p>\n
Chief Executive Officer Dian Siswarini stated that TLKM 30 is a\ncomprehensive reform agenda designed as a medium-term strategy through\n2030. The programme aims to improve performance whilst strengthening\nTelkom\u2019s competitive position as an enabler of a world-class digital\necosystem.<\/p>\n
\u201cWe are implementing TLKM 30 to unlock greater value from all of\nTelkom\u2019s business potential whilst strengthening the company\u2019s\ncontribution to the state and shareholders through increased value and\ndividends,\u201d Dian said during the TelkomGroup Business Update in\nJakarta.<\/p>\n
The transformation involves careful portfolio reorganisation\nalongside strengthened good corporate governance practices. Measures\ninclude restructuring and streamlining subsidiaries, establishing a\nstrategic holding, and enhancing discipline in asset management. This\naligns with the state-owned enterprises governance strengthening agenda\nthrough the Danantara initiative, which emphasises transparency,\nprudence, and accountability in managing state assets.<\/p>\n
Implementation includes normalising asset quality, ensuring more\naccountable expenditure, and aligning financial records to improve\naccuracy and fairness of company reports.<\/p>\n
To promote operational excellence, Telkom is strengthening\noperational discipline, improving business processes, and optimising\ncapital allocation for greater efficiency. The transformation is also\nsupported by cultural changes emphasising collaboration, accountability,\nand performance and value creation orientation.<\/p>\n
Progress is already visible since TLKM 30 implementation began in the\nsecond half of last year. One key development is the formation of\nFiberCo entity through a spin-off of fibre connectivity wholesale\nbusiness and assets to PT Telkom Infrastruktur Indonesia or InfraNexia.\nThis entity will focus on developing the fibre business whilst improving\noperational efficiency and investment, and opening opportunities for\nnetwork sharing and strategic partnerships.<\/p>\n
Beyond FiberCo, Telkom is also unlocking value from other\ninfrastructure assets, including data centre operations through NeutraDC\nand telecommunications tower business through PT Dayamitra\nTelekomunikasi Tbk.<\/p>\n
Telkom is also undertaking streamlining through a comprehensive\nevaluation of subsidiaries to ensure focus on core telecommunications\nand digital business. One early implementation was the signing of a\nConditional Sale and Purchase Agreement by PT Multimedia Nusantara for\nfull divestment of PT Administrasi Medika and its subsidiary\nTelkoMedika, which operates as a third-party administrator in the health\nsector.<\/p>\n
Under the new strategic holding structure, Telkom will focus on value\ncreation and governance oversight functions, whilst operating companies\nwill handle business operations.<\/p>\n
Going forward, TelkomGroup will strengthen its business structure\nthrough four main pillars serving as growth engines: B2C, B2B ICT,\nDigital Infrastructure, and International Business. Through this\nstructure, Telkom expects each business line to operate more focused and\nagile in optimising Indonesia\u2019s digital ecosystem potential.<\/p>\n
The TLKM 30 transformation is also expected to have positive impact\non the national economy through broader provision of higher-quality\ndigital connectivity services. \u201cWith support from all stakeholders, we\nare driving this transformation to deliver positive impact for the\neconomy and society through increasingly widespread and quality digital\nconnectivity services,\u201d Dian said.<\/p>", "url": "https:\/\/jawawa.id\/newsitem\/telkom-focuses-on-executing-tlkm-30-strategy-1773222714", "image": "" }, "sponsor": "Okusi Associates", "sponsor_url": "https:\/\/okusiassociates.com" }