Telkom Boss Reveals TLKM30 Strategy to Boost Business
Jakarta, CNBC Indonesia - PT Telkom Indonesia (Persero) Tbk (Telkom) is preparing a medium-term strategy called TLKM 30. This strategy aims to improve the company’s performance and competitiveness as a digital ecosystem enabler with global competitiveness.
“The goal is how we can make Telkom in the future a more profitable, more sustainable, world-class company,” said Telkom President Director Dian Siswarini during CNBC Indonesia’s Economic Update 2026, themed “Performance Achievements and Direction for Strengthening Priority Programmes of the Ministry”, on Monday (22/6/2026).
Dian explained that this strategy is built on four pillars. The first is improving operational excellence and service excellence. Within this pillar, there are changes or transformations in culture, governance, capital allocation effectiveness, and ensuring the company’s products have a higher yield.
The second pillar is streamlining, namely simplifying the Telkom Group structure. This step is carried out by diversifying businesses that are not relevant to Telkom’s core strengths. “So, there are businesses that we will close, that will be sold, and will also be consolidated with other similar companies,” Dian clarified.
Dian explained that Telkom recently divested the health insurance businesses AdMedica Group and Telkommedica. Both businesses are imaged under Fulton Health. “This is an attractive business and its valuation is good. So, this shows that investors are actually still interested in investing in Indonesia,” Dian explained.
In addition to diversification, Telkom is also targeting the closure of 10 subsidiaries by the end of June. “In total, the target is to reduce the number of subsidiaries from 67 to around 15,” Dian clarified.
The next pillar is unlocking value. This pillar involves maximising the potential of various assets owned by Telkom. “We have an extraordinary number of assets. An extraordinary number of digital infrastructure assets, one could say throughout Indonesia, on land, at sea, and in the air, even in the sky,” Dian explained. “Because at sea we have submarine cables, on land we have fibre, towers, and then in the sky there are satellites, which may actually have an asset value far higher than what is currently appreciated by the market,” he added.
The final pillar is the modus operandi shift. In this pillar, Telkom will transfer the operation holding to a strategic holding to make operations more efficient.