Telkom Drives Strengthening of Fundamentals and Corporate Governance, Focuses on Execution of TLKM 30 Strategy

Jakarta – Telkom’s TLKM 30 transformation represents a comprehensive reform agenda pursued by Telkom as an effort to continually strengthen business fundamentals. The year 2026 represents a key execution milestone for Telkom to demonstrate the implementation of this strategy, which encompasses business portfolio restructuring, strengthening of good corporate governance (GCG), restructuring and streamlining of subsidiaries, and establishment of a strategic holding company to drive operational excellence and unlock value from TelkomGroup’s assets.

This was stated by Chief Executive Officer of PT Telkom Indonesia (Persero) Tbk (Telkom) Dian Siswarini during a TelkomGroup Business Update session held in Jakarta on Friday, 6 March.

Also present at the event were Telkom’s Director of Legal & Compliance Andy Kelana, Director of Wholesale & International Service Budi Satria Dharma Purba, Director of IT Digital Faizal Rochmad Djoemadi, and Director of Human Capital Management Willy Saelan. TLKM 30 is designed as a medium-term transformation strategy through 2030 to improve Telkom’s performance and competitiveness as an enabler of a globally competitive digital ecosystem.

Through this initiative, Telkom is conducting more focused business portfolio restructuring and strengthening corporate governance practices so that each business line can develop optimally and create sustainable added value for the company and all stakeholders. The TLKM 30 transformation also aligns with the total governance reset agenda for state-owned enterprise management promoted by the Danantara mission, emphasising the strengthening of transparent, prudent, and disciplined governance practices in managing company assets.

These efforts encompass asset normalisation and quality improvement, accountable spending practices, and alignment of financial records to ensure company reports are increasingly accurate and fair. In its implementation, Telkom is promoting improved operational excellence through strengthened discipline, business process improvements, and more efficient capital allocation management.

This is also supported by corporate culture transformation that emphasises collaboration, accountability, and an orientation towards performance and value creation. These measures are accelerating the efficient management of resources, so that Telkom’s business fundamentals become increasingly solid, particularly amid global uncertainty challenges and the need for digital infrastructure self-reliance. As a company with dual listings on the Indonesia Stock Exchange (IDX) and the New York Stock Exchange (NYSE), Telkom consistently ensures compliance with regulations applicable in both Indonesia and the United States.

Some progress from the TLKM 30 transformation has been visible since its implementation began in the middle of last year.