Telkom slashes 34 entities in SOE transformation process
PT Telkom Indonesia has cut 34 entities from its 67 business units as part of a state-owned enterprise (SOE) transformation to build a leaner, more efficient and competitive organisation.
“Transformation is not merely about changing the structure. Most importantly, the company can move faster, be more efficient, and create greater value,” said Head of BP BUMN and COO of Danantara Dony Oskaria in an official statement confirmed by ANTARA from Jakarta on Friday.
The 67 entities managed by Telkom consist of 58 subsidiaries and 9 minority investments. As part of the streamlining programme, 34 entities were cut.
Regarding Telkom’s transformation, Dony attended discussions with Telkom Indonesia’s leadership. The focus of the discussions included the implementation of the Strategic Holding Organization, acceleration of the streamlining programme, and strengthening the leadership pipeline to enhance governance, business synergy, and long-term value creation.
The transformation is part of efforts by BP BUMN and Danantara to push Telkom to become a more adaptive and globally competitive national digital company.
The simplification of the organisational structure is expected to accelerate decision-making, improve operational efficiency, and strengthen the company’s business focus.
With a simpler structure, strong leadership, and a more optimal business portfolio, Telkom is expected to accelerate innovation and strengthen its contribution to supporting Indonesia’s digital transformation.
As part of the transformation agenda, a number of priority programmes are also being accelerated, including the consolidation of the SOE FiberCo, development of Data Centres, TowerCo, and InfraCo, as well as the restructuring of Telkom Group licences to support the transformation towards a more adaptive and globally competitive digital strategic holding.
Through this transformation, BP BUMN and Danantara continue to push for stronger governance, asset optimisation, and consolidation of the national digital ecosystem so that SOEs become more agile, healthy, and capable of serving as the engine of Indonesia’s digital economy going forward.