Telkom Streamlines Subsidiaries Through Two Mergers, Accelerating Restructuring
Deli Serdang, North Sumatra (ANTARA) — PT Telkom Indonesia (Persero) Tbk (Telkom) is accelerating its streamlining efforts through two proposed mergers, which have been announced to the public in accordance with the Limited Liability Companies Law.
The two proposed mergers are PT Infrastruktur Telekomunikasi Indonesia (Telkominfra) into PT Telkom Akses, and PT Nusantara Sukses Investasi (NSI) into PT Graha Sarana Duta (GSD).
“Streamlining is a mandate from shareholders that we are carrying out responsibly. Every merger decision is subject to a thorough review, independent due diligence, and tiered approvals in accordance with the articles of association and applicable laws and regulations,” Telkom President Director Nanang Hendarno said in a statement received in Deli Serdang, North Sumatra, on Tuesday.
Nanang said the two mergers continue Telkom’s commitment to accelerating streamlining in line with shareholders’ aspirations, conveyed through PT Danantara Asset Management (Persero).
The move is also part of Telkom’s transformation from an operating holding company into a strategic holding company under its TLKM 30 strategic initiative.
Of TelkomGroup’s 68 subsidiaries, 50 are included in the streamlining programme. Telkom has so far completed restructuring for 28 entities.
With the two proposed mergers now entering the corporate-action stage, Telkom is continuing to restructure the remaining 22 entities, with completion targeted before the end of 2026.
The merger of Telkom Akses and Telkominfra will bring their entire portfolios together within a single entity.
“This will enable Telkom Akses to manage a broader range of digital infrastructure, from data centres and STOs to terrestrial and submarine backbone networks, access networks, as well as RAN and towers,” Nanang said.
The integration will allow customers—including mobile operators, internet service providers, other operators and hyperscalers—to obtain infrastructure services through a single partner.
The merger also creates opportunities to consolidate procurement and partner management, reduce duplicated functions and improve operational efficiency.
Meanwhile, the merger of NSI into GSD is part of efforts to simplify the ownership structure of TelkomGroup’s property portfolio.
Under the corporate action, NSI’s ownership of its subsidiaries will transfer directly to GSD, simplifying layers of entities that no longer add value and making asset management more efficient.
The move will also allow TelkomGroup to organise its property portfolio in a more integrated way.