Telkom Streamlines Subsidiaries Through Two Simultaneous Mergers, Accelerating TLKM’s Restructuring

PT Telkom Indonesia (Persero) Tbk (Telkom) is continuing its TelkomGroup subsidiary streamlining programme through two proposed mergers: PT Infrastruktur Telekomunikasi Indonesia (Telkominfra) into PT Telkom Akses, and PT Nusantara Sukses Investasi (NSI) into PT Graha Sarana Duta (GSD). Summaries of the merger plans for both corporate actions have been announced to the public in accordance with the provisions of the Company Law.

The mergers follow Telkom’s commitment to accelerate streamlining in line with shareholder aspirations through PT Danantara Asset Management (Persero). They are also part of Telkom’s transformation from an operating holding company into a strategic holding company under the TLKM 30 strategic initiative. Of TelkomGroup’s 68 subsidiaries, 50 have been identified for the streamlining programme.

Telkom has so far completed the restructuring of 28 entities. With the two proposed mergers now entering the corporate action stage, it is continuing to reorganise the remaining 22 entities, with completion targeted before the end of 2026.

Telkom President Director Nanang Hendarno said the accelerated streamlining was being carried out in accordance with the principles of good corporate governance.

“Streamlining is a shareholder mandate that we are carrying out responsibly. Every merger decision is subject to a comprehensive review, due diligence by an independent party, and successive approvals in accordance with the articles of association and applicable laws and regulations. We want to ensure that every step in restructuring the portfolio is accountable and delivers measurable added value for TelkomGroup, shareholders and all stakeholders,” Nanang said on Tuesday (10 November 2026).

Telkom Akses to become an integrated infrastructure management entity

Telkom Akses and Telkominfra have complementary business portfolios. Telkom Akses focuses on managing fibre networks, including fibre access and fibre backbone. Telkominfra, meanwhile, manages non-fibre infrastructure, ranging from core networks and service nodes to power solutions, submarine cable communication systems (SKKL), base transceiver stations (BTS), IP radio and towers. Both companies also have capabilities covering infrastructure planning, construction, operations and maintenance.

Under the merger, these portfolios will be integrated into a single entity, enabling Telkom Akses to manage a broader range of digital infrastructure, from data centres and STOs to terrestrial and submarine backbones, access networks, radio access networks (RAN) and towers. This integration will allow customers such as mobile operators, internet service providers, other operators and hyperscalers to access infrastructure services through a single partner.

The merger is also expected to create opportunities to consolidate procurement and partner management, reduce duplication of functions and improve operational efficiency. TelkomGroup said the changes would strengthen its ability to support Indonesia’s connectivity needs and digital transformation.