Investor Presentaiton
Performance Highlights
Telkom
Indonesia
the world in your hand
During the first half of 2023, Telkom recorded positive growth of 2.1% YoY to
Rp73.5 trillion in Revenue supported by the growth of Data, Internet & IT
Services of 6.1% YoY to Rp41.6 trillion, IndiHome of 4.0% YoY to Rp14.4 trillion, and
Interconnection of 5.7% YoY to Rp4.5 trillion.
Telkomsel's Digital Business kept growing healthily with 9.4% YoY growth in
data traffic and its contribution reached 85.6% of total Telkomsel's revenue as
compared to last year's contribution of 80.5%. Telkomsel's subscribers in 2Q23
reached 153.3 million, increased from 151.1 million in 1Q23 with the growing
ARPU to Rp49.7 thousand from Rp45.3 thousand in the previous quarter.
EBITDA declined by 2.7% YoY as the impact of
increasing cost from additional spectrum
acquisition to secure capacity and quality of
our network in long-term period.
Telkom and Telkomsel signed deed of spin-off to integrate IndiHome to
Telkomsel (FMC) on June 27, 2023 and legally IndiHome has been under the
management of Telkomsel on July 1, 2023. By having FMC is expected to increase
revenue from potential commercial synergies and will also help Telkom Group to be
more efficient in operational expenses and capital expenditures. Therefore, Telkom
could concentrate on B2B business while Telkomsel will defend its dominancy
in B2C Telco business.
IndiHome continued to become our engine of
growth supported by 9.5 million total subscribers
or grew 7.2% YoY and increasing add-ons revenue.
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