PERUSAHAAN PERSEROAN PERSERO PT TELEKOMUNIKASI INDONESIA TBK, more commonly known as Telkom Indonesia or TLK, is one of the largest telecommunications companies in Indonesia. Founded in 1856, TLK has a rich history in communications, beginning as a telegraph service under the Dutch East India Company. The company became a state-owned enterprise in 1991 and has since grown into a multi-faceted corporation providing a broad range of products and services.
TLK offers a variety of telecommunications services in Indonesia and beyond. These include fixed-line and mobile telephony, broadband internet, data communications, digital television, and network and interconnection services. The company operates several brands under its umbrella, including Telkomsel, Telkom Metra, Telkom Infra and Telkom Sigma, each focused on a different aspect of telecommunications.
In recent years, the company has made significant strides to transform itself into a digital powerhouse. This digital shift aligns with the ever-increasing trend of digitalization taking place worldwide. TLK is constantly updating its technology and offerings to meet the growing demands of its consumer base, aiming to provide high-speed, reliable and stable connections. It's also investing at scale in advanced technologies such as 5G to provide cutting-edge telecommunication services to its customers.
Aside from being a major player in Indonesia's telecommunications industry, TLK is also a role model for corporate transparency in the country. The company is committed to a high standard of corporate governance, which it believes is essential for maintaining trust with its investors, customers, and employees. TLK is also highly active in community outreach, with programs focused on education, environment, digital literacy, and health.
In the stock market, TLK is traded under the ticker symbol TLK on the New York Stock Exchange and under TKG on the Indonesia Stock Exchange. The company has been recognized internationally for its growth and operational excellence. It has won multiple awards, among them the “World’s Most Improved Telecommunications Service Provider” from Frost & Sullivan and “Indonesia’s Most Admired Company” from Warta Ekonomi.
As we move into a more digital and interconnected world, TLK will continue to evolve and adapt. The company's forward-thinking approach, combined with its strong ethical framework, will undoubtedly lead to more success and broader horizons in the future. TLK remains at the forefront of Indonesia’s telecommunications industry, providing essential services and driving growth in a rapidly evolving digital landscape.
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The Jakarta Composite Index (IHSG) fell 1.22% to 5,373.09 on Monday, October 26, 2026, despite a 4.9% gain the previous week. Foreign investors recorded a net sell of Rp1.85 trillion across all markets, with PT Bank Mandiri (Persero) Tbk. (BMRI) and PT Telkom Indonesia (Persero) Tbk. (TLKM) being among the most heavily sold stocks. This significant foreign sell-off pressured the IHSG's movement.
PT Telkom Akses (Telkom Akses) is actively supporting government efforts to reorganize telecommunications infrastructure by moving overhead cables underground, particularly in Bandung. This initiative, part of the Bandung Bebas Kabel Udara program, aims to create a more organized and safer urban environment while ensuring continuous connectivity. As of October 2026, Telkom Akses has completed work on 54 out of 81 designated road sections in Bandung, deploying around 200 technicians to maintain service for over 10,000 customers during the transition.
PT Telkom Indonesia (Persero) Tbk (Telkom) held its Connect.in-Spirasi: Yogyakarta Chapter 2026 event at Sekolah Rakyat Terpadu Kulon Progo, collaborating with the Ministry of Social Affairs. The event, which took place from October 22-23, 2026, aimed to strengthen teaching competencies, provide interactive learning, and offer educational support to 59 teachers and 537 students, fostering digital literacy and inclusive education. Telkom's initiative, including programs like Training of Trainers, Telkom Mengajar, and Telkom Peduli, aligns with the goal of enhancing human resource quality through digital technology and cross-sector collaboration.
PT Telkom Indonesia (Persero) Tbk (TLK) shares have fallen significantly, leading to its current valuation being 35.9% below its GF Value™, indicating it is undervalued. The stock holds an above-average GF Score™ of 72/100, driven by strong profitability and valuation, despite weak momentum. While some institutional investors are increasing their stakes, a lack of insider transactions and recent price volatility suggest a cautious approach for potential investors.
Telkom Indonesia (TLK) has scheduled an Extraordinary General Meeting of Shareholders (EGMS) for September 30, 2026, to approve the second phase of a fiber connectivity business spin-off and management changes. The spin-off aims to consolidate fiber assets into a subsidiary, PT Telkom Infrastruktur Indonesia, to enhance efficiency and value. TipRanks' AI Analyst, Spark, rates TLK as "Outperform" due to solid fundamentals despite some margin compression, with supportive valuation and a high dividend yield.
PT Telkom Indonesia (Persero) Tbk (TLKM) reported a net profit of IDR 10.6 trillion in H1 2026, a 1.4% increase year-on-year, driven by its mobile and digital infrastructure businesses. The company's consolidated revenue grew 3.9% to IDR 75.9 trillion, with EBITDA up 3.8% to IDR 37.5 trillion. TLKM also announced plans to complete the second phase of the Infranexia transaction and evaluate a strategic partnership for its data centre business by year-end.
Telin announced four strategic collaborations at BATIC 2026 to enhance global connectivity and digital infrastructure. These partnerships include expanding network capacity with PEACE Cable, adopting open digital architecture with TM Forum, integrating data centers with SM+, and exploring fiber pair capacity with GTI. These efforts aim to boost Telin's international business growth and deliver more value to customers by connecting various technologies and platforms.