Hussaini Saifee's questions to PERUSAHAAN PERSEROAN PERSERO PT TELEKOMUNIKASI INDONESIA TBK (TLK) leadership • Q2 2022
Question
Hussaini Saifee from UBS inquired about the growth outlook for Telkomsel's mobile business following industry price increases, asking if it could accelerate to mid-single digits. He also requested an update on data center revenue growth, the timeline for a data center IPO, and whether the full-year IndiHome net adds target was still achievable.
Answer
Marketing Director Derrick Heng outlined Telkomsel's strategy to defend market share and focus on high-value customers, without providing a specific growth forecast. Finance and Risk Management Director Heri Supriadi reported data center growth at 4.5% YoY, noting that new hyperscale capacity would drive growth in H2. He added that an IPO or strategic investor would be considered once the business reaches scale and confirmed the company still targets 600,000 to 700,000 new IndiHome subscribers for the full year.