Research analysts who have asked questions during PERUSAHAAN PERSEROAN PERSERO PT TELEKOMUNIKASI INDONESIA TBK earnings calls.
Recent press releases and 8-K filings for TLK.
PT Telekomunikasi Indonesia Tbk Signs Decree for Fiber Connectivity Business Separation
TLK
M&A
New Projects/Investments
- On December 18, 2025, PT Telkom Indonesia (Persero) Tbk (Telkom) signed a decree for the separation of part of its Wholesale Fiber Connectivity Business and Assets into PT Telkom Infrastruktur Indonesia (TIF).
- This action represents Phase 1 of a broader plan to transfer the entire Wholesale Fiber Connectivity Business and Assets to TIF.
- The separation was approved by Telkom's Extraordinary General Meeting of Shareholders on December 12, 2025.
- Following the completion of this process, Telkom's effective ownership in TIF is projected to increase from 99.999995% to 99.9999997%, with the capital increase expected to take effect on January 1, 2026.
Dec 18, 2025, 12:47 PM
TLK Shareholders Approve Partial Spin-Off, Management Changes, and Government Data Center Assignment
TLK
M&A
Management Change
New Projects/Investments
- Shareholders approved a partial spin-off of the wholesale fiber connectivity business and assets (Phase-1) to PT Telkom Infrastruktur Indonesia (TIF), a 99.99% owned subsidiary, with 99.96% of votes in favor.
- The company received approval to accept a special assignment from the Central Government to provide Temporary National Data Center (PDNS) services, aimed at ensuring the continuity of government digital services.
- Management changes were approved, including the dismissal of Mr. Honesti Basyir as Director of Wholesale & International Service and Mr. Yohanes Surya as Independent Commissioner, and the appointment of Mr. Budi Satria Dharma Purba to Director of Wholesale & International Service and Ms. Rofikoh Rokhim as Independent Commissioner.
Dec 16, 2025, 3:43 PM
PT Telekomunikasi Indonesia Tbk announces share buyback related to fiber connectivity business spin-off
TLK
Share Buyback
M&A
- PT Telekomunikasi Indonesia Tbk (TLK) announced a plan to buy back shares to comply with Article 62 of the Company Law.
- This buyback is in connection with the partial separation of its Wholesale Fiber Connectivity Business and Assets to its subsidiary, PT Telkom Infrastruktur Indonesia (TIF), which was approved at an Extraordinary General Meeting of Shareholders (EGMS) on December 12, 2025.
- The company will purchase shares from eligible shareholders who voted against the spin-off at a price of Rp3,090 per share.
- Shareholders wishing to sell their shares must submit a Statement of Sale of Shares Form by December 16, 2025, at 17:00.
Dec 15, 2025, 1:56 PM
TLK Announces Partial Spin-Off of Wholesale Fiber Connectivity Business
TLK
M&A
New Projects/Investments
- Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk (TLK) is undertaking a partial spin-off of its Wholesale Fiber Connectivity Business and Assets to its controlled subsidiary, PT Telkom Infrastruktur Indonesia (TIF).
- The value of the Wholesale Fiber Connectivity Business and Assets to be transferred is Rp35,787,258,000,000 (thirty-five trillion seven hundred eighty-seven billion two hundred fifty-eight million Rupiah). This transaction is classified as a Material Transaction as its value exceeds 20% of the Company's equity based on the audited Financial Statement as of 31 December 2024.
- The spin-off aims to strengthen business fundamentals, increase efficiency, optimize assets, and unlock value for the Telkom Group, with TLK's ownership in TIF increasing to 99.9999997% after the transaction.
- A General Meeting of Shareholders is scheduled for 12 December 2025 to obtain shareholder approval for the spin-off plan.
Dec 11, 2025, 1:15 PM
TLK Announces Spin-Off of Wholesale Fiber Connectivity Business to Subsidiary TIF
TLK
M&A
New Projects/Investments
- TLK plans to spin off its Wholesale Fiber Connectivity Business and Assets to its subsidiary, PT Telkom Infrastruktur Indonesia (TIF).
- The transaction involves transferring assets valued at Rp35,787,258,000,000, which constitutes 22.02% of TLK's equity as of December 31, 2024.
- In exchange, TIF will issue 357,872,580 new shares to TLK, increasing TLK's ownership in TIF to 99.9999997% post-spin-off.
- This strategic move is intended to enhance business focus, create a sustainable model, and unlock value for the Telkom Group, mirroring global industry trends.
Dec 10, 2025, 6:32 PM
PERUSAHAAN PERSEROAN PERSERO PT TELEKOMUNIKASI INDONESIA TBK Announces Partial Spin-Off of Wholesale Fiber Connectivity Business
TLK
M&A
New Projects/Investments
- PERUSAHAAN PERSEROAN PERSERO PT TELEKOMUNIKASI INDONESIA TBK (Telkom) is undertaking a partial spin-off of its Wholesale Fiber Connectivity Business and Assets to its subsidiary, PT Telkom Infrastruktur Indonesia (TIF).
- The spun-off assets are valued at Rp35,787,258,000,000 (thirty-five trillion seven hundred eighty-seven billion two hundred fifty-eight million Rupiah), representing 22.02% of Telkom's equity based on its audited Financial Statements as of December 31, 2024.
- This strategic move aims to enable more focused business development, increase efficiency, and optimize fiber optic network assets, with Telkom's ownership in TIF increasing to 99.9999997% post-transaction.
- Shareholder approval for the spin-off is scheduled for a General Meeting of Shareholders (GMS) on December 12, 2025, with Phase 1 targeted for completion in December 2025.
Dec 1, 2025, 1:24 PM
PT Telekomunikasi Indonesia Tbk. Reports Q3 2025 Financial Results and Announces Strategic Spin-Off
TLK
Earnings
Debt Issuance
M&A
- For the nine months ended September 30, 2025, PT Telekomunikasi Indonesia Tbk. (TLK) reported revenues of 109,617 billion Rupiah, a decrease from 112,219 billion Rupiah in the same period of 2024.
- The company's profit for the period was 20,595 billion Rupiah, down from 23,021 billion Rupiah for the nine months ended September 30, 2024.
- Basic earnings per share (profit per share) decreased to 159.33 Rupiah for the nine months ended September 30, 2025, compared to 178.42 Rupiah in the prior year period.
- As of September 30, 2025, total assets stood at 291,897 billion Rupiah, with total liabilities at 136,885 billion Rupiah.
- Subsequent to the reporting period, Telkomsel secured long-term bank loans totaling 4,000 billion Rupiah in October 2025, and the company signed a Conditional Spin-Off Agreement on October 20, 2025, for its Wholesale Fiber Connectivity business and assets, valued at 35,787 billion Rupiah.
Oct 30, 2025, 2:12 PM
Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk Announces Spin-Off of Wholesale Fiber Connectivity Business
TLK
M&A
New Projects/Investments
- Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk (TLK) announced a spin-off of its Wholesale Fiber Connectivity Business and Assets to its subsidiary, PT Telkom Infrastruktur Indonesia (TIF). This partial spin-off aims to enable more focused business development, increase efficiency, and optimize fiber optic network assets.
- The agreed valuation for the Wholesale Fiber Connectivity Business and Assets to be transferred is Rp35,787,258,000,000. This value represents 22.02% of TLK's equity as of December 31, 2024.
- As consideration, TIF will issue 357,872,580 new shares to TLK, increasing TLK's ownership in TIF to 99.9999997%.
- A General Meeting of Shareholders (GMS) to approve the spin-off plan is scheduled for December 12, 2025.
- Pro forma income statements for TLK indicate no change in Business Profit, Profit Before Tax, Income Tax, Net Profit After Tax, Other Comprehensive Income, or Total Profit and Comprehensive Income after the spin-off.
Oct 21, 2025, 11:02 AM
Quarterly earnings call transcripts for PERUSAHAAN PERSEROAN PERSERO PT TELEKOMUNIKASI INDONESIA TBK.
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