Telkom accelerates subsidiary streamlining to sharpen focus on core businesses
TLK•PT Telkom Indonesia is reorganizing 50 TelkomGroup entities, with 24 completed by the first half of 2026 and work on the remaining 26 targeted for completion in 2026. The plan supports a 2030 valuation target above IDR 550 trillion; management said the first-half 2026 EBITDA margin returned above 50%.
1. Reorganization targets 50 entities
PT Telkom Indonesia launched an accelerated reorganization to streamline its subsidiary portfolio and focus on core businesses. The program targets 50 TelkomGroup entities: 24 were completed by the first half of 2026, and work on the remaining 26 is continuing with completion sought in 2026.
2. New structure and targets
The reorganization supports a shift toward a Strategic Holding structure, with operations reorganized into four segments: B2C, B2B Infrastructure and B2B ICT. Management aims to exit low-margin businesses to lift group profitability; the first-half 2026 EBITDA margin returned above 50%. The plan supports a 2030 valuation target above IDR 550 trillion, with execution including due diligence and governance controls.
