• Positive revenue growth driven by the Enterprise, Wholesale & International segments, including the telecommunication tower business.Total
• IndiHome residential (B2C) subscribers continued to grow, achieving double-digit growth of 10.4% YoY.
• Telkom continues to advance sustainable business practices through the implementation of ESG (Environmental, Social, and Governance) principles.

Jakarta, May 1, 2025 – Amid challenging economic conditions at the start of 2025, PT Telkom Indonesia (Persero) Tbk (Telkom) continues to implement solid corporate strategies focused on sustainable innovation and creating long-term value for stakeholders. In the first quarter of 2025, Telkom recorded consolidated revenue of IDR 36.6 trillion. Consolidated EBITDA was recorded at IDR 18.2 trillion, with an EBITDA margin of 49.8%. The company also recorded a net profit of IDR 5.8 trillion, with a net profit margin of 15.9%.

Telkom President Director Ririek Adriansyah stated, “TelkomGroup continues to demonstrate resilience in facing various dynamics, such as increasingly challenging economic conditions and weakening consumer purchasing power. Our focus on strengthening digital infrastructure and business, providing relevant solutions, and simplifying products to enhance customer experience remains key to maintaining sustainable growth. We are optimistic that these strategic steps will yield positive results, supporting long-term growth and the company’s sustainability.”

In the Consumer segment (Mobile and Fixed Broadband), Telkom’s subsidiary Telkomsel posted revenue of IDR 27.2 trillion. The Digital Business segment continued its robust performance, contributing 90.3% of total revenue in this segment. Furthermore, revenue from IndiHome residential (B2C) grew by 1.3% YoY. Positive results from the Fixed-Mobile Convergence (FMC) implementation were reflected in the increase of IndiHome residential (B2C) customers to 9.8 million, marking a double-digit growth of 10.4% YoY. Overall IndiHome B2C and B2B customers grew 7% YoY to reach 11 million subscribers, while total mobile subscribers reached 158.8 million. In the first quarter of 2025, Telkomsel also simplified its products to optimize the best customer experience, as well as drive increased market penetration and maintain its market leadership position in this segment.

Telkomsel continues to expand its network coverage while maintaining service quality. As of March 2025, the number of Base Transceiver Stations (BTS) will reach 278,100, including 227,454 4G BTS and 1,910 5G BTS. This infrastructure is prepared to ensure reliable capacity in meeting the growing demand for digital services in the future, as evidenced by a 19.8% YoY increase in data traffic (data payload), reaching 5,778,048 TB.

Furthermore, the Enterprise segment posted positive performance with revenue of IDR 5.0 trillion, a 2.9% increase YoY. This growth was driven by Indibiz, satellite services, and digital payment businesses. The largest contributors to this segment were connectivity services (Enterprise Connectivity) and Digital IT Services.

In the Wholesale and International segment, the company booked revenue of IDR 4.8 trillion, up 0.6% YoY, driven by digital infrastructure services and growth in international wholesale voice business (International Wholesale Voice).

In the telecommunication tower business, Telkom’s subsidiary Mitratel recorded revenue of IDR 2.3 trillion, growing 1.4% YoY. Because of effective cost management Mitratel successfully posted EBITDA of IDR 1.9 trillion and net income of IDR 526 billion, with stable EBITDA and net profit margins of 83.0% and 23.3%, respectively.

Tower leasing remains the main revenue driver, contributing 82% to Mitratel’s total revenue. This is reflected in the continuous increase of tenants, reaching 60,259 tenants. To enhance its capabilities, Mitratel added 189 new towers in the first quarter of 2025, bringing total tower ownership to 39,593 units. For efforts to strengthen its business portfolio, Mitratel also expanded its fiber optic network organically by 2,505 km, increasing the total fiber length to 53,544 km.

Furthermore, for the Data Center and Cloud business, Telkom recorded revenue of IDR 446 billion. In the first quarter of 2025, Telkom operated 35 data centers with a total capacity of 38 MW to serve the enterprise and hyperscale segments domestically and internationally. Additionally, Telkom manages 2,420 racks for edge data centers across Indonesia.

As part of its strategy to establish an integrated digital ecosystem hub, Telkom continues to explore strategic collaboration opportunities to expand the scale and capabilities of its data center business. This initiative reflects TelkomGroup’s strong commitment to building a sustainable data center ecosystem.

The implementation of Infraco, under the 5 Bold Moves initiative, through the establishment of PT Telkom Infrastruktur Indonesia (TIF), continues to make steady progress in the transition to the operational and commercial phases. In the first quarter of 2025, Telkom completed comprehensive field inspections and technical assessments of key network assets as part of the planned separation of the wholesale fiber connectivity business and its supporting infrastructure. This step ensures asset optimization and compliance with governance and regulatory standards. TIF's product portfolio includes Wholesale Fiber Connectivity services and Managed Services, both MSA and Professional Managed Services.

By continuously refining business processes, strengthening solutions, and driving continuous innovation, TIF has successfully built a strong business foundation amidst industry dynamics. In the first quarter of 2025, TIF managed Telkom's end-to-end network to enhance the TelkomGroup customer experience. This is reflected in the achievement of SLAs through business process simplification, operational efficiency, and improved asset management. Additionally, TIF has also begun to drive external revenue from the wholesale market segment.

During the first three months of 2025, TelkomGroup realized capital expenditure (CapEx) of IDR 5 trillion, equivalent to 13.5% of the company's total revenue. More than 50% of this capital expenditure was allocated to digital connectivity expansion, such as the development of fiber optic networks, telecommunications towers, satellites, and submarine cables. This step further emphasizes the company's commitment to providing high-speed internet services and equitable digital access throughout Indonesia.

The implementation of ESG (Environmental, Social, and Governance) principles is a key focus for the company to achieve sustainable, transparent, and responsible business practices. As part of its commitment to Net Zero Emissions by 2060, Telkom conducted an independent verification of its Scope 1 and 2 Greenhouse Gas (GHG) emissions for 2023–2024, following the ISO 14064-1:2018 standard. This initiative aims to increase trust and credibility regarding the accuracy of emissions data, which serves as the basis for formulating decarbonization strategies, and also preparing for compliance with IFRS S2 standards. The results indicated that Telkom's GHG emissions data was declared "unmodified," indicating no significant findings.