Jakarta, domclub Indonesia
—
Telkom hopes that PT Telkom Infrastruktur Indonesia (TIF) or Infranexia, which manages the fiber optic business and assets, can catch up with Telkomsel’s income, which is now the backbone of this state-owned company.
“So if we look now, Telkomsel is indeed the biggest contribution in the group. Our target is that by 2030 the proportion will be less than Telkomsel. That doesn’t mean
number
absolutely
Telkomsel was downgraded, yes, but
absolute number
“It remains high,” said Director of Strategic Business Development & Portfolio Seno Soemadji at a press conference at Telkom Landmark Tower, Jakarta, Thursday (18/12).
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“However, we will build several new revenue growth engines, one of which is from Infra co, data center, including B2B ICT co,” he added.
Seno explained that currently Telkom has 4 company clusters, namely Business to Consumer (B2C);Business to Business (B2B) infrastructure which includes companies that manage data centers, towers, satellites, as well as Infranexia which manages fiber optics;Business to Business (B2B) Information and Communication Technology (ICT) which provides an integrated digital ecosystem that includes Connectivity+ services, Internet of Things (IoT), Cybersecurity, to Artificial Intelligence (AI);and Telkom International.
The infrastructure business cluster itself is expected to catch up with Telkomsel, which is currently the main contributor to the company’s revenue.
For information, Telkom recorded revenue for the third quarter of 2025 of IDR 109.6 trillion, with a contribution from Telkomsel reaching IDR 81.3 trillion, including from the Indihome business of IDR 19.7 trillion.
Furthermore, Infranexia itself is currently operational, but its legal day 1 will not be until January 1 2026.
On this occasion, Telkom President Director Dian Siswarini said that the separation of assets or spin off to Infranexia was because his party saw that managing network infrastructure, especially fiber optics, required a special focus, required special governance and also a more dedicated business model in order to be able to produce maximum value or create optimal value in monetizing and opening up wider strategic partnership space.
“Therefore, Infranexia is presented as a Telkom Group entity that specifically consolidates, manages and collects business
wholesale fiber connectivity
,” he said.
One of Infranexia’s objectives, said Dian, is to provide connectivity services to customers more widely so that the telecommunications industry can develop more and also be more efficient.
Currently, the separation of some of these assets has only entered phase 1, with phase 2 expected to be carried out in the semester of 2026.
In the first stage, the assets separated were around 50 percent of Telkom’s total fiber optic assets with an asset book value of around IDR 35 trillion.
Currently, the main income from Telkom’s fiber optic business is still obtained from Telkomsel, with a contribution of around 90 percent.Dian said that in the future this contribution is expected to change with additions from other than Telkomsel.
“It is hoped that in the future this composition can change so that business from outside Telkomsel, from outside Telkomsel can develop more significantly,” he said.
(lom/dmi)
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