Indonesia’s Telkom to Combine Mobile, Broadband Businesses (1)

PT Telkom Indonesia is planning to combine its broadband and wireless businesses as part of an overhaul of the sprawling state-owned telecommunications company, a senior executive said on Thursday.

The mobile business, known as Telkomsel and owned 35% by Singtel, counted 176 million subscribers in 2021, making it the largest cell provider in Indonesia, according to its latest annual report. The fixed broadband service had 8.6 million subscribers through its IndiHome brand and held a market share of around 80%.

Read More: Telkom Indonesia Readies Tower Shopping Spree to Win Price War

The Jakarta-based group is speaking with financial advisers ...