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View all search resultsThe telco giant booked an 11.5 percent growth in net profit to Rp 20.80 trillion (US$1.43 billion) last year, driven in part by new subscribers to its internet service provider and cellular operator subsidiaries IndiHome and Telkomsel.
Tiko said on Wednesday that the corporate actions included integrating state-owned micro financing firm PT Permodalan Nasional Madani (PNM) and state-owned pawnshop PT Pegadaian with state-owned Bank Rakyat Indonesia (BRI).
With people and businesses, even governments, turning increasingly to the internet for day-to-day interactions and activities, the telecommunications industry is one of the few looking to come out on top from the health crisis.
State-owned telecommunication giant PT Telekomunikasi Indonesia (Telkom) is bolstering its data center business and plans to strengthen its tower enterprise against the backdrop of dwindling revenue from its legacy businesses.
As the biggest archipelagic country in the world, a connection between islands is essential for the country’s development. The telecommunications sector in the country has enjoyed massive progress, despite the challenges in access, inclusivity and high costs.
Since it entered the country four years ago, Neflix has experienced a changing regulatory and political landscape, from the bumpy beginning of a state-owned enterprise access ban to a million-dollar deal with a ministry more recently. #indonesia75
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