TLK on NYSE

Telkom Indonesia

Logo: telkom.co.id4

Indonesian telecommunications company

PT Telekomunikasi Indonesia (Persero) Tbk (lit. 'Telecommunications Indonesia State-owned Public Limited Company') officially shortened into PT Telkom Indonesia (Persero) Tbk, also simply known as Telkom, is an Indonesian multinational telecommunications conglomerate with its corporate headquarters in Bandung and its operational headquarters in the Telkom Landmark Complex in Jakarta. Telkom is listed on the Indonesia Stock Exchange and has a secondary listing on the New York Stock Exchange—the only Indonesian company, currently listed there (but not the first—the first was Indosat, which delis3 From Wikipedia, CC BY-SA 4.0

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Last updated Oct 16, 2026.

Overview

$1.9BNet income, fiscal 20245
1884Founded1

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  • TickerTLK on NYSE1
  • Industryinfrastructure industry, telecommunications industry1
  • HeadquartersBandung1
  • Founded inJakarta1
  • Websitewww.telkom.co.id/sites
  • Listed onLondon Stock Exchange, Indonesia Stock Exchange (TLKM), New York Stock Exchange (TLK)1
  • Business addressJl. Japati 1, Bandung, K8 401336
  • Filer categoryLarge accelerated filer6
Telkom Indonesia 2013
Photo: Telkom Indonesia, PD, via Wikipedia7

PT Telekomunikasi Indonesia (Persero) Tbk (lit. 'Telecommunications Indonesia State-owned Public Limited Company') officially shortened into PT Telkom Indonesia (Persero) Tbk, also simply known as Telkom, is an Indonesian multinational telecommunications conglomerate with its corporate headquarters in Bandung and its operational headquarters in the Telkom Landmark Complex in Jakarta. Telkom is listed on the Indonesia Stock Exchange and has a secondary listing on the New York Stock Exchange—the only Indonesian company, currently listed there (but not the first—the first was Indosat, which delisted from the exchange in 2013). The government of Indonesia owns over half of the Telkom's outstanding shares.3

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2024

18.9%Return on equity5
$2.2BFree cash flow5

Financial statements

Operating income8910111213145$2.7B in 2024−17% since 2017
0$1.0B$2.0B$3.0B$4.0B2017: $3.2B$3.2B20172018: $2.7B$2.7B2018−17%2019: $3.2B$3.2B2019+18%2020: $3.1B$3.1B2020−1%2021: $3.3B$3.3B2021+7%2022: $2.6B$2.6B2022−24%2023: $2.9B$2.9B2023+13%2024: $2.7B$2.7B2024−8%
Net income8910111213145$1.9B in 2024−21% since 2017
0$1.0B$2.0B$3.0B2017: $2.4B$2.4B20172018: $1.9B$1.9B2018−23%2019: $2.0B$2.0B2019+8%2020: $2.1B$2.1B2020+6%2021: $2.4B$2.4B2021+13%2022: $1.8B$1.8B2022−26%2023: $2.1B$2.1B2023+17%2024: $1.9B$1.9B2024−8%

Every line of the income statement in the latest annual report, as filed.15

Period ending2025-12-312024-12-312023-12-31
REVENUES146.7T IDR150.0T IDR149.2T IDR
Operation, maintenance, and telecommunication service expenses-41.2T IDR-41.2T IDR-39.7T IDR
Depreciation and amortization expenses-37.7T IDR-34.1T IDR-34.3T IDR
Personnel expenses-16.4T IDR-16.8T IDR-15.9T IDR
Interconnection expenses-7.0T IDR-6.9T IDR-6.4T IDR
General and administrative expenses-6.6T IDR-6.2T IDR-6.1T IDR
Marketing expenses-3.3T IDR-3.8T IDR-3.5T IDR
Unrealized gain (loss) on changes in fair value of investments-242.0B IDR188.0B IDR-748.0B IDR
Gain (loss) on foreign exchange - net180.0B IDR136.0B IDR-36.0B IDR
Other income (expense) - net-468.0B IDR252.0B IDR259.0B IDR
OPERATING PROFIT34.1T IDR41.5T IDR42.8T IDR
Finance income-net1.7T IDR1.4T IDR1.1T IDR
Finance cost-5.2T IDR-5.2T IDR-4.7T IDR
Share of profit (loss) of long-term investment in associates-1.0B IDR3.0B IDR1.0B IDR
PROFIT BEFORE INCOME TAX30.5T IDR37.6T IDR39.2T IDR
Current-7.6T IDR-7.6T IDR-8.8T IDR
Deferred1.1T IDR-506.0B IDR331.0B IDR
INCOME TAX (EXPENSE) BENEFIT-6.5T IDR-8.1T IDR-8.5T IDR
PROFIT FOR THE YEAR24.0T IDR29.5T IDR30.7T IDR
Foreign currency translation360.0B IDR258.0B IDR-66.0B IDR
Changes in fair value of investments1.0B IDR1.0B IDR2.0B IDR
Share of other comprehensive income (loss) of long-term investment in associates1.0B IDR1.0B IDR-1.0B IDR
Defined benefit actuarial gain (loss) - net-236.0B IDR635.0B IDR-1.4T IDR
Other comprehensive income (loss) - net126.0B IDR895.0B IDR-1.5T IDR
TOTAL COMPREHENSIVE INCOME FOR THE YEAR24.1T IDR30.4T IDR29.2T IDR
Owners of the parent company17.5T IDR22.4T IDR23.1T IDR
Non-controlling interests6.5T IDR7.1T IDR7.6T IDR
Owners of the parent company17.6T IDR23.1T IDR21.6T IDR
Non-controlling interests6.5T IDR7.2T IDR7.7T IDR
Profit per share - (Basic)176.52 IDR225.77 IDR232.71 IDR
Profit per share - (Diluted)176.52 IDR225.77 IDR232.71 IDR

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How it started

History

Telkom is one of the oldest telecommunication companies in the world, with its history dating back to the colonial period. The company's history started on 23 October 1856, when the colonial government established an electromagnetic telegraph service connecting Batavia (Jakarta) and Buitenzorg (Bogor).

The telegraph service continued to grow, and in 1884, the colonial government established a private company in Bandung to provide postal and domestic telegraph services, which were later upgraded to international telegraph and telephone services.

Early years

Telephony services to the colony were introduced in 1882, initially under the management of private companies with government licenses. Then, to centralize things, the Dutch government consolidated all postal and telegraph services in 1906 into a single state agency: the Post, Telegraph and Telephone Service (Dutch: Post-, Telegraaf-, en Telefoondienst, PTT).

The turmoil of World War II profoundly affected the development of this government institution. Following the Nazi occupation of the Netherlands in May 1940, the government-in-exile decided to assert direct state control over all Dutch property, including PTT assets in the colonies, to prevent them from falling into German hands. This was, however, temporary, as Japan occupied the Dutch East Indies between 1942 and 1945 and took over all communication networks.

From Wikipedia’s article on Telkom Indonesia, shared under CC BY-SA 4.0.3

Leadership

Who has led Telkom Indonesia, and when. Pick a name to see everywhere that person has worked.

Chief executive

  1. Alex Sinaga2014–now
197019801990200020102020

Subsidiaries and ownership

Parent company

  • Daya Anagata Nusantara Investment Management Agency

Owners

  • Government of Indonesia 51.2%

Subsidiaries

  • Telkomsat
  • Telkomsel

Also owns

  • Ruangguru 18.7%

From Wikidata.1

Former names

  • TELECOMMUNICATIONS INDONESIAJan 29, 2002 to Feb 15, 20026

Timeline

  1. 2014New chief executive Alex Sinaga becomes CEO1
  2. Nov 14, 1995Went public Listed on NYSE1
  3. Nov 14, 1995Went public Listed on Indonesia Stock Exchange1
  4. 1884Founded Founded in Jakarta1

Recent filings

  1. Oct 2, 20266-K
  2. Oct 2, 20266-K
  3. Oct 2, 20266-K
  4. Oct 1, 20266-K
  5. Oct 1, 20266-K
  6. Sep 18, 20266-K
  7. Sep 8, 20266-K
  8. Aug 7, 20266-K
  9. Aug 7, 20266-K
  10. Aug 7, 20266-K
  11. Aug 7, 20263 PRIMARY DOCUMENT
  12. Jul 31, 20266-K
  13. Jul 15, 20263 PRIMARY DOCUMENT
  14. Jul 1, 20266-K
  15. Jun 25, 20266-K

Every filing from the last three years, summarized. The full record is on SEC EDGAR.2