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Telkom Indonesia Reveals Merger Plans after IndiHome Integration into Telkomsel

Jakarta

President Director of PT Telekomunikasi Indonesia (Persero) Tbk Ririek Adriansyah revealed that there would be a merger after the integration of IndiHome into Telkomsel. However, this corporate action will not be as big as Fixed Mobile Convergence (FMC) resulting from the merger of Indihome and Telkomsel.

“There are, maybe in subsidiaries, but not as big as FMC,” he said when met at the BUMN Ministry Office, Thursday (26/10/2023).

Although he did not mention the business unit, according to Ririek, the business unit has the same portfolio. Currently this plan is still in process.

“For example, if there is a subsidiary, it is better because it has the same portfolio as another, we will merge it. It is still in process, but not as big as FMC,” he continued.

Ririek wants Telkom’s subsidiaries to be more efficient, effective and healthy. “Yes, that is part of our streamlining and that our subsidiaries are more efficient, effective and healthy,” he explained.

When it was confirmed whether Telkom would make an acquisition, Ririek did not have a target in the near future. Although Telkom opens up opportunities to do that.

For your information, IndiHome Services has been separated from the management of PT Telkom Indonesia and has merged with PT Telekomunikasi Seluler (Telkomsel) as of July 1 2023. Head of BUMN and BUMD Synergy Division of the Central Executive Board of the Indonesian Young Entrepreneurs Association (BPP HIPMI) Mufti Anam considers this to be a problem. the positive.

According to Mufti, this step is the right decision and makes Telkom Group operational efficiency as well as making Telkomsel the largest revenue contributor to the Telkom Group.

“I see this is the right decision from the Telkom Group. Because the integration of IndiHome and Telkomsel can encourage operational cost efficiency within the Telkom Group. Interestingly, it is not only the company that benefits from this decision, but loyal IndiHome consumers can also feel the positive impact,” said Mufti in his statement (5/7/2023).

(ily/hns)

2023-10-26 13:51:00
#merger #IndiHome #Telkomsel #heres #leak

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