Telkom Surges in Q1 with $360 Million Profit—Here’s How It’s Doubling Down on Digital Infrastructure
Main Takeaways
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JAKARTA, investortrust.id — PT Telkom Indonesia Tbk, the country’s largest state-owned telecommunications group, has posted a consolidated profit of Rp 5.8 trillion, or approximately $360 million, for the first quarter of 2025, backed by steady growth in its digital infrastructure and consumer business lines. The company generated revenue of Rp 36.6 trillion during the quarter, with a net profit margin of 15.9%.
Telkom, traded under the ticker TLKM, also reported earnings before interest, taxes, depreciation, and amortization (EBITDA) of Rp 18.2 trillion, with an EBITDA margin of 49.8%. The results highlight the group’s operational resilience amid declining consumer purchasing power and broader economic uncertainties.
“TelkomGroup continues to demonstrate resilience in navigating various market dynamics, including economic headwinds and weakened consumer demand,” said President Director Ririek Adriansyah in a statement released on Friday, May 2, 2025.
The consumer segment—powered by mobile and fixed broadband services through Telkomsel—remained the group’s largest contributor, generating Rp 27.2 trillion in revenue. IndiHome’s business-to-consumer division saw revenue increase 1.3% year-on-year, while its subscriber base expanded 10.4% to 9.8 million users.
Telkomsel, the group's mobile arm, now serves 158.8 million subscribers and operates 278,100 base transceiver stations (BTS), including 1,910 5G BTS. Data traffic surged 19.8% year-on-year, reaching 5.8 million terabytes.
Telkom’s enterprise segment grew 2.9% year-on-year, posting Rp 5 trillion in revenue driven by connectivity solutions, satellite services, Indibiz offerings for SMEs, and digital payment services. Its Digital IT Services were also cited as key revenue contributors.
The wholesale and international segment saw modest growth of 0.6% year-on-year to Rp 4.8 trillion, thanks to rising demand for international voice services and digital infrastructure. Subsidiary PT Dayamitra Telekomunikasi Tbk, known as Mitratel, recorded Rp 2.3 trillion in revenue, up 1.4% from a year earlier.
Mitratel added 189 new towers in the quarter, bringing its total to 39,593 towers and 60,259 tenants. It also expanded its fiber optic network by 2,505 kilometers, with a total network length of 53,544 kilometers.
Telkom’s data center business brought in Rp446 billion, operating 35 data centers with a combined capacity of 38 megawatts. The company is pursuing strategic partnerships to expand its cloud and edge data center services.
The company’s infrastructure company initiative, known as Infraco through TelkomInfra (TIF), also made progress by beginning to record external revenues and optimizing its end-to-end network management capabilities.
Telkom reiterated its commitment to environmental, social, and governance (ESG) standards, including greenhouse gas (GHG) emission verification as part of its long-term strategy to achieve net zero emissions by 2060.