PT Telkom Indonesia (Persero) Tbk (Telkom) has officially completed its simplification or streamlining program for 10 subsidiary entities as of mid-2026. This strategic step is part of the company's commitment to supporting the transformation aspirations of State-Owned Enterprises (SOEs) directed by Danantara Asset Management and the SOE Regulatory Body (BP BUMN).
This transformation is a manifestation of the TLKM 30 strategic pillar, which focuses on business portfolio restructuring through entity optimization, business function harmonization, and divestment of non-core businesses. By streamlining the group structure, Telkom now positions itself as a more agile Strategic Holding, while operational activities are entrusted to business units focused on the B2C segment, B2B infrastructure, B2B ICT, and international business.
Telkom's Director of Strategic Business Development & Portfolio, Seno Soemadji, emphasized that this move was taken to build a more agile and highly competitive organization. "The courage to reorganize is key to focusing on the core business. A lean structure allows us to allocate investments more optimally and create higher quality growth," said Seno.
The simplification process was carried out through three main mechanisms: divestment, vertical merger, and liquidation. By the end of June 2026, Telkom had divested two entities, merged two entities, and dissolved six others through liquidation. An in-depth evaluation was conducted to ensure that every decision was based on long-term contributions to the group.
In its implementation, Telkom is committed to upholding the principles of Good Corporate Governance and the Business Judgment Rule through close coordination with stakeholders, including the Attorney General's Office and BPKP. Beyond business restructuring, the company is also making responsible human resource adjustments through voluntary programs to build a more adaptive organization in the digital era.
