JAKARTA (TheInsiderStories) - Telco operator, PT Telkom Indonesia Tbk (IDX: TLKM) plans to spend around Rp35.9 trillion (US$2.49 billion) in this year to strengthen the network and infrastructure and digital segment, said the spokesman in this week. The capital expenditures amount was 25 percent of this year’ revenues target of Rp143.94 trillion.
The spokesman, Pujo Pramono, stated that this year the company will focus to develop cloud services platform services along with smart platform services. Currently, the group has developed cloud services, FloU, and has 22 data centers spread across Indonesia, Singapore, and Hong Kong. In Singapore and Hong Kong, Telkom owns four data centers under Telekomunikasi Indonesia International Pte. Ltd.
Since 2019, the operator has develop data centers across the archipelago. For this program the operator allocated Rp1 trillion. The telecommunication and network provider currently owns and operates 11 data centers in Indonesia under its subsidiary PT Sigma Cipta Caraka.
Earlier, CEO of Telkom, Ririek Adriansyah, said would release a number of new platform to enter fifth generation (5G) network as part of the development of digitization program. Next, he said, the provider aimed to develop various digital platforms such as big data, internet of things, and other platforms.
In June 2020, the issuer has released a digital platform product, namely PaDi UMKM. The group also involved in the One Data System which is able to detect people who have been given the COVID-19 vaccine.
The digital platform will brings together micro, small, and medium enterprises (MSMEs) and state-owned enterprises to optimize, accelerate and encourage efficiency of shopping transactions for MSMEs, as well as expand and make it easier to access the financing. In Indonesia, there are currently no less than 23 million MSME players and 17,000 are under eight SOEs.
Last year, the state-owned firm has spent Rp36.59 trillion or 27.0 percent of total revenue for business expansion. Beside build new base transceivers, the company joined with private tower operator, PT Protelindo, have acquired 3.100 towers of PT Indosat Ooredoo Tbk (IDX: ISAT) for Rp6.39 trillion.
The publicly listed firm also injected more capital to its venture capital armed, PT MDI Ventures of $500 million to widens the digital business. The telco and network provider currently owned and operated 11 data centers in Indonesia under its subsidiary TelkomSigma.
In Singapore and Hong Kong, the operator owned four data centers under Telekomunikasi Indonesia International Pte. Ltd. The construction of the new data center its expecting starting this year and will be operated by Telkomsigma.
The unit, PT Telekomunikasi Selular also have signed a memorandum of understanding with Chinese Huawei Technologies Co., Ltd., to accelerate development of Digital Indonesia in Barcelona, Spain. It said, both parties will cooperate to accelerate ecosystem and infrastructure development of fully connected digital in Indonesia.
As a group, Telkom managed six businesses portfolios such as mobile, fixed line, wholesale & international, network infrastructure, enterprise digital, and consumer digital. The Government of Indonesia owned 52.09 percent Telkom shares while the remaining 47.91 percent shares belong to public. The shares are traded on the Indonesian Stock Exchange and on the New York Stock Exchange, with code TLM.
US$1: Rp14,400
Written by Editorial Staff, Email: theinsiderstories@gmail.com
