Moratelindo and MyRepublic Announce Strategic Merger

Transforming Indonesia's Digital Landscape

PT Mora Telematika Indonesia Tbk (MORA), listed on the Indonesia Stock Exchange, has entered into a definitive merger agreement with PT Eka Mas Republik (MyRepublic Indonesia), a subsidiary of PT Dian Swastatika Sentosa Tbk (DSSA) ¹

Strategic Rationale

The merger is positioned as a significant step in Indonesia's digital transformation journey, creating a more robust and comprehensive digital infrastructure provider. According to Jimmy Kadir, CEO of Moratelindo, the combined entity will be at the forefront of Indonesia's digital future, offering more stable, faster, and wider coverage services to customers ²

Operational Synergies

The merger will leverage the complementary strengths of both companies. Moratelindo, established in 2000, is a major player in Indonesia's telecommunications backbone infrastructure, while MyRepublic Indonesia brings its own network capabilities. The combined network is expected to accelerate optimal network expansion and enhance service quality ²

Financial and Shareholding Structure

The merger will involve the issuance of 24,127,524,041 shares by Moratelindo to MyRepublic shareholders, representing 50.50% of the post-merger paid-up capital ³

Regulatory and Implementation Timeline

The merger plan has received approval from the boards of both companies and is currently awaiting regulatory and shareholder approvals. Completion is targeted for the first half of 2026, contingent on satisfying all necessary conditions and obtaining required regulatory clearances ²

Industry Impact

Analysts view the merger positively, noting that it will strengthen the scale of operations and create significant synergies in the broadband business. The combined entity is expected to play a crucial role in advancing Indonesia's digital agenda and enhancing the national telecommunications ecosystem ¹