Telkom and Indosat Restructure Fiber Optic Assets

Optimizing Operations Ahead of 2026

In a strategic move to enhance operational efficiency, PT Telkom Indonesia Tbk (TLKM) and PT Indosat Tbk (ISAT) are restructuring their fiber optic assets. Telkom has signed an agreement to spin off its wholesale fiber connectivity business to Infranexia, a move valued at Rp 35.3 trillion. This represents 50% of the total fiber optic assets that Infranexia will manage, with plans to reach a total value of Rp 90 trillion.

Indosat's FiberCo Initiative

Meanwhile, Indosat is set to separate its fiber optic assets into a new entity called FiberCo, with an estimated value of Rp 14.6 trillion. This initiative has already attracted significant investment, with Arsari Group and Northstar confirming their participation.

Strategic Implications

These restructuring efforts are expected to have a positive impact on the companies' financial performance and attractiveness to investors. By optimizing their fiber optic assets, Telkom and Indosat aim to improve their competitiveness in the telecommunications sector and prepare for future growth opportunities.