Jakarta, INTI - Danantara is pushing for the consolidation of fiber optic assets owned by all state owned enterprises (SOEs) under Telkom Indonesia.
TelkomGroup President Director Dian Siswarini explained that consolidating business lines into a single entity is part of Danantara’s broader directive for SOEs. “That is the current direction from Danantara, not only for fiber optics, but also for real estate and other sectors,” she said on Wednesday, March 11, 2026.
InfraNexia Focus and Revenue Growth Targets
As a result, Dian noted that the consolidation of SOE fiber assets will become a key priority for Telkom Infrastruktur Indonesia (TIF), also known as InfraNexia. Earlier plans to seek strategic partners or investors, both domestic and international, have been postponed until next year.
“The main focus this year is to strengthen InfraNexia as a capable fiber company,” she added. “There is also guidance from Danantara to assess how fiber assets from other SOEs can be consolidated.”
Although Dian did not specify which SOEs would be involved, two companies currently operating in the fiber optic sector are PLN through its subsidiary Icon Plus, and Jasa Marga through its related business unit.
Meanwhile, Telkom’s Director of Wholesale & International Service, Budi Satria Dharma Purba, stated that the planned spin-off of Telkom’s fiber business into InfraNexia is expected to boost revenue from third-party fiber services.
Currently, revenue from external fiber services contributes around 15% of Telkom’s total. After the spin-off, this figure is projected to increase to between 25% and 40%.
“Subsidiary consolidation will be the next focus before unlocking its full value,” Budi concluded.
Conclusion
The consolidation of fiber optic assets under Telkom Indonesia marks a strategic move to strengthen Indonesia’s digital infrastructure and improve efficiency across state-owned enterprises. By focusing on InfraNexia as a unified fiber entity, the initiative is expected to unlock greater value, enhance service capabilities, and significantly boost revenue from third-party markets. While execution details are still unfolding, this step reflects a broader effort to streamline assets and position Telkom as a dominant player in the national connectivity ecosystem.
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