Jakarta, INTI - PT Telkom Indonesia (Persero) Tbk. (TLKM) has designated its satellite business as a strategic priority within its digital infrastructure portfolio, and therefore has no plans to include it in its ongoing streamlining program. Telkom’s Streamlining Program is a strategic initiative aimed at restructuring, simplifying, and optimizing the company’s business portfolio and subsidiaries. It forms a key pillar of TLKM’s medium-term transformation framework, TLKM 3.0, which seeks to evolve Telkom from an operating holding company into a more agile, competitive, and efficient strategic digital holding company.
Telkomsat Performance Strengthens Digital Infrastructure Portfolio
In terms of performance, PT Telkom Satelit Indonesia (Telkomsat) posted positive results in the first quarter of 2026, with revenue growing by around 6.75% year-on-year (YoY) to Rp534 billion, up from Rp500 billion in the same period last year.
SVP Group Sustainability and Corporate Communication of Telkom, Ahmad Reza, explained that this growth was driven by increasing revenue from its collaboration with Starlink services, contributions from on-the-counter (OTC) projects and data center services, as well as solid downstream business performance. “This achievement reflects Telkomsat’s business resilience in optimizing various growth sources amid a continuously evolving industry landscape,” he said.
As a comparison within the corporate B2B segment, Telkom recorded total revenue of Rp2.4 trillion in its infrastructure business segment in Q1 2026. Of this amount, Rp2.3 trillion was contributed by PT Dayamitra Telekomunikasi Tbk. (MTEL) or Mitratel, while NeutraDC contributed Rp399 billion. Telkomsat’s contribution, which reached around half a trillion rupiah, further underscores the importance of this business line in supporting the group’s consolidated portfolio.
Satellite Business Confirmed as Core Digital Infrastructure Asset
Regarding the future of its satellite business, Reza noted that Telkom is currently implementing a streamlining program to sharpen its business focus and strengthen synergy among infrastructure assets. Through this restructuring, management aims to ensure more efficient operations, greater value creation, and sustainable long-term growth.
However, the satellite business is confirmed to remain unaffected by the streamlining process. Telkom’s strategy is to strengthen its satellite business as part of an integrated end-to-end connectivity solution, combined with fiber optic networks, terrestrial infrastructure, data centers, and cloud computing services.
This integrated approach enables Telkomsat to serve connectivity needs in remote and underdeveloped regions, maritime sectors, energy industries, government institutions, and other sectors requiring wide and reliable network coverage. “Therefore, the satellite business remains an important part of Telkom’s Digital Infrastructure portfolio,” Reza said.
Looking ahead, the company remains optimistic that this business line will maintain its growth trajectory amid evolving market opportunities. Portfolio transformation is expected to proceed in parallel with the expansion of digital service capacity. “Going forward, Telkomsat will continue strengthening its connectivity portfolio and digital solutions to capture growing market opportunities,” he concluded.
Conclusion
Telkom’s decision to exclude its satellite business from the streamlining program underscores its strategic importance within the company’s digital infrastructure ecosystem. Supported by solid performance and long-term integration plans, the satellite segment is positioned as a key driver of Telkom’s future connectivity and digital growth.
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