Sign up | Log in



Home>>Daily News>>Indonesia>>Telecoms>>Telkom sees 14.4% growth in net profit in 2017

NEWS UPDATES Asean Affairs  March  16, 2018  

Telkom sees 14.4% growth in net profit in 2017

State-owned telecommunications company PT Telkom Indonesia saw its net profit grow 14.4 percent to Rp 22.1 trillion (US$1.61 billion) in 2017, compared to the figure in 2016, according to a press statement issued by the company on Thursday.

Meanwhile, the company’s revenue increased by 10.2 percent to Rp 128.3 trillion, compared to the previous year's figure.

Telkom’s revenue mostly comes from data sales as well as internet and IT services, which grew by 28.7 percent in 2017, contributing 43.2 percent to the total revenue.

The growth was due to an increase in smartphone use and an increase in customers for the IndiHome and ICT Solution services.

“The increasing contribution from the data, internet and IT service segment indicates that Telkom is on track to becoming a digital telecommunications company,” said Telkom president director Alex J. Sinaga in the statement.

Meanwhile, the company's operational and maintenance costs increased by 17.1 percent in line with the aggressive development of broadband infrastructure in the backbone, mobile and fixed line segment.

Meanwhile, the revenue of Telkom’s subsidiary, Telkomsel, was recorded at Rp 93.2 trillion, an increase of 7.5 percent from 2016.

Telkomsel’s growth was supported by digital business that grew by 28.7 percent from 2016 due to an increase in smartphone users, which pushed data consumption, contributing 42.3 percent of Telkomsel’s total revenue.

As of late 2017, Telkomsel had 196.3 million customers.

Reach Southeast Asia!
10- Nations, 560- Million Consumers
And $1 -Trillion Market
We are the Voice of Southeast Asia Media Kit
The only Media Dedicated to Southeast Asia Advertising Rates for Magazine
Online Ad Rates

Comment on this Article. Send them to

Letters that do not contain full contact information cannot be published.
Letters become the property of AseanAffairs and may be republished in any format.
They typically run 150 words or less and may be edited
submit your comment in the box below

  Today's  Stories                       March 16, 2018 
• PHL education system underperforms in East Asia Pacific Subcribe: Asean Affairs Global Magazine
• Pawnshop records Rp 2.5t in net profit in 2017 Subsribe Now !
• BOI a BOI approves 4 Toyota CARS suppliers
Research Reports
on Thailand 2007-2008

• Textiles and Garments Industry
• Coffee industry
• Leather and footwear industry
• Shrimp industry

• Trade through Thai-Myanmar border gates increases
• Telkom sees 14.4% growth in net profit in 2017
Asean Analysis                  February 8,  2018
• Asean Analysis February 8, 2018
Advertise Your Brand

Asean Stock Watch   March 15,  2018

• Asean Stock Watch-March 15, 2018
The Biweekly Update
• The Biweekly Update  October 27, 2017

ASEAN NEWS UPDATES      Updated: 04 January 2011

 • Women Shariah scholars see gender gap closing
• Bank Indonesia may hold key rate as inflation hits 7 percent
• Bursa Malaysia to revamp business rules
• Private property prices hit new high in Singapore • Bangkok moves on mass transport
• Thai retailers are upbeat
• Rice exports likely to decline • Vietnamese PM projects 10-year socioeconomic plan


This year in Thailand-what next?

AseanAffairs   04 January 2011
By David Swartzentruber      

It is commonplace in journalism to write two types of articles at the transition point between the year that has passed and the New Year. As this writer qualifies as an “old hand” in observing Thailand with a track record dating back 14 years, it is time take a shot at what may unfold in Thailand in 2011.

The first issue that can’t be answered is the health of Thailand’s beloved King Bhumibol, who is now 83 years old. He is the world's longest reigning monarch, but elaborate birthday celebrations in December failed to mask concern over his health. More






1.  Verifier

1. Verifier

For security purposes, we ask that you enter the security code that is shown in the graphic. Please enter the code exactly as it is shown in the graphic.
Your Code
Enter Code

Home | About Us | Contact Us | Special Feature | Features | News | Magazine | Events | TV | Press Release | Advertise With us

| Terms of Use | Site Map | Privacy Policy  | DISCLAIMER |

Version 5.0
Copyright © 2006-2020 TIME INTERNATIONAL MANAGEMENT ENTERPRISES CO., LTD. All rights reserved.
Bangkok, Thailand