JAKARTA, Indonesia, May 3, 2021
/PRNewswire/ -- As industrial conditions remain battered by the
COVID-19 pandemic, which continues to rage in Indonesia, PT Telkom Indonesia (Persero) Tbk
(Telkom) managed to record a good performance by yielding positive
income growth, with its EBITDA (Earning Before Interest, Tax,
Depreciation, and Amortization) and net income recorded
double-digit growth in 2020. The Company recorded a consolidated
revenue of IDR136.46 trillion, grew
positively by 0.7% compared to 2019. The Company's EBITDA in 2020
was recorded at IDR72.08 trillion
with a net income of IDR20.80
trillion, or reached double digit growth of 11.2% and 11.5%
year-on-year respectively. It indicated optimism that
digitalization could become a driving force for the handling
COVID-19 and national economic
recovery.
Telkom President Director Ririek Adriansyah said 2020 was a very
challenging year during which pandemic-induced changes had shifted
people's needs and lifestyles, with a significant increase of
consumers adopting a digital lifestyle.
"The pandemic has accelerated digital transformation couple
years faster and for Telkom, this is a valuable momentum for
acceleration. In line with the company's transformation into a
digital telco, Telkom continues to actively support the
government's efforts in handling COVID-19 and recovering the national economy
through connectivity, platforms and digital applications, as well
as social assistance. We are committed continuing to provide ease
for people who because of the pandemic have to carry out their
activities digitally from home, including to work and study,"
Ririek said in Jakarta (29/4).
The COVID-19 pandemic provides
an impetus to the greater need for fixed broadband access. Telkom
seized the moment to meet the increasing demand throughout 2020 by
having more than 1.01 million new IndiHome subscribers, Telkom's
fixed broadband flagship product. By the end of 2020, the number of
IndiHome subscribers grew to 8.02 million, or went up by 14.5%
compared to the end of 2019. It had a positive impact on the
company, to which IndiHome posted a significant increase in revenue
of 21.2% to IDR22.2 trillion compared
to last year. IndiHome's growth will remain promising, given that
the fixed broadband penetration rate in Indonesia is relatively low at around 15% of
Indonesian households and IndiHome's ARPU increasing from
IDR253,000 in the third quarter to
IDR262,000 in the fourth quarter of
2020.
For the mobile segment, Telkom's subsidiary Telkomsel recorded a
significant increase in data traffic to 9,428 petabytes or
increased by 43.8% compared to the same period last year, with the
growing demand for data services, particularly due to changes in
people's lifestyles triggered by the pandemic. As of end of 2020,
Telkomsel served 169.5 million subscribers, of which 115.9 million
were mobile data users, increased by 5.2% compared to last year.
Throughout 2020, Telkomsel's Digital Business revenue grew by 7.0%
to IDR62.33 trillion, which has been
a catalyst of consumer behaviour shift from the legacy business to
digital business services. The Digital Business revenue
contribution increased to 71.6% out of Telkomsel's total revenue,
from 63.9% in the previous year. In 2020, Telkomsel built 27,700
new 4G LTE Base Transceiver Stations (BTS), brought Telkomsel's
BTSs reached more than 231,000 by the end of 2020, 78% of which
were 3G/4G BTS.
In the Enterprise segment, business fundamentals became more
robust as a result of strategy implementation to focus on higher
profitability business lines, yielding lower operating costs,
especially in terms of customer equipment cost in this segment. As
a result, the segment posted IDR17.7
trillion revenue in 2020. In the fourth quarter of 2020
alone, revenue for the Enterprise segment reached IDR6.3 trillion, a significant growth of 67.9%
compared to the third quarter of 2020. Revenue from data center
& cloud, application services, and enterprise broadband
contributed to this achievement.
For the wholesale &
International Business segment, the strategic enabler of the whole
TelkomGroup business segments, also performed well with its revenue
increased by 27.3% year-on-year to IDR13.5
trillion. Improvements in the telecommunications tower
business, voice wholesale, data centers, and inorganic initiatives
have been accounted for this achievement. Currently, the company is
preparing a plan to unlock Mitratel's value in order to increase
valuation and strengthen TelkomGroup's telecommunication tower
business portfolio. In this segment, Telkom is also expanding
neuCentrIX as an initiative to serve the wholesale market of the
telecommunications industry and digital ecosystem by providing
integrated data center services with the widest coverage of
backbone infrastructure and global competitiveness.
In accordance with its transformation into a digital
telecommunications company, Telkom continues to develop a variety of digital
services for the Consumer and Enterprise segments through
collaboration and synergy with digital players as the strategic
partners and/or strategic investors. The company also supports the digital ecosystem development,
which focuses in five ecosystems:
MSME, education, health, logistics and agriculture. In order to
boost the national economic recovery, Telkom with eight other SOEs
took the Ministry of SOE's initiative and launched an e-commerce
aggregator digital platform namely Pasar Digital UMKM (PaDi UMKM),
to help the MSMEs to gain wider market place especially for
SOEs.
Telkom also nurtures startup companies in Indonesia through a synergy program to build a
digital ecosystem. Through MDI Ventures, Telkom has invested in
more than 50 startups in Indonesia
and globally with up to IDR600
million investment. MDI's consistency in investing in
startups shows TelkomGroup's commitment in bolstering digital
business in the country and supporting the acceleration of
digitalization in Indonesia.
The company's total capital expenditure in 2020 was IDR29.4 trillion or 21.6% of total revenue. The
capital expenditures absorption in
2020 was lower than the projected plan due to the pandemic and the
implementation of social and travel restrictions (PSBB). Our
capital expenditures were mainly utilized to strengthen our
networks and other infrastructures, including 4G LTE network, home
fiber optic access network, submarine fiber optic backbone network
as well as telecommunication towers and data centers to strengthen our digital capabilities, and to
provide the best digital experiences for our customers.
"Amidst the pandemic that we still have to face, we would like
to thank the Indonesian people for their trust to TelkomGroup
various services. We will continously strive to offer the best
digital solutions to assist customers to face the pandemic and
revive the national economy, in line with our commitment to become
the driver of Indonesia's
digitalization. We believe that with the digitalization, we could
face the pandemic hand in hand and make Indonesia better," Ririek said.
#DigitalBisa #UntukIndonesiaLebihBaik
Ahmad Reza
Senior Vice
President Corporate Communication & Investor Relations
corporate_comm@telkom.co.id
investor@telkom.co.id
www.telkom.co.id
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SOURCE PT Telkom Indonesia (Persero) Tbk