PT Telekomunikasi Indonesia Tbk (TLK) is experiencing an improved competitive environment within its mobile business, with mobile ARPU remaining stable in Q2 2024. This stability is supported by peers beginning to raise prices, indicating a less intense pricing competition in the Indonesian mobile market. This shift is expected to positively impact Telkomsel's profitability.
The company's data center operations demonstrated favorable growth prospects, with data center revenue increasing by 22% year-on-year in the first half of 2024. This growth underscores the increasing demand for digital infrastructure services in Indonesia. Telkom currently operates 22 data center facilities with an IT load capacity of 42 megawatts.
Telkom is committed to aggressive expansion in its data center capacity, targeting a total of 400 megawatts by 2030 through both organic and inorganic efforts. The company is actively seeking strategic investors for this segment to unlock value and gain expertise. This expansion positions Telkom as a dominant player in Indonesia's burgeoning digital economy.
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