JAKARTA - Closing the third quarter of 2022, PT Telkom Indonesia (Persero) Tbk (Telkom) recorded an increase in operating net profit of 4.3 percent or IDR 19.42 trillion. The company also posted consolidated revenue of IDR 108.87 trillion with positive growth of 2.7 percent compared to the same period last year. The company's game before Interest, Tax, Depreciation, and Amortization (EBITDA) was recorded at IDR 59.46 trillion or grew 2.6 percent.
President Director of Telkom, Ririek Adriansyah, said that this achievement was the result of the company's pretty good operational performance while still focusing on the transformation steps and the main strategy of Five straight Moves.
In the midst of the challenge of disruption, Telkom was able to grow quite well and positively. We will continue to implement five Five mainstay moves strategies for the company's competitive and sustainable growth. We believe this step will provide optimal value not only for the company but for stakeholders," he said in an official statement quoted on Saturday, October 29.
On the other hand, Telkomsel as a subsidiary of Telkom also posted a positive performance with an income of Rp66.16 trillion or grew 1.6 percent year on year (yoy).
Ririek detailed, as part of the Mobile business segment, Telkomsel serves 159.8 million subscribers with payload data that grew positively by 20.7 percent YoY to 12,128,796 TB and payload consumption touched 11,785 MB per data service user or grew 17.2 percent yoy. Meanwhile, Telkomsel's investment in GoTo also produces a fairly good synergy value for the company.
In order to maintain and ensure network quality as well as focus on developing digital business, he continued, Telkomsel continuously builds Base Transceiver Stations with a total of 260,815 units or grew 6.1 percent yoy until September 2022, with 210,632 units of which are BTS 3G/4G/5G.
In the Consumer segment, IndiHome is still the engine of the company's revenue growth with a performance of IDR 20.9 trillion or grew 6.4 percent yoy, with the contribution to the Company's total revenue increasing to 19.2 percent from 18.5 percent in the same period last year. With the addition of 438 thousand new subscribers, until September 2022 IndiHome has served 9 million subscribers or grew 6.8 percent yoy.
At the Enterprise Segment, the Company recorded a performance of IDR 13.7 trillion with B2B Digital IT Services and Enterprise Connectivity services as the main contributor to revenue. Going forward, Telkom will continue to strengthen capabilities in the cloud business, including through strategic cooperation with global technology players, in addition to continuing to improve quality in providing digital solutions to customers.
Meanwhile, revenue from the Wholesale and International segment grew 7.6 percent yoy to Rp11.3 trillion, contributed by growth in the international wholesale voice service business, as well as digital businesses including domestic and international A2P services.
In the tower business, Mitratel as a subsidiary of Telkom continues to strengthen its position as the largest tower company in Southeast Asia through ownership of 35,051 tower units with a tenancy ratio of 1.44x. The company believes that the tower business has a great opportunity to continue to grow driven by demand from the mobile data business and implementation of 5G technology. Until the end of the third quarter of 2022, Mitratel posted revenue of IDR 5.6 trillion or grew 11.5 percent yoy, with EBITDA and net profit growing 15.7 percent yoy and 18.1 percent yoy.
Until September 2022, the company's total budget expenditure reached IDR 21.7 trillion or 19.9 percent of total revenue. This expenditure budget is focused on developing telecommunication network infrastructure for a better digital experience for customers.
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