PT Telekomunikasi Indonesia, Tbk. is a State Owned Enterprise (“SOE”) and the largest telecommunication and network services provider in Indonesia. Serving millions of customers nationwide, we provide a strong portfolio of information and communication services, including fixed wireline and fixed wireless telephone, mobile cellular, data and internet, and network and interconnection services, directly or through our subsidiaries.
The Government is TELKOM’s majority shareholder and the remaining shares are owned by the public. Our shares are traded on the Indonesia Stock Exchange (“IDX”), the New York Stock Exchange (“NYSE”), the London Stock Exchange (“LSE”) and the Tokyo Stock Exchange (without listing).
In response to the mounting challenges in the domestic and global telecommunications industry, we have undertaken a fundamental and comprehensive transformation of our entire business, including our portfolio, infrastructure and systems, organization and human resources, and our culture. This transformation is part of our initiative to reduce our dependence on our legacy telecommunications portfolio of fixed line telephony, mobile telephony and multimedia, and encompass a broader portfolio of TIME. With our commitment to ongoing innovation, we are now positioned as a strongly competitive new wave company.
We firmly believe that our commitment to unlimited mobility and connectivity will boost confidence among both retail and corporate customers in the quality, speed and reliability of the services and products we offer. The proof lies in our growing number of subscribers, which reached 120.5 million by December 31, 2010, representing a growth of 14.6%. Of this total, 8.3 million are fixed wireline customers, 18.2 million are fixed wireless customers and 94.0 million are cellular customers.
