Declaration of employee commitment led by the CEO of TelkomGroup at the TelkomClick 2023.

Jakarta, 3 February 2023 - “TelkomGroup as the country's pioneer in digitalization is expected to accelerate the company's transformation with its Five Bold Moves strategy, while also focusing on value creation to make the company grow healthier and more profitable. By adhering to AKHLAK's core values, this year we must close our ranks, accelerate the ongoing transformation, and start yielding the transformation results that were carried out last year." 

Indonesian Minister of State-Owned Enterprises Erick Thohir mentioned this message in his remarks at the TelkomClick 2023, which was held offline and online or in a hybrid manner recently at Telkom Landmark Tower. He was also referring to AKHLAK, an abbreviation for Amanah (Trustworthy), Kompeten (Competent), Harmonis (Harmonious), Loyal (Loyal), Adaptif (Adaptive), and Kolaboratif (Collaborative) or a set of moral ethics which he launched in 2020 as guidance for SOEs. 

TelkomGroup Board of Executives presented the strategy of PT Telkom Indonesia (Persero) Tbk (Telkom) for 2023 at the annual work readiness call to raise all employees' enthusiasm and optimism to support the company's success in 2023 as the pinnacle of the company's transformation agenda execution.

In 2022, Telkom managed to record satisfactory performance by posting a net operating profit of 19.42 trillion rupiah or growing by 4.3% YoY in the third quarter. The company posted 108.87 trillion rupiah of consolidated revenue with a positive growth of 2.7% compared to the same period in the previous year. The company's earnings before interest, taxes, depreciation and amortization was recorded at 59.46 trillion rupiah or grew 2.6%. This achievement is the result of the company's operational performance that consistently focused on its transformation path and the Five Bold Moves main strategy.

TelkomGroup CEO Ririek Adriansyah said that 2023 will be a challenging year for all industrial sectors, especially the telecommunications industry. Therefore, TelkomGroup will focus on executing the company's five main strategies while still being based on Telkom's three business domains; digital connectivity, digital platforms, and digital services. In the digital connectivity pillar, Telkom launched the Fixed Mobile Convergence (FMC) and InfraCo initiatives, and in the digital platform business pillar Telkom has the Data Center Co and business-to-business (B2B) Digital IT Service Co initiative, while in the digital services business pillar it has the DigiCo initiative.

Currently, Telkom continues to focus on carrying out these initiatives with an emphasis on FMC, InfraCo and Data Center Co initiatives. This was also a move to separate Telkom's business focus as the parent company on B2B and its subsidiaries on business-to-consumer (B2C) focus. "In particular, FMC is a very important initiative in TelkomGroup's Five Bold Moves, so we have to prepare everything including the paradigm, understanding, and competency of the resources needed for the success of Five Bold Moves," Ririek said.

It will require support and cooperation from all TelkomGroup employees to strengthen the transformation moves and become a winner in market competition. Having the targets set and the formulation of a winning program that has been presented by BOE staff at the TelkomClick 2023 in place, it will certainly motivate TelkomGroup employees to commit and contribute actively in continuing the implementation of the company's transformation and continue to be adaptive in developing their capabilities.

TelkomClick 2023 ended with the launch of the corporate logo and theme in 2023, "Drive Transformation Agenda to Ensure Strong Business Fundamentals and Healthy Sustainable Growth", and a commitment declaration led by TelkomGroup CEO. All employees are committed to winning in 2023 as the pinnacle of executing TelkomGroup's transformation goals through the success execution of the Five Bold Moves strategy, by strengthening synergy and collaboration based on AKHLAK's core values, in order to make Telkom the best and most preferred digital telco. 

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