Indonesia Telecom Industry Overview
The Indonesian telecom market is highly fragmented in nature. Some major players in the market studied are Telkom Indonesia, Indosat Ooredoo, XL Axiata, Smartfren Telecom, and Tri Indonesia. The market also hosts other internet service providers (ISPs), MVNOs, and fixed-line service providers. Some Indonesian telecommunication companies are competitive internationally and hold strong ground in the global telecom space.
- April 2024: Malaysian conglomerate Axiata Group and Indonesian group PT Sinar Mas announced plans to strengthen their position in the market by planning to merge their telecom operations, XL Axiata and Smartfren, into a USD 3.5 billion entity. This merger intends to combine their customer bases, resulting in approximately 94 million mobile subscribers. XL Axiata contributed around 58 million customers, while Smartfren added about 36 million. This strategic move was designed to create a stronger competitor to Telkomsel, which had over 158 million mobile users as of September 2023. Furthermore, it positioned the merged entity to closely rival Indosat Ooredoo Hutchison, which had approximately 100 million mobile subscribers.
- April 2024: Scala Inc. and PT Telkom Indonesia (Persero) Tbk (Telkom), Indonesia’s state-owned telecommunications company based in Bandung, announced a strategic business alliance. This partnership will be dedicated to fostering innovation and development within the agricultural sector. By combining their strengths, both organizations aim to address significant challenges and seize opportunities in this crucial industry.
Indonesia Telecom Market Leaders
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Telkom Indonesia
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Indosat Ooredoo
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XL Axiata
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Smartfren Telecom
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Tri Indonesia
- *Disclaimer: Major Players sorted in no particular order
