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PT Telkom Indonesia Supports Legal Action in Fraud Case, Reinforces Governance

Story Highlights
  • PT Telkom Indonesia supports legal action against fraud suspects, reinforcing governance.
  • Telkom focuses on transformation to enhance efficiency and competitiveness in digital services.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
PT Telkom Indonesia Supports Legal Action in Fraud Case, Reinforces Governance

Confident Investing Starts Here:

PT Telekomunikasi Indonesia Tbk ( (TLK) ) has shared an update.

On May 7, 2025, PT Telkom Indonesia Tbk announced its full support for the legal proceedings initiated by the DKI Jakarta High Prosecutor’s Office regarding the detention of nine suspects involved in fictitious financing fraud. The company appreciates the swift action taken by the prosecutors and highlights its commitment to good corporate governance by implementing corrective measures, including disciplinary actions and policy changes. Telkom continues to focus on transformation efforts to enhance efficiency, agility, and competitiveness, while maintaining stakeholder trust and contributing positively to Indonesia’s digital transformation.

Spark’s Take on TLK Stock

According to Spark, TipRanks’ AI Analyst, TLK is a Outperform.

TLK’s stock shows a strong financial backbone with stable revenue and efficient cost management, reflected in a solid financial performance score. Valuation metrics suggest the stock is reasonably priced with good income potential via dividends. Technical analysis indicates short-term upward momentum, but caution is advised as it approaches overbought conditions. The earnings call unveils a cautious optimism with both growth opportunities and challenges, particularly in margin pressures and Telkomsel’s performance. Overall, TLK is a stable investment with potential, especially for income-focused portfolios, but investors should be mindful of competitive and cost pressures.

To see Spark’s full report on TLK stock, click here.

More about PT Telekomunikasi Indonesia Tbk

PT Telekomunikasi Indonesia Tbk, commonly known as Telkom, is a state-owned telecommunications company in Indonesia. It provides a wide range of telecommunication services and digital services, focusing on maintaining competitiveness in the telecommunications and digital services industry while contributing to national interests.

Average Trading Volume: 727,100

Technical Sentiment Signal: Sell

Current Market Cap: $16.46B

For a thorough assessment of TLK stock, go to TipRanks’ Stock Analysis page.

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