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Telkom Indonesia Announces Spin-Off of Wholesale Fiber Connectivity Business

Story Highlights
  • Telkom Indonesia plans to spin off its Wholesale Fiber Connectivity Business to its subsidiary TIF.
  • The spin-off, exceeding 20% of equity, requires shareholder approval on December 12, 2025.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Telkom Indonesia Announces Spin-Off of Wholesale Fiber Connectivity Business

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An announcement from PT Telekomunikasi Indonesia Tbk ( (TLK) ) is now available.

On December 1, 2025, PT Telekomunikasi Indonesia Tbk announced an amendment and additional information disclosure regarding the partial spin-off of its Wholesale Fiber Connectivity Business and Assets. The company plans to transfer these assets and liabilities to its controlled subsidiary, PT Telkom Infrastruktur Indonesia (TIF), which is 99.9% owned by Telkom Indonesia. This transaction is significant as it exceeds 20% of the company’s equity and is categorized as a Material Transaction with an Affiliated Transaction. Despite not requiring an appraiser or shareholder approval due to the nature of the transaction, Telkom Indonesia will hold a General Meeting of Shareholders on December 12, 2025, to obtain shareholder approval for the spin-off plan. This strategic move is expected to streamline operations and enhance the company’s focus on its core business activities.

The most recent analyst rating on (TLK) stock is a Buy with a $23.50 price target. To see the full list of analyst forecasts on PT Telekomunikasi Indonesia Tbk stock, see the TLK Stock Forecast page.

Spark’s Take on TLK Stock

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

The overall stock score of 75 reflects strong financial performance and technical indicators. The company’s robust cash flow and profitability are significant strengths, while the technical analysis indicates a positive market trend. The valuation is reasonable, with an attractive dividend yield. However, the decline in revenue growth is a concern that could impact long-term performance.

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

More about PT Telekomunikasi Indonesia Tbk

PT Telekomunikasi Indonesia Tbk, also known as Telkom Indonesia, is a state-owned enterprise operating in the telecommunications industry. The company focuses on providing telecommunication networks and services, informatics services, and optimizing the utilization of its proprietary resources. It is headquartered in Bandung, Indonesia, with operational offices in Jakarta.

Average Trading Volume: 508,700

Technical Sentiment Signal: Buy

Current Market Cap: $20.87B

See more insights into TLK stock on TipRanks’ Stock Analysis page.

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