Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk (TLK) Q2 2022 Earnings Call Transcript

For the period ending June 30, 2022

August 2, 2022 4:00 a.m. ET

Prepared Remarks

Questions and Answers

Call Participants

Prepared Remarks:

Operator

Good day and thank you for standing by. Welcome to Telkom Earnings Call First Half of 2022 Results. [Operator Instructions] Please be advised that today’s conference is being recorded. I’d now like to hand the conference over to your first speaker today, Mr. Andi Setiawan, Vice President of Investor Relations. Thank you. Please go ahead, sir.

Andi Setiawan

Thank you, Amber. Ladies and gentlemen, welcome to PT Telkom Indonesia conference call for the first half of 2022 results. There will be an overview from our CEO and followed with the Q&A after the session.

Before we start, let me remind you that today’s call and the responses to the questions may contain forward-looking statements within the meaning of Safe Harbor. Actual results could differ materially from projections or estimation and may involve risk and uncertainty that may cause actual results to be different from what we discuss today.

Ladies and gentlemen, it’s my pleasure now to introduce Telkom Board of Directors who are joining with us today. Mr. Ririek Adriansyah, as President Director and CEO; Mr. Heri Supriadi as Finance and Risk Management Director; Mr. Herlan Wijanarko as Network & IT Solution Director; Mr. Bogi Witjaksono as Wholesale & International Service Director; Ms. Venusiana as Consumer Business Director and Enterprise & Business Service Acting Director; Mr. Budi Setyawan Wijaya as Strategic Portfolio Director; Mr. Muhamad Fajrin Rasyid as Digital Business Director; and Mr. Afriwandi as Human Capital Management Director.

Also present are the Board of Directors of Telkomsel: Mr. Hendri Mulya Syam as President Director; Mr. Mohamad Ramzy as Finance and Risk Management Director; and Mr. Derrick Heng as Marketing Director.

I now hand over the call to our CEO, Mr. Ririek Adriansyah, for his overview. Please, Ririek.

Ririek Adriansyah

Thank you, Andi. Good afternoon, ladies and gentlemen. Welcome to our conference call for the first half of 2022 results. We appreciate your participation in this call.

Ladies and gentlemen, currently Telkomsel continues its transformation journey from telco into digital telco company and materialize important projects as implementation of our five bold moves strategy. We strive to enhance our competitive advantages, increase value creation for stakeholders and satisfy customer experience and needs. Telkom just launched a second international communication gateway in Manado, connected eastern part of Indonesia directly with North America. Such a gateway enables the people from eastern part of the nation, including new Indonesian capital city, to enjoy wider Internet access as well as better connectivity quality. Moreover, we successfully completed Phase 1 of HyperScale Data Center, or HDC, and further tower consolidation within the group.