Perusahaan Perseroan (Persero) Q2 2023 Earnings Call Transcript

For the period ending June 30, 2023

August 1, 2023 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 the Telkom Earnings Call First Half of 2023 Results Conference Call. [Operator Instructions] Please be advised that today's conference is being recorded.

I'd now like to hand the conference over to Mr. Edwin Sebayang, VP of Investor Relations. Please go ahead, Pak Edwin.

Edwin Sebayang

Thank you. Ladies and gentlemen welcome to PT Telkom Indonesia Conference Call for the Audited Results of Second Quarter Year 2023. There will be an overview from our CEO and followed by Q&A after the session.

Before we start, let me remind you that today's call and the responses to questions may contain forward-looking statements within the meaning of safe harbor. Actual results could differ materially from projections or estimations and may involve risks and uncertainties that may cause actual results to be different from what we discuss today.

Ladies and gentlemen, it is my pleasure now to introduce Telkom's Board of Directors who are joining us today: Mr. Ririek Adriansyah as President Director and CEO; Mr. Heri Supriadi as Finance and Risk Management Director; Mr. Honesti Basyir as Group Business Development Director; Mr. Herlan Wijanarko as Network and IT Solutions Director; Mr. Bogi Witjaksono as Wholesale and International Service Director; Ms. Venusiana as Enterprise and Business Service Director; Mr. Budi Setyawan Wijaya as Strategic Portfolio Director; Mr. Muhamad Fajrin Rasyid as Digital Business Director; Mr. Afriwandi as Human Capital Management Director. Also present are the Board of Director of Telkomsel Mr. Hendri Mulya Syam as President Director; Mr. Mohamad Ramzy as Finance and Risk Management Director; Mr. Derrick Heng as Marketing Director; Mr. Adiwinahyu Basuki Sales Director.

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

Ririek Adriansyah

Thank you, Edwin. Good afternoon, ladies and gentlemen. Welcome to our Conference Call for the Unaudited Second Quarter Year of 2023 Results. We appreciate your participating in this call. Second quarter of 2023 was considered as one of the significant milestone for Telkom Group towards the invitation of Five Bold Moves.

On that quarter to be exact on the 22nd of June 2023 Telkom has signed a spinoff agreement with Telkomsel that initiate versification between B2C and B2B business. On the B2C business Telkomsel will concentrate on improving the synergy with IndiHome to be the strongest fixed mobile converge or FMG operator in Indonesia.