Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk (NYSE:TLK) Q1 2024 Earnings Conference Call April 23, 2024 2:30 AM ET

Company Participants

Ahmad Reza - SVP Corporate Communication and Investor Relations
Ririek Adriansyah - President, Director and Chief Executive Officer
Derrick Heng - Marketing Director
Mohamad Ramzy - Director of Finance and Risk Management

Conference Call Participants

Piyush Choudhary - HSBC
Kelsey Santoso - Goldman Sachs
Marissa Putri - UBS
Arthur Pineda - Citigroup
Henry Peja - Mandiri Sekuritas
Sigrid Qiu - J.P. Morgan.
Sukriti Bansal - Bank of America

Operator

Good day and thank you for standing by. Welcome to the Telkom Indonesia First Quarter of 2024 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 Bapak Ahmad Reza, SVP Corporate Communication and Investor Relations. Thank you Bapak, please go ahead.

Ahmad Reza

Thank you, Desmond. Ladies and gentlemen welcome to PT Telkom Indonesia Conference Call for the Unaudited Results of First Quarter of 2024. 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; Ms. Venusiana as Enterprise and Business Service Director; Mr. Bogi Witjaksono as Wholesale and International Service Director; Mr. Budi Setyawan Wijaya as Strategic Portfolio Director; Mr. Honesti Basyir as the Group Business Development Director; Mr. Herlan Wijanarko as the Network and IT Solutions Director; Mr. Afriwandi as Human Capital Management Director.

Also present are the Board Of Directors of Telkomsel, first is Mr. Nugroho as the President Director; Mr. Mr. Mohamad Ramzy as The Finance and Risk Management Director; Mr. Mr. Derrick Heng as the Marketing Director; Mr. Adiwinahyu Basuki Sigit as the Sales Director; and Mr. Wong Soon Nam as Planning And Transformation Director.

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

Ririek Adriansyah

Thank you, Reza. Good afternoon, ladies and gentlemen, welcome to our conference call for the unaudited first quarter year of 2024 results. We appreciate your participation in this call. We report the year 2024 will be considered to be an exciting and dynamic year and hard to be credited in terms of business and economic stability. We have witnessed the macroeconomic downturn and the direction toward higher inflation worsened by geopolitical situations.