BP BUMN, in collaboration with Danantara, is significantly accelerating the streamlining process of Telkom Group, aiming to reduce its 67 subsidiaries to a more focused 19 entities by the end of 2026. This ambitious initiative is strategically designed to bolster Telkom Group’s pivotal role as the nation’s premier digital strategic holding company.
“This transformation is crucial for sharpening our business focus and ensuring Telkom Group operates with greater agility in addressing the evolving demands of the national digital ecosystem,” stated Dony Oskaria, who serves as both the Head of BP BUMN and COO of Danantara. His remarks were made in an official statement on Monday, May 25, 2026, as reported by Antara.
To further discuss the ongoing progress of this streamlining and business transformation, Dony recently held a meeting with Seno Soemadji, Director of Strategic Business Development & Portfolio at PT Telkom Indonesia. The productive discussion took place at Wisma Danantara, Jakarta, on Monday, underscoring the collaborative effort driving these significant changes within Telkom Group.
During the meeting, Telkom outlined a comprehensive array of strategic measures currently underway. These include various approaches such as mergers, divestments, liquidations, business consolidations, and even the formation of new enterprise holdings. Each step is meticulously designed to reinforce the group’s focus on its core digital business and vital national telecommunications infrastructure, especially crucial amidst an increasingly competitive industry landscape.
Dony further underscored that the ongoing transformation and streamlining initiatives within Telkom Group are absolutely essential. They are integral to not only strengthening the company’s business focus but also significantly enhancing its overall competitiveness in the rapidly evolving digital industry.
As a critical component of this ambitious transformation agenda, several priority programs are also being fast-tracked. These include the strategic consolidation of BUMN FiberCo, the robust development of Data Centers, TowerCo, and InfraCo, alongside a thorough restructuring of Telkom Group’s licensing framework. These concerted efforts are all geared towards facilitating its evolution into a more adaptive and globally competitive digital strategic holding.
Ultimately, through this profound transformation, BP BUMN and Danantara are steadfastly committed to strengthening governance, optimizing assets, and consolidating the national digital ecosystem. Their collective vision is to ensure that State-Owned Enterprises (BUMNs) become increasingly agile and financially robust, thereby positioning them as powerful catalysts for Indonesia’s future digital economy.
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Summary
BP BUMN, in collaboration with Danantara,