Business Context and Reporting Period
This Form 6-K filing by Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk (Telkom Indonesia) reports the summary of minutes from the Extraordinary General Meeting of Shareholders (EGMS) held on December 12, 2025. The meeting was conducted online via the eASY.KSEI system and attended by shareholders representing 86.47% of total voting shares.
Key Financial Metrics
The filing text does not provide specific financial performance metrics such as revenue, profit, cash flow, margins, debt, or liquidity figures. The document focuses exclusively on corporate governance resolutions and shareholder voting outcomes.
Material Changes and Resolutions
Shareholders approved five key agenda items with the following voting results:
- Partial Spin-Off of Wholesale Fiber Business: Approved with 99.48% agreement. The Company will spin off Phase-1 of its wholesale fiber connectivity business and assets to its subsidiary, PT Telkom Infrastruktur Indonesia (TIF), increasing its capital participation in TIF at fair value.
- Amendments to Articles of Association: Approved with 90.20% agreement. Changes align with Law Number 16 of 2025 regarding State-Owned Enterprises and adjust special rights attached to Series A Dwiwarna shares owned by the Government of Indonesia.
- 2026 Work Plan and Budget (RKAP): Authority delegated to the Board of Commissioners (subject to Majority Series B Shareholder approval) to approve the 2026 budget and amendments. Approved with 94.59% agreement.
- Special Government Assignment: Approved with 92.70% agreement. The Company will accept a special assignment to provide Temporary National Data Center (PDNS) services during a transition period to ensure government digital service continuity.
- Management Changes: Approved with 93.21% agreement. The meeting dismissed Mr. Honesti Basyir (Director of Wholesale & International Service) and Mr. Yohanes Surya (Independent Commissioner). They were replaced by Mr. Budi Satria Dharma Purba and Ms. Rofikoh Rokhim, respectively.
Guidance, Outlook, and Risks
The filing does not contain forward-looking financial guidance or specific risk disclosures beyond the operational context of the resolutions. Management commentary is limited to the execution of the approved spin-off and the acceptance of the government data center assignment, which is expected to operate within a reasonable margin range as per the assignment terms.
Investor Verification Checklist
- Verify the timeline and regulatory requirements for the Phase-1 spin-off of the wholesale fiber business to PT Telkom Infrastruktur Indonesia.
- Confirm the specific adjustments to the special rights of Series A Dwiwarna shares resulting from the Articles of Association amendment.
- Monitor the final approval of the 2026 Work Plan and Budget (RKAP) by the Board of Commissioners and the Majority Series B Shareholder.
- Assess the financial impact and operational scope of the Temporary National Data Center (PDNS) government assignment.
- Review the background and qualifications of the newly appointed Director of Wholesale & International Service and Independent Commissioner.