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PT Telkom Indonesia Boosts Data Center Business

PT Telkom Indonesia Boosts Data Center Business

PT Telekomunikasi Indonesia Tbk (TLK) has released an update.

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PT Telekomunikasi Indonesia Tbk has announced a significant capital injection of Rp 1.626.900.000.000 into its subsidiary PT Telkom Data Ekosistem to expand the Cikarang Hyperscale Data Center, aiming to become the market leader in Indonesia’s data center business. This strategic move is also designed to support future plans to unlock the value of the company’s data center operations, although it will not have a direct impact on the company’s current financial condition.

For further insights into TLK stock, check out TipRanks’ Stock Analysis page.

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