Indonesia's Surge draws investment from NTT East in fiber optics push

Japanese telecom to take 49% stake in subsidiary and help train engineers

NTT East President Naoki Shibutani, right, shakes hands with Arwin Rasyid, commissioner of Weave investor JIA. They aim to boost Weave's customer base to 40 million households. (Photo by Nikkei)

TOMOYOSHI OSHIKIRI

April 12, 2025 03:24 JST

JAKARTA -- Indonesian digital infrastructure provider Surge has agreed to an investment by Japan's Nippon Telegraph and Telephone East as part of a collaboration to expand the Surge group's residential fiber network customer base by millions of households nationwide.

An NTT East subsidiary will buy a 49% stake in Weave -- a Surge subsidiary formally known as Integrasi Jaringan Ekosistem -- the Japanese telecom said on Friday. The value of the investment has not been disclosed.