Telkom Indonesia sets out on steep road as 'telco-tech hybrid'

State company lifts Netflix ban, expands broadband to reverse slow growth

20200720 Telkom Indonesia

Telkom Indonesia has begun a quest for new sources of growth as mobile subscriptions are saturating in the country. © Reuters

ERWIDA MAULIA, Nikkei staff writer

JAKARTA -- Indonesia's state-owned telecoms operator Telekomunikasi Indonesia, better known locally as Telkom, has begun a quest for new sources of growth, as intensifying competition in a saturated mobile phone market erodes the company's revenue and local dominance.

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