Jakarta - PT Telkom Indonesia Tbk targets a market share of around 40% by 2030.

"We hope to have a 40% market share by 2030," said Budi Setyawan, Telkom's Director of Portfolio Strategy, during the public expose live 2022 on Friday (9/16).

He added that Telkom is continuing to increase competitive advantages and sustain competitive growth by restructuring the data center business by consolidating Telkom Group's business and data center assets into one entity, namely Telkom Data Ecosystem (TED), which is expected to be completed in 2024.

"This consolidation is aimed at accelerating the improvement of data center portfolio capabilities and supporting the development of a data center group business ecosystem, thereby increasing data center business value in the future," he explained.

In addition, Telkom collaborates with Singapore Telecommunication to capture the various opportunities.