Photo caption: The MoU signing between Telkom and IOH by Telkom Indonesia President Director Ririek Adriansyah (second from right) and President Director and CEO of Indosat Ooredoo Hutchison Vikram Sinha (second from left), witnessed by Telkom President Commissioner Bambang Brodjonegoro (far right), and Telkom Commissioner Marcelino Pandin (far left).

Photo caption: President Director and CEO of Indosat Ooredoo Hutchison Vikram Sinha (second from left) and Telkom Indonesia President Director Ririek Adriansyah (second from right) posed for a photo with Telkom President Commissioner Bambang Brodjonegoro (far right), and Telkom Commissioner Marcelino Pandin (far right) left) after signing the MoU in Nusa Dua, Bali (14/11).

Bali, 14 November 2022 - Telkom Indonesia and Indosat Ooredoo Hutchison (IOH) are collaborating to provide the best digital experience for the community and play an active role in supporting the growth of Indonesia's digital economy, in line with government programs. The two companies marked this collaboration by signing of a Memorandum of Understanding (MoU) during the B20 Summit on 14 November 2022 in Nusa Dua, Bali.

Indonesia is currently considered a resilient country that is surprisingly less affected by global economic uncertainties, having a tolerable GDP growth and inflation rate compared to other regions. This provides opportunities for extraordinary economic growth, including in the digital economy with a population of 280 million people. Indonesia is the largest and most populated country in Southeast Asia and has the highest Gross Merchandising Value (GMV) of the digital economy. According to several studies, in 2022, Indonesia's digital economy GMV is the highest in Southeast Asia with $77 billion and is projected to reach $220-360 billion in 2030.

Many stakeholders involved in the Indonesian digital economy ecosystem contribute to the digital economy potential in 2030, from startup companies, investors, digital population, to telecom companies that deliver impressive digital experiences to their customers.

Telkom Indonesia and Indosat Ooredoo Hutchison (IOH) as the leading telecommunications companies in Indonesia are committed to providing the best customer experience for Indonesia's digital community and taking part in Indonesia's digital economy. The two companies contribute to the digital economy by bringing their own digital innovations, increasing digital literacy, and accelerating the digital ecosystem in Indonesia.

"Telkom as a digitalization locomotive in Indonesia always wants to expand its role to accelerate national technology adoption and drive Indonesia's digital economy, one of which is through collaboration with IOH. This collaboration is expected to increase service quality and coverage, further accelerating the adoption of technologies such as 5G, Internet of Things, and the industrial metaverse, which will become the backbone of the Indonesian economy in the future. Eventually, Telkom always strives to realize President Joko Widodo's vision for Indonesia 2045," Telkom Indonesia President Director Ririek Adriansyah said.

"IOH was born with a greater purpose to connect and empower Indonesians by accelerating the nation's digital transformation. We are inspired by Indonesia's strong philosophy, gotong royong, which includes the belief that team collaboration will generate great benefits. Today's collaboration with Telkom Indonesia is one of our efforts to provide an extraordinary and world-class digital experience to all customers while accelerating Indonesia's digital transformation," President Director and CEO of Indosat Ooredoo Hutchison, Vikram Sinha, said.

Telkom Indonesia and IOH are trying to create innovations for digital solutions, as well as exploring the possibility of partnerships with global technology companies to empower small and medium enterprises and even large companies to grow even bigger.

Telkom Indonesia and IOH also aim to increase digital literacy for the sustainability of digital business in Indonesia. The companies are committed to empowering more human resources in Indonesia with digital talents to accelerate national economic growth through digitalization.

Telkom Indonesia and IOH will continue to play an important role in accelerating the digital ecosystem in Indonesia through collaboration and product and service development. This collaboration will overcome the challenges of the digital society while providing an extraordinary experience for every Indonesian.

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