Jakarta, 9 February 2022 – PT Telkom Indonesia (Persero) Tbk (Telkom) is listed again as the only Indonesian company in the Global 500 2022 Most Valuable Brand (company with the most valuable brand) issued by an international brand valuation consultant, Brand Finance. With a brand value of US$4.69 billion and an enterprise value of US$30.44 billion, Telkom ranks 490th on the list, outperforming other brands from various countries. This is the fifth time Telkom has been listed among the global ranks of world-class prestigious companies such as Apple, TikTok, Amazon, Google, and others.

“It is a pride and honor for Telkom to be among the ranks of the world's best companies. This achievement is proof that Telkom's transformation steps are on the right track and are starting to yield results. In the last two years, Telkom has been aggressively accelerating the company's transformation into a digital telco and structuring its portfolio for optimal value creation not only for the company but also for stakeholders, the nation, and the state," Telkom President Director, Ririek Adriansyah said in Jakarta (9/09). 2).

Ririek said that Telkom focuses on running three digital business domains; digital connectivity, digital platforms, and digital services. Country-wide infrastructure is an added value for Telkom in utilizing its connectivity to develop digital platforms and various digital products and services for all customer segments.

“Brand value is a benchmark of the public and customers, investors, and various parties in viewing the company's services and products. Telkom's success proves the company's commitment to be on par with world-class companies in optimally serving customers and the community. This will serve as a mandate for us to continue innovation, collaboration, and also to maintain the customers, stakeholders, and investors trust and satisfaction," Ririek said.

The Brand Finance Global 500 is a brand valuation rating that Brand Finance compiles annually. To compile the list, Brand Finance assessed more than 5,000 brands in 26 countries and covered 29 sectors. The brand value score is obtained by using a methodology that assesses brand impact and brand strength. Meanwhile, brand strength is measured from the balanced scorecard matrix between marketing investment, stakeholder equity, and business performance.

Telkom Wins 1st Rank in Indonesia's Most Valuable Brand 2021

In addition to this brand value achievement, Telkom on Tuesday, 8 February 2022 was awarded the first rank for Indonesia's Most Valuable Brand 2021, in which Telkom's brand valuation exceeds other companies' brand values in Indonesia. Telkom is recognized as having an AAA brand rating and a Brand Strength Index (BSI) of 87.1 out of 100 for the Telkom brand. This makes Telkom a digital telecommunications company with the most powerful brand in Indonesia.

“On behalf of the Board of Directors and all Telkom employees, we thank you for your trust to award us as the 2021 Indonesia's Most Valuable Brand. This achievement is a motivation for Telkom in carrying out its role as the leading digital telco. We will also continue to maintain and improve the quality and value of the company's brand in order to strengthen the company's position as a world-class digital telco," Telkom SVP Corporate Communication & Investor Relations Ahmad Reza said.

By the third quarter of 2021, Telkom had successfully yielded Rp18.9 trillion in consolidated net profit, or grew by 13.1% annually. The company's consolidated revenue grew 6.1% year-on-year to Rp106 trillion. At the same time, the company's profit before interest, tax, depreciation and amortization (EBITDA) grew 8.1% YoY to Rp57.9 trillion. EBITDA margin and net profit margin also increased to 54.6% and 17.8% in the same period.

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