Telkom President Director Ririek Adriansyah (center) received the award that acknowledges Telkom Indonesia as Indonesia's Most Valuable Brand 2019. The award was handed over by Editor-in-Chief of SWA magazine  Kemal E. Gani (right) and Brand Finance Asia Pasifik Managing Director Samir Dixit (left) in Jakarta, Wednesday (12/6).

In addition to being ranked first among most valuable companies in Indonesia, Telkom Indonesia is the only Indonesian company included in the global list of 500 most valuable brands according to the 2019 Brand Finance Global 500 list, with a Brand Value of USD 4.615 billion, scored 85.54 in Brand Strength Index, with a Triple-A (AAA) in Brand Rating
 

Telkom President Director Ririek Adriansyah attended Indonesia's Most Valuable Brand 2019 award night held in Jakarta, Wednesday (12/6).

Telkom Indonesia ranks first  in the list of Indonesia's 2019 Most Valuable Brand and is the only Indonesian company included in the global list of 500 most valuable brands according to the 2019 Brand Finance Global 500 list. 
 

Jakarta, 13 June 2019 – PT Telkom Indonesia (Persero) Tbk (Telkom) won the 2019 Indonesia's Most Valuable Brand award and the recognition attests the company’s commitment to innovation in order to continuously improve the corporate and brand values. SWA Editor in Chief, Kemal E. Gani, accompanied by the Director Asia Pacific Brand Finance Manager, Samir Dixit,  handed over the award Telkom President Director Ririek Adriansyah at the Shangri-La Hotel, Jakarta (12/6). Telkom was once again ranked first among the most valuable companies in Indonesia, with a Brand Value of USD 4.615 billion, scored 85.54 in Brand Strength Index, with a Triple A (AAA) in Brand Rating.
 
Indonesia’s Most Valuable Brand 2019 is a list that ranks 100 corporate brands assessed by an independent international research institute Brand Finance in collaboration with SWA Magazine. The brand value rank is derived by calculating the brand strength index, brand royalty rate, and brand revenue. The assessment also pays attention to the corporate brand and product brand.
 
Telkom President Director Ririek Adriansyah said Telkom is transforming and strengthening its position as a digital telecommunications company. The transformation is expected to be a force for Telkom in the future in providing the best service in order to boost customers and other stakeholders’ trust and loyalty. 
 
“Telkom continues to strengthen its digital business capabilities through digital business revenue growth, which is a major contributor to company revenue and is supported by investment in sustainable broadband infrastructure. This is also Telkom's effort to continuously build and enhance the company's brand. Telkom is constantly innovating to increase public acceptance of its products and services,” Ririek said. 
 
In the first quarter of 2019, Telkom recorded a much better performance compared to the same period last year. Telkom posted consolidated revenue of Rp34.84 trillion, grew 7.7% compared to the first quarter of 2018. Earnings Before Interest Tax Depreciation Amortization (EBITDA) also increased by 8.8% to Rp17.53 trillion, as well as its net income, which recorded an 8.5% increase compared to the same period last year to Rp6.22 trillion.
 
Apart from ranking brands in Indonesia, Brand Finance also issues a ranking of Global Finance Brand 500 in 2019, where Telkom ranks 442nd and is the only Indonesian company included in the global list of most valuable brands. Moreover, Telkom also ranked first in Southeast Asia and ranked 36th globally in Telecom 300 or a list of the most powerful and valuable telecommunications brand.
 
"This achievement is a calibration for Telkom and ensures that we are on the right track. Being appreciated as the Most Valuable Brand has certainly made Telkom more confident in improving the quality and value of its brand in order to strengthen Telkom's position as a world-class operator," said Ririek.