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Data Center and Mobile Expansion Support TLKM's Outlook in 2026, Check the Recommendation
Telkom Indonesia (TLKM) shows strong long-term prospects despite current financial pressures, driven by aggressive data center expansion, improved cellular industry structure, and strength in its cellular and fixed mobile convergence (FMC) segments. The company’s Hyperscale Data Center Batam and optimized local data centers are key growth drivers, with analysts recommending “Hold” to “Buy” ratings and target prices up to Rp 4,100 per share, expecting revenue growth and sustained profitability through 2026.