# Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk (TLK)

> Source: Nexqual · https://nexqual.com/TLK · data as of 2026-10-22 20:00 UTC · cite as "Nexqual, Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk (TLK), nexqual.com/TLK" · informational, not investment advice.

**Price:** USD 12.21 (+3.65% on the day) · last close of Oct 22, 2026; US market pre market, not a live price. Prev close 11.78 · day 12.06–12.24 · 52w 10.15–23.52 · market cap $12.0B · NYQ

## Key facts
- Analysts: Buy (mean 2.00 on a 1–5 scale) (1 analysts), mean target USD 17 (range 17–17).
- Total return with dividends: 1Y -34.9% vs S&P 500 +14.9%; 5Y -39.7% vs S&P 500 +80.3%.
- Next earnings: 2026-10-29, EPS estimate USD —, revenue estimate $38.17T.

## Analysts
Consensus Buy (mean 2.00 on a 1–5 scale), 1 analysts; mean target USD 17 (low 17, high 17).

## Total return (dividends reinvested)
|  | 1Y (from 2025-10-23) | 5Y (from 2021-10-18) |
|---|---|---|
| Total return | -34.9% | -39.7% |
| S&P 500 (SPY) | +14.9% | +80.3% |
| Per year | -35.0% | -9.6% |
| Volatility (annualized) | 37.3% | 26.7% |
| Max drawdown | -51.7% (Jan 2026→Oct 2026) | -55.1% (Apr 2022→Oct 2026) |

## Peers (Telecom Services)
TIGO (Millicom International Cellular) USD 79.93 -2.11% · TU (Telus Corporation) USD 8.86 +5.73% · CHTR (Charter Communications, Inc.) USD 111.77 +4.20% · RCI (Rogers Communication, Inc.) USD 33.2 +4.57% · BCE (BCE, Inc.) USD 20.81 +4.15% · VIV (Telefonica Brasil S.A.) USD 13.08 +1.24%

## More
Full page: https://nexqual.com/TLK · Free keyless MCP server with the same data and citations: https://mcp.nexqual.com/mcp · Guide for agents: https://nexqual.com/agents · https://nexqual.com/llms.txt

## Supply chain and relationships (SEC annual reports)

Named in TLK's own 20-F filed 2026-05-15 (https://www.sec.gov/Archives/edgar/data/1001807/000110465926062051/tmb-20251231x20f.htm):

| Relationship | Company | Sentence in the filing |
|---|---|---|
| Supplier | Huawei | "We rely on a limited number of leading international telecommunications equipment manufacturers, including Huawei, ZTE Corporation and Ericsson, for equipment and services required to maintain and expand the infrastructu…" |
| Supplier | ZTE | "We rely on a limited number of leading international telecommunications equipment manufacturers, including Huawei, ZTE Corporation and Ericsson, for equipment and services required to maintain and expand the infrastructu…" |
| Customer | AMD (AMD) | "NeutraDC has also entered into agreements with Advanced Micro Devices and Cirrascale Cloud Services in 2024 to deliver accelerator infrastructure and GPU-as-a-Service capabilities for regional customers, including those …" |
| Customer | Walt Disney (DIS) | "For example, we promote digital touchpoints for IndiHome customers, which offer bundled packages that may include services such as Disney+ Hotstar, Indibox (a source of value-added services such as video content and game…" |
| Partner | SpaceX | "In May 2024, Telkomsat became an authorized Starlink reseller in Indonesia, having previously collaborated with SpaceX's Starlink to provide backhaul services." |
| Partner | Meta Platforms (META) | "In 2024, Telin expanded its CPaaS offering through the launch of WABA for Business in partnership with Meta, strengthening its position in over-the-top ("OTT")-based communication services for wholesale and enterprise cu…" |
| Partner | Microsoft (MSFT) | "We also established strategic partnerships with several global technology companies such as Microsoft." |
| Partner | KT | "In November 2023, we collaborated with KT Corp, a South Korean telecommunications company, to form a joint task force team to generate a business model for the data centers in Nusantara, Indonesia's new capital." |
| Partner | Cisco (CSCO) | "In 2025, NeutraDC entered into a strategic partnership with Sembcorp Development Ltd. to develop low-carbon data centers across Southeast Asia, alongside ongoing collaborations with NAVER Cloud and Cisco to support cloud…" |
| Competitor | Equinix (EQIX) | "Companies such as Equinix/NTT Communication, EDGE Connex, Biznet, DCI Indonesia, Elitery, Nex-center/CBN Nusantara, Pure DC, BDx/IOH provide data center solutions in Indonesia and compete with us." |

## Analyst estimates and revisions

| Period | EPS est. | 90d ago | Change | Revenue est. | Analysts |
|---|---|---|---|---|---|
| Current quarter (ends 2026-09-30) | — | — | — | $38.17T | — |
| Next quarter (ends 2026-12-31) | — | — | — | $37.97T | — |
| Current fiscal year (ends 2026-12-31) | $1.18 | $1.39 | -15.4% | $150.12T | 1 |
| Next fiscal year (ends 2027-12-31) | $1.23 | $0.00 | — | $155.03T | 1 |