Indonesia Telecom Market Share

Market Share of Indonesia Telecom Industry

• The Indonesian telecom market is highly fragmented in nature. Some major players in the market studied are Telkom Indonesia, Indosat Ooredoo, XL Axiata, Smartfren Telecom, and Tri Indonesia. The market also hosts other internet service providers (ISPs), MVNOs, and fixed-line service providers. Some Indonesian telecommunication companies are competitive internationally and hold strong ground in the global telecom space.
• In July 2022, Telkom Smart teamed up with Tuya Smart to introduce its IoT services in Indonesia. Telkom introduced IndiHome Smart for the consumer market and sooltanCam for small and medium-sized businesses using Tuya's private IoT service deployment technology, Cube Solution.
• In January 2022, Asia Link Dewa Pte Ltd and PT First Media Tbk's equity holding in PT Link Net Tbk was acquired by Axiata Group Berhad and PT XL Axiata Tbk in a conditional share purchase agreement ("SPA"). The proposed acquisition strengthens Axiata's strategic entry into the untapped fixed broadband market and supports its Indonesian development goals.

Indonesia Telecom Market Leaders

1. Telkom Indonesia

2. Indosat Ooredoo

3. XL Axiata

4. Smartfren Telecom

5. Tri Indonesia

*Disclaimer: Major Players sorted in no particular order