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GENERAL (Tables) | 12 Months Ended
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Dec. 31, 2018
GENERAL |
Summary of licenses |
License |  | License No. |  | Type of services |  | Grant date/latest renewal date
License of electronic money issuer |  | Bank Indonesia License No. 11/432/DASP |  | Electronic money |  | July 3, 2009
License of money remittance |  | Bank Indonesia License No. 11/23/bd/8 |  | Money remittance service |  | August 5, 2009
License to operate internet telephone services for public purpose |  | 127/KEP/DJPPI/ KOMINFO/3/2016 |  | Internet telephone services for public purpose |  | March 30, 2016
License to operate fixed domestic long distance network |  | 839/KEP/ M.KOMINFO/05/2016 |  | Fixed domestic long distance and basic telephone services network |  | May 16, 2016
License to operate fixed closed network |  | 844/KEP/ M.KOMINFO/05/2016 |  | Fixed closed network |  | May 16, 2016
License to operate fixed international network |  | 846/KEP/ M.KOMINFO/05/2016 |  | Fixed international and basic telephone services network |  | May 16, 2016
License to operate circuit switched based local fixed line network |  | 948/KEP/ M.KOMINFO/05/2016 |  | Circuit switched based local fixed line network |  | May 31, 2016
License to operate data communication system services |  | 191/KEP/DJPPI/ KOMINFO/10/2016 |  | Data communication system services |  | October 31, 2016
License to operate internet service provider |  | 2176/KEP/ M.KOMINFO/12/2016 |  | Internet service provider |  | December 30, 2016
License to operate content service provider |  | 1040/KEP/ M.KOMINFO/16/2017 |  | Content service provider |  | May 16, 2017
License for the implementation of internet Interconnection services |  | 1004/KEP/ M.KOMINFO/2018 |  | Interconnection services |  | December 26, 2018
Summary of Boards of Commissioners and Directors |
|  | 2017 |  | 2018 |
President Commissioner |  | Hendri Saparini |  | Hendri Saparini |
Commissioner |  | Rinaldi Firmansyah |  | Edwin Hidayat Abdullah |
Commissioner |  | Hadiyanto |  | Rinaldi Firmansyah |
Commissioner |  | — |  | Isa Rachmatarwata |
Independent Commissioner |  | Margiyono Darsasumarja |  | Margiyono Darsasumarja |
Independent Commissioner* |  | Dolfie Othniel Fredric Palit |  | — |
Independent Commissioner |  | Pamijati Pamela Johanna |  | Pamijati Pamela Johanna |
Independent Commissioner |  | Cahyana Ahmadjayadi |  | Cahyana Ahmadjayadi |
President Director |  | Alex Janangkih Sinaga |  | Alex Janangkih Sinaga |
Director of Finance |  | Harry Mozarta Zen |  | Harry Mozarta Zen |
Director of Digital and Strategic Portfolio |  | David Bangun |  | David Bangun |
Director of Enterprise and Business Service |  | Dian Rachmawan |  | Dian Rachmawan |
Director of Wholesale and International Service |  | Abdus Somad Arief |  | Abdus Somad Arief |
Director of Human Capital Management |  | Herdy Rosadi Harman |  | Herdy Rosadi Harman |
Director of Network, Information Technology and Solution |  | Zulhelfi Abidin |  | Zulhelfi Abidin |
Director of Consumer Service |  | Mas'ud Khamid |  | Siti Choiriana |
*Dolfie Othniel Fredric Palit has been appointed as a permanent candidate for the House Representatives of the Republic of Indonesia starting from September 20, 2018, hence his position as Commissioner of the Company was ended by law.
Summary of Audit Committee, Corporate Secretary, and Internal Audit |
|  | 2017 |  | 2018 |
Chairman |  | Margiyono Darsasumarja |  | Margiyono Darsasumarja |
Secretary |  | Tjatur Purwadi |  | Tjatur Purwadi |
Member |  | Rinaldi Firmansyah |  | Rinaldi Firmansyah |
Member |  | Dolfie Othniel Fredric Palit |  | — |
Member |  | Sarimin Mietra Sardi |  | Sarimin Mietra Sardi |
Member |  | Cahyana Ahmadjayadi |  | Cahyana Ahmadjayadi |
Corporate Secretary |  | Andi Setiawan |  | Andi Setiawan |
Internal Audit |  | Harry Suseno Hadisoebroto |  | Harry Suseno Hadisoebroto |
Summary of direct subsidiaries |
|  |  |  | Year of start of |  |  |  |  |  |  |  |
Subsidiary/place of |  |  |  | commercial |  | Percentage of ownership interest |  | Total assets before elimination
incorporation |  | Nature of business |  | operations |  | 2017 |  | 2018 |  | 2017 |  | 2018
PT Telekomunikasi Seluler (“Telkomsel”), Jakarta, Indonesia |  | Telecommunication - provides telecommunication facilities and mobile celuller services using Global Systems for Mobile Communication (“GSM”) technology |  | 1995 |  | 65 |  | 65 |  | 85,597 |  | 82,219
PT Multimedia Nusantara (“Metra”) Jakarta, Indonesia |  | Network telecommunication services and multimedia |  | 1998 |  | 100 |  | 100 |  | 13,246 |  | 17,123
PT Dayamitra Telekomunikasi (“Dayamitra”) Jakarta, Indonesia |  | Telecommunication |  | 1995 |  | 100 |  | 100 |  | 13,606 |  | 13,221
PT Telekomunikasi Indonesia International (“TII”), Jakarta, Indonesia |  | Telecommunication |  | 1995 |  | 100 |  | 100 |  | 9,122 |  | 10,404
PT Graha Sarana Duta (“GSD”), Jakarta, Indonesia |  | Leasing of offices and providing building management and maintenance services, civil consultant and developer |  | 1982 |  | 100 |  | 100 |  | 5,633 |  | 5,794
PT Telkom Akses (“Telkom Akses”) Jakarta, Indonesia |  | Construction, service and trade in the field of telecommunication |  | 2013 |  | 100 |  | 100 |  | 5,716 |  | 4,244
PT PINS Indonesia (“PINS”), Jakarta, Indonesia |  | Telecommunication construction and services |  | 1995 |  | 100 |  | 100 |  | 3,473 |  | 4,004
PT Infrastruktur Telekomunikasi Indonesia (“Telkom Infratel”), Jakarta, Indonesia |  | Construction, service and trade in the field of telecommunication |  | 2014 |  | 100 |  | 100 |  | 1,871 |  | 3,351
PT Telkom Satelit Indonesia (“Telkomsat”), previously PT Patra Telekomunikasi Indonesia Jakarta, Indonesia |  | Telecommunication - provides satellite communication system, services and facilities |  | 1996 |  | 100 |  | 100 |  | 574 |  | 3,190
PT Metra-Net (“Metra-Net”), Jakarta, Indonesia |  | Multimedia portal service |  | 2009 |  | 100 |  | 100 |  | 524 |  | 782
PT Jalin Pembayaran Nusantara (“Jalin”),Jakarta, Indonesia |  | Payment services - principals, switching, clearing and settlement activities |  | 2016 |  | 100 |  | 100 |  | 225 |  | 298
PT Napsindo Primatel Internasional (“Napsindo”), Jakarta, Indonesia |  | Telecommunication - provides Network Access Point, Voice Over Data and other related services |  | 1999; ceased operations on January 13, 2006 |  | 60 |  | 60 |  | 5 |  | 5
Summary of immediate indirect subsidiaries |
|  |  |  | Year of start of |  |  |  |  |  |  |  |
Subsidiary/place of |  |  |  | commercial |  | Percentage of ownership interest |  | Total assets before elimination
incorporation |  | Nature of business |  | operations |  | 2017 |  | 2018 |  | 2017 |  | 2018
PT Sigma Cipta Caraka (“Sigma”), Tangerang, Indonesia |  | Information technology service - system implementation and integration service, outsourcing and software license maintenance |  | 1988 |  | 100 |  | 100 |  | 6,050 |  | 7,758
Telekomunikasi Indonesia International Pte. Ltd., ("Telin Singapore") Singapore |  | Telecommunication |  | 2008 |  | 100 |  | 100 |  | 3,048 |  | 3,413
PT Infomedia Nusantara (“Infomedia”), Jakarta, Indonesia |  | Data and information service-provides telecommunication information services and other information services in the form of print and electronic media and call center services |  | 1984 |  | 100 |  | 100 |  | 2,115 |  | 2,381
PT Telkom Landmark Tower (“TLT”), Jakarta, Indonesia |  | Service for property development and management |  | 2012 |  | 55 |  | 55 |  | 2,009 |  | 2,128
PT Metra Digital Media (“MD Media”), Jakarta, Indonesia |  | Directory information services |  | 2013 |  | 100 |  | 100 |  | 1,106 |  | 1,645
Telekomunikasi Indonesia International Ltd., ("Telin Hongkong") Hong Kong |  | Telecommunication |  | 2010 |  | 100 |  | 100 |  | 710 |  | 1,185
PT Metra Digital Investama (“MDI”), Jakarta, Indonesia |  | Trading and/or providing service related to information and technology, multimedia, entertainment and investments |  | 2013 |  | 100 |  | 100 |  | 658 |  | 1,178
PT Finnet Indonesia (“Finnet”) Jakarta, Indonesia |  | Information technology services |  | 2006 |  | 60 |  | 60 |  | 907 |  | 1,011
TS Global Network Sdn. Bhd. (“TSGN”) Petaling Jaya, Malaysia |  | Satellite service |  | 1996 |  | 49 |  | 70 |  | 815 |  | 828
Telekomunikasi Indonesia International S.A. (“TL”), Dili, Timor Leste |  | Telecommunication |  | 2012 |  | 100 |  | 100 |  | 639 |  | 677
PT Swadharma Sarana Informatika ("Swadharma") Jakarta, Indonesia |  | System integrator services |  | 2001 |  | — |  | 51 |  | — |  | 461
PT Melon (“Melon”), Jakarta, Indonesia |  | Digital content exchange hub services |  | 2010 |  | 100 |  | 100 |  | 231 |  | 457
PT Administrasi Medika (“Ad Medika”), Jakarta, Indonesia |  | Health insurance administration services |  | 2002 |  | 100 |  | 100 |  | 273 |  | 346
PT Nusantara Sukses Investasi (”NSI”), Jakarta, Indonesia |  | Service and trading |  | 2014 |  | 100 |  | 100 |  | 300 |  | 286
PT Graha Yasa Selaras (“GYS”), Jakarta, Indonesia |  | Tourism service |  | 2012 |  | 51 |  | 51 |  | 178 |  | 250
PT Metraplasa (“Metraplasa”), Jakarta, Indonesia |  | Network and e-commerce services |  | 2012 |  | 60 |  | 60 |  | 203 |  | 167
Telekomunikasi Indonesia International Pty Ltd, ("Telkom Australia") Sydney, Australia |  | Telecommunication |  | 2013 |  | 100 |  | 100 |  | 123 |  | 115
PT Nutech Integrasi ("Nutech"), Jakarta, Indonesia |  | System integrator |  | 2001 |  | 60 |  | 60 |  | 60 |  | 93
Telekomunikasi Indonesia International (Malaysia) Sdn. Bhd (“Telin Malaysia”) Kuala Lumpur, Malaysia |  | Telecommunication |  | 2013 |  | 49 |  | 70 |  | 23 |  | 76
Telekomunikasi Indonesia International Inc. (“Telkom USA”), Los Angeles, USA |  | Telecommunication |  | 2014 |  | 100 |  | 100 |  | 36 |  | 57
PT Satelit Multimedia Indonesia (“SMI”), Jakarta, Indonesia |  | Satellite services |  | 2013 |  | 99.99 |  | 100.00 |  | 18 |  | 16
Schedule of fair values of identifiable assets and liabilities acquired at acquisition date |
|  | Total
Assets |  |
Cash and cash equivalents |  | 21
Trade receivables |  | 18
Other current assets |  | 57
Property and equipment (Note 12) |  | 770
Other non-current assets |  | 20
Liabilities |  |
Current liabilities |  | (422)
Non-current liabilities |  | (155)
Fair value of identifiable net assets acquired |  | 309
Fair value of non-controlling interest |  | (157)
Goodwill (Note 14) |  | 68
Fair value consideration transferred |  | 220

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