Telkom Indonesia shareholders approve partial wholesale fiber connectivity spin-off plan

• Telkom held an extraordinary shareholder meeting on Sept. 30, 2026.
• Shareholders backed a partial spin-off of the wholesale fiber connectivity business segment, Phase 2, to subsidiary Telkom Infrastruktur Indonesia.
• The resolution authorizes the transaction plan; execution is set to take effect only once required conditions are met.
• Investors also endorsed an increase in Telkom’s capital contribution to Telkom Infrastruktur Indonesia, sourced from the Phase 2 spin-off at fair value.
• The meeting also adopted changes to the company’s board composition.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. PT Telkom Indonesia (Persero) Tbk published the original content used to generate this news brief via Indonesia Stock Exchange (IDX) (Ref. ID: 32162739) on October 02, 2026, and is solely responsible for the information contained therein.