PT Solusi Sinergi Digital Tbk (IDX: WIFI), known as Surge, recorded a 182.18% year-on-year (YoY) increase in net profit attributable to the owners of the parent entity in the first quarter of 2025, reaching IDR 82.6 billion.

The company’s performance reflects the success of its expansion strategy through its Internet Rakyat program, which provides affordable high-speed internet for all layers of society.

Revenue rose 65.66% YoY to IDR 231.56 billion. Gross profit increased 118% YoY to IDR 174.2 billion. Operating profit climbed 114% YoY to IDR 137.5 billion. EBITDA grew 81% YoY to IDR 180.3 billion.

Total residential subscribers reached 249,000 as of March 31, 2025.

Core Segments: Connectivity and Digital Advertising

Surge’s performance was supported by growth in two main business segments.

Revenue from connectivity services rose 104.4% YoY to IDR 132.4 billion, reinforcing Surge’s role as a provider of fast and stable internet across Indonesia.

Digital advertising services recorded revenue of IDR 99.3 billion, increasing 30.7% YoY. The growth reflects the rising adoption of digital technologies across sectors.

“This profit surge is not just a financial milestone—it reflects the real impact our services have on society. We will continue to innovate and expand the reach of Internet Rakyat, because every Indonesian deserves fast, stable, and affordable digital access,” said Yune Marketatmo, President Director of Surge.

Backbone and Broadband Rollout Expand Nationwide

In 2025, Surge is focusing on two infrastructure priorities. The company is expanding its national fiber optic backbone to connect more intercity routes, transit hubs, and commercial corridors.

Surge is also scaling residential broadband deployment across more than 400 railway stations in Java and surrounding regions.

This rollout is in collaboration with over 500 local ISPs and contractors, enabling cost-efficient network expansion and reaching underserved communities.

PHOTO: FREEPIK

This article was created with AI assistance.