PT Media Nusantara Data Global (MNDG), a data center subsidiary of PT Telkom Indonesia (Persero) Tbk (TLKM), has been declared bankrupt by the Commercial Court at the Central Jakarta District Court, according to Telkom's financial report for the period ended June 30, 2026. (04/08)

Telkom stated that the bankruptcy followed Commercial Court Decision No. 370/Pdt.Sus-PKPU/2025/PN.Niaga.Jkt.Pst dated January 26, 2026, after a petition was filed by PT Karyagraha Nusantara.

The company said MNDG was initially placed under the Suspension of Debt Payment Obligations (PKPU).

"Subsequently, on May 25, 2026, MNDG was declared bankrupt based on the decision of the Commercial Court at the Central Jakarta District Court," Telkom wrote.

MNDG is a Telkom subsidiary in which Telkom owns a 55% stake.

The company provides computer hardware and software consulting services, data center services, and internet exchange services. It began commercial operations in 2012.

Katadata.co.id requested further information regarding Telkom's next steps. However, Telkom Vice President of Corporate Communication Andri Herawan Sasoko had not responded at the time the original report was published.

Telkom Continues Portfolio Restructuring

Separately, Telkom is continuing its business portfolio restructuring.

According to Stockbit Sekuritas, the company had completed two divestments, two mergers, and closed eight business units by the end of the second quarter of 2026.

The divestment of healthcare businesses AdMedika and Telkomedika generated an after-tax profit of approximately Rp429 billion.

By the end of 2026, Telkom targets the completion of six divestments, two mergers, and four business closures.

For its data center business, the company's management said it is still seeking a strategic partner, with the value unlocking process targeted for completion before the end of 2026.

Telkom Reports Higher First-Half 2026 Earnings

Telkom recorded consolidated net profit of Rp10.6 trillion in the first half of 2026, up 1.4% compared with the same period last year.

The company reported consolidated revenue of Rp75.9 trillion, an increase of 3.9% year-on-year, while EBITDA rose 3.8% to Rp37.5 trillion.

Normalized net profit reached Rp11.3 trillion, increasing 6.2% year-on-year.

In the B2C segment, which includes mobile and fixed broadband services, Telkomsel's revenue increased 3.3% to Rp55.6 trillion.

The company said the growth was supported by an 11% increase in Digital Business Data revenue.

Mobile Average Revenue Per User (ARPU) rose 9% to Rp45,600. Data payload also increased alongside higher digital consumption during the school holiday period and the 2026 World Cup.

In the fixed broadband segment, IndiHome subscribers declined to 9.5 million from 10.1 million in the first half of 2025.

Despite the decline in subscribers, IndiHome's ARPU increased 3.4% quarter-on-quarter to Rp211,000, while the convergence ratio improved to 65%.

PHOTO: TELKOM

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