Strengthening its Position to Become a Market Leader, NeutraDC Completes the Consolidation of Telin Singapore's Data Centre Business

Telkom’s efforts to strengthen capabilities and increase the value of the Data Centre business.

Strengthening its Position to Become a Market Leader, NeutraDC Completes the Consolidation of Telin Singapore's Data Centre Business

Singapore, February 29, 2024 – Telkom Group’s subsidiary which focuses on the Data Centre business, NeutraDC (PT Telkom Data Ekosistem), has completed the process of consolidating the Data Centre business previously managed by Telin Singapore on Thursday, February 29 2024. This step further emphasizes NeutraDC's commitment and position as it enters its second year in early March, striving to become a leading regional player in the Data Centre ecosystem.

It will further reinforce Telkom's strategic plan to develop its digital platform business portfolio and the company's need to strengthen its digital connectivity business portfolio, especially the International Connectivity business. Telkom Indonesia’s Group Business Development Director, Honesti Basyir stated, "The consolidation of Telin’s Data Centre business in Singapore to NeutraDC is carried out in support of the business development and operations of NeutraDC's Data Centre business in the region for the future."

This consolidation is part of the roadmap to unlock Telkom's Data Centre business, which is expected to provide optimal value for Telkom as the parent company. As disclosed by Telkom Indonesia's Strategic Portfolio Director, Budi Setyawan Wijaya,"The consolidation of Telin’s Data Centre business in Singapore to NeutraDC is carried out in the context of structuring Telkom’s Data Centre portfolio in the region into NeutraDC, thus supporting Telkom's strategic plan for unlocking its Data Centre business."

The journey to complete this consolidation has gone through a number of stages. Starting on December 7 2023, NeutraDC established a new subsidiary, namely NeutraDC Singapore Pte. Ltd. This step also shows NeutraDC's commitment to continue improving services and innovation for customers at the regional level. "Through NeutraDC Singapore, we not only offer reliable services, but also enable customers to develop in an increasingly complex digital era," said CEO of NeutraDC Singapore, Sendang Praptomo.

Telin's Chief Executive Officer, Budi Satria Dharma Purba added, "This achievement marks an important moment for Telin in Singapore and TDE. We appreciate the hard work of both companies in the realization of Telkom's strategy and the restructuring of our business portfolio. Moving forward Telin will focus on the connectivity business, more investment on the international subsea cable, where Telin Singapore will be the key investment arm to achieve outstanding performance and competitiveness."

As we embark on this new chapter with the Data Centre business, I extend my heartfelt congratulations to NeutraDC on this significant milestone. With NeutraDC leading the way, we hope its capabilities and commitment will drive excellence, unparalleled success, and growth. Wishing all of us the very best in this exciting venture!”, concluded Indarto, CEO of Telin in Singapore.

Data Centre consolidation is an important milestone in the company's transformation efforts, therefore it can focus more on improving capabilities and provide optimal service for its customers.

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