In 2023, Telkom Indonesia took the second spot of the most valuable brands in Indonesia, with a brand value of approximately four billion U.S. dollars. Telkom Indonesia, also known as PT Telekomunikasi Indonesia (Persero) Tbk, is an Indonesian state-owned holding company engaging in telecommunications, information, and technology services.
Even though Telkom Indonesia is the largest and oldest Indonesian telecommunications company with a total revenue in the trillion Indonesian rupiah figures, there are two other major players in the industry. The first is Indosat Ooredoo, owned by a Qatari international telecommunications company, which witnessed a plunge in its operating revenue in 2018. The second is XL Axiata, owned by a Malaysian telecommunications conglomerate Axiata Group Berhad, with increasing values of gross revenue since 2016.
Brand value of the most valuable Indonesian brands in 2023
(in million U.S. dollars)
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Brand Finance. (June 8, 2023). Brand value of the most valuable Indonesian brands in 2023 (in million U.S. dollars) [Graph]. In Statista. Retrieved July 27, 2024, from https://www.statista.com/statistics/381351/brand-value-most-valuable-indonesian-brands/
Brand Finance. "Brand value of the most valuable Indonesian brands in 2023 (in million U.S. dollars)." Chart. June 8, 2023. Statista. Accessed July 27, 2024. https://www.statista.com/statistics/381351/brand-value-most-valuable-indonesian-brands/
Brand Finance. (2023). Brand value of the most valuable Indonesian brands in 2023 (in million U.S. dollars). Statista. Statista Inc.. Accessed: July 27, 2024. https://www.statista.com/statistics/381351/brand-value-most-valuable-indonesian-brands/
Brand Finance. "Brand Value of The Most Valuable Indonesian Brands in 2023 (in Million U.S. Dollars)." Statista, Statista Inc., 8 Jun 2023, https://www.statista.com/statistics/381351/brand-value-most-valuable-indonesian-brands/
Brand Finance, Brand value of the most valuable Indonesian brands in 2023 (in million U.S. dollars) Statista, https://www.statista.com/statistics/381351/brand-value-most-valuable-indonesian-brands/ (last visited July 27, 2024)
Brand value of the most valuable Indonesian brands in 2023 (in million U.S. dollars) [Graph], Brand Finance, June 8, 2023. [Online]. Available: https://www.statista.com/statistics/381351/brand-value-most-valuable-indonesian-brands/