Economist: Telkomsel’s Corporate Action to Gojek is Necessary to Stay Competitive in Global Field

On the other side, Indonesia’s internet economy continues roaring high, reaching $70B and signifying an optimistic projection of $146B according to the e-Conomy SEA 2021 report by Google, Temasek, and Bain. 

Harris Turino, an economist and member of The House of Representatives of the Republic of Indonesia, Commission VI, also a working committee member in Indonesia’s Stated Owned Enterprise investment in sharing economy company, explained his view. 

Baca Juga: Investasi Telkomsel di GoTo Dinilai Tepat Demi Memanfaatkan Pertumbuhan Ekonomi Digital

He stated that corporate action-wise, the Telkomsel investment in Gojek is necessary to overcome the voice and message business and global telco trend that continues to decline. Telkom needs to find a new revenue stream that will support its sustainable business growth as a telco company.

The investment in Gojek, the largest base ride-hailing in Indonesia, brought synergy more than business profit. Harris stated that the collaboration between these two giants company could bring social and economic value to the more extensive base. For instance, they could collaborate on a synergy program where gojek drivers or SMEs use Telkomsel as their provider and provide special packages.