Telkomsel’s Controversial Investment
Monday, 30 May 2022
Telkom suffers a loss from Telkomsel’s investment in GoTo. Some believe that the new investment may have been used to repurchase shares from old investors.
TELEKOMUNIKASI Indonesia’s (Telkom) financial report for the first quarter of this year has dragged the company into a polemic. The problem is not in a red balance sheet, considering that Telkom managed to make Rp6.12 trillion in profit during this period. It is the phrase “unrealized loss” of Rp881 billion as a result of the company’s investment in GoTO Gojek Tokopedia. “If traced to the beginning, there should have
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