JAKARTA (Yosefardi) – PT Telekomunikasi Indonesia Tbk (TLKM) had earlier this year expanded its IT enabled services to Australia, and targets to book revenue of US$4 million or Rp40 billion from Australia.

Telkom Australia is part of PT Telekomunikasi Indonesia Internasional (Telin), subsidiary of Telkom. Telin also has business in Hong Kong, Singapore and Timor Leste.

Telkom also plans to invest in Malaysia, Makau, Taiwan, South Korea, Arab Saudi and Myanmar.

Telkom shares lost 3.6% to Rp10,600 per share in the morning trade. The stock had gained 18% year to date.