Telkom Indonesia explores US$1.5bn stake sale in NeutraDC
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Telkom Indonesia is reportedly considering the sale of a significant stake in its data centre arm NeutraDC, in a move that could raise around US$1.5 billion.
According to Bloomberg, the operator has appointed financial advisers and is in the early stages of discussions with potential buyers. The potential divestment comes amid surging demand for AI-driven computing, which has driven up the value of data centre capacity and related infrastructure.
NeutraDC operates 34 data centres across Indonesia and Singapore. The company has previously said it is building two additional hyperscale facilities, adding to an existing hyperscale site in Jakarta, as it seeks to capitalise on growing demand for cloud and AI workloads.
The possible stake sale would mark Telkom Indonesia’s latest portfolio reshuffle. In October last year, the operator divested its wholesale fibre connectivity unit, Telekom Infrastruktur Indonesia, for IDR35.8 billion (US$2.1 billion), as it continues to optimise assets and unlock value from its infrastructure business.
