- Business
- PT Indoritel Makmur Internasional Tbk is an investment holding company that manages a diversified portfolio primarily focused on consumer retail, fast food, bakery, and fiber optic infrastructure sectors in Indonesia. The company holds a 71.97% stake in subsidiary PT Mega Akses Persada (FiberStar), which develops and operates neutral fiber optic network infrastructure for corporate and home broadband customers including FTTH services; it also maintains significant investments in associates comprising a 40% stake in PT Indomarco Prismatama (Indomaret), Indonesia's leading convenience store retail chain; a 35.84% stake in PT Fastfood Indonesia Tbk (FAST), operator of Kentucky Fried Chicken (KFC) branded fast food restaurants; and a 25.77% stake in PT Nippon Indosari Corpindo Tbk (ROTI), producer of Sari Roti branded bakery products. Through these entities, Indoritel provides exposure to optical fiber-based telecommunication data connection services across corporate, retail broadband, and other segments including installation, repair, maintenance, access point rentals, general trading, agency, and e-commerce activities, all concentrated in the Indonesian market. Founded in 1995 and headquartered at Wisma Indocement, 10th Floor, Jl. Jend. Sudirman Kav. 70-71, South Jakarta, Indonesia, the company formerly operated as PT Dyviacom Intrabumi Tbk and underwent a pivotal transformation in June 2013 with a rights issue raising Rp7 trillion (US$705 million), enabling strategic associate investments, a name change to PT Indoritel Makmur Internasional Tbk, and divestment of its original ISP business under the DNET brand; subsequent diversification continued in 2015 via the FiberStar acquisition to bolster infrastructure capabilities. Recent developments include robust financial performance with net profit surging to Rp838.7 billion in Q3 2025 from Rp745.1 billion year-over-year, alongside an annual dividend announcement payable July 30, 2025, a term loan facility from Bank Mandiri, and a shareholder stake transaction where Windsor Investment Fund Limited acquired a 2.47% interest from Treasure East Investments Limited for approximately IDR 360 billion, underscoring ongoing capital market activity and liquidity enhancements.