Jakarta -โ Telkom, aโ shareholder in GOTO, stated it currently has noโข specific direction regarding teh โคpotential merger between GOTO and Grab, following recent discussion sparked by โDanantara Investment Management Agency’s response. The statement comes as market speculation intensifies around a โคpossible consolidationโ of the two Southeastโค Asian tech giants.
Telkom’s Director of Strategic Business Development Portfolio,Seno Soemadji,revealed the company’s position during an Executive Media โBriefing at the Telkomโค Landmark Tower โBuilding in Jakarta on Monday,December 1,2025. He appeared alongside Telkom’s โฃdirector of Financeโ and Risk Management,Arthur Angeloโ Syailendra. The potential merger raises questions about Telkom’s stake inโ GOTO and whether theโค company will divest it’s shares.
“Regarding GOTO and Grab, frankly, thisโฃ is still in the early stages. We still don’t have specific directions,” Seno said. While acknowledging the promising market potential โขof aโ combined โฃGOTO and โGrab, Senoโ cautioned that it was premature forโค Telkom to comment further. “Iโฃ think there โis potential thatโ we can get from various kinds of collaborations that โคcan be carried out. There is synergy โthat we can create โขfrom there,” โhe added.
The discussion follows comments from Rosan perkasa Roeslani Perkasa, CEO of Danantara Investment Management Agency, whoโ indicated Danantara is awaiting official โฃdevelopments and remains open โto participating in theโ merger process, should GOTO and Grab invite their involvement. “We โฃleave it to the process, Grabโค and GOTO are running. They told โขus that Danantara is also open to participating,” Rosanโข stated after the Bank Indonesia Annual โขMeeting on November 28.
