LinkNet

PT Link Net Tbk, based in Indonesia, specializes in high-speed broadband internet and digital television services for residential and commercial clients, leveraging advanced fiber optic networks to meet the growing digital demands. Founded in 1996, PT Link Net Tbk operates primarily in Jakarta, Indonesia, providing internet and television services. The company has undergone a financial restructuring process as of May 2023 after filing for bankruptcy protection. The current leadership includes CEOs Eko Kristanto and Marlo Budiman.

The company has secured a total of IDR 8,720,000 mn from various funding rounds, with the most recent investment from Axiata Group and PT XL Axiata Tbk as part of the LP Direct round. PT Link Net Tbk specializes in providing high-speed broadband internet services and digital television solutions to both residential and commercial clients. The company operates its core offerings through advanced fiber optic networks, delivering reliable internet connectivity that caters to the growing demands of the digital age. Their services are designed to enhance user experiences in various applications, including online gaming, streaming, and telecommuting, addressing the increasing necessity for seamless digital communication.

Targeting urban and suburban areas across Indonesia, PT Link Net Tbk serves a diverse client base that includes households, businesses, and educational institutions, ensuring that they remain at the forefront of Indonesia's digital growth. In 2022, PT Link Net Tbk reported a revenue of IDR 294,758,285. 80 mn and an EBITDA of IDR 141,782,804. 60 mn.

The company's revenue model is primarily based on subscription fees for its internet and television services, typically arranged through monthly service agreements, tailored to specific service tiers that vary based on bandwidth and channel selection. Following the funding received in May 2023, PT Link Net Tbk intends to utilize this capital to enhance its infrastructure, focusing on increasing the number of homes passed, which is crucial for Axiata Group's fixed broadband and FMC strategy. The company is also exploring new product launches and market expansions, although specific details on new offerings and targeted regions have yet to be disclosed.