Moratelindo merges with MyRepublic Indonesia to accelerate equitable development of digital ecosystem in Indonesia

PT Mora Telematika Indonesia Tbk (Moratelindo) and PT Eka Mas Republik (MyRepublic Indonesia) have on Thursday announced strategic merger to accelerate equitable development of digital ecosystem in Indonesia. The duo said in a statement that they have reached a definitive agreement to merge, whereby Moratelindo will be the surviving entity, and its name will change to PT Ekamas Mora Republik Tbk. The merger will enable PT Ekamas Mora Republik Tbk to become a stronger and more competitive entity, with capabilities neither company could achieve on its own. The strategic move marks a significant milestone for Indonesia’s telecommunications sector and is expected to strengthen the country’s broader digital ecosystem. Krisnan Cahya, President Director of PT Dian Swastatika Sentosa Tbk, explained that the merger is a strategic step towards advancing Indonesia’s digital transformation agenda. “I believe this merger is a step to support Indonesia’s digital agenda in advancing the equitable development of the digital ecosystem across the country, “Through strengthened network reach and continuous rollout, we can help drive an inclusive and sustainable local digital ecosystem,” said Krisnan Cahya, President Director of PT Dian Swastatika Sentosa Tbk. It is noted that Moratelindo, an experienced Network Access Provider and Internet Service Provider established in 2000, is among the largest fiber-optic backbone service providers in Indonesia. As of September 2025, the firm operates more than 57,000 kilometers of fiber-optic cable, manages six data centers with 3.3 megawatts of capacity, serves more than 16,800 enterprise customers, and powers almost a million home passes nationwide with more than 296,000 retail customers. MyRepublic Indonesia, a subsidiary of PT Dian Swastatika Sentosa Tbk, is a leading fiber-to-the-home (FTTH) network service provider. As of September 2025, MyRepublic Indonesia delivers high-speed internet connectivity of up to 1 Gbps to more than 1.52 million end users. Its network spans over 58,000 kilometers of fiber-optic cables and covers more than 8.7 million homepasses across Indonesia. “We view this merger as a transformative step that will realize our vision to become a leading integrated infrastructure and digital service provider in Indonesia, “The new entity will be at the forefront of Indonesia’s digital future. By uniting our complementary network footprints and infrastructure capabilities, we will be able to deliver faster, more reliable, and more expansive services for customers, while optimizing nationwide network expansion,” said Jimmy Kadir, President Director and Chief Executive Officer of Moratelindo. Timotius Max Sulaiman, President Director and Chief Executive Officer of MyRepublic Indonesia, said they expect this merger as a strategic step to create sustainable financial synergies through the optimization of operational costs and the avoidance of duplicative capital expenditures and infrastructure development. “This will be achieved through the utilization of network assets from backbone to the last mile, “These synergies will open up broader growth opportunities with increasingly greater potential,” he said. The merger plan has been approved by the board of directors and board of commissioners of both Moratelindo and MyRepublic Indonesia and is now pending approval from the regulators and shareholders. Subject to these approvals and requirements, the transaction is expected to be completed in the first half of 2026. Redpeak Advisers has been retained as the exclusive financial advisor for the transaction. During the integration process, all parties involved are committed to ensuring a smooth and professional transition for employees, customers, and partners. The combination of the two entities’ financial, operational, and strategic strengths through this merger is expected to strengthen their collective capacity to enhance services, accelerate and promote the equitable development of Indonesia’s digital ecosystem, and create greater value for all stakeholders, including customers, employees, the nation, and shareholders, said the statement. Airwallex acquires majority stake in Indonesian payments company Skye Sab