Moratelindo and MyRepublic Indonesia Announce Strategic Merger to Accelerate Equitable Development of Digital Ecosystem in Indonesia
Press Release
Moratelindo and MyRepublic Indonesia Announce Strategic Merger to Accelerate Equitable Development of Digital Ecosystem in Indonesia
Jakarta, 18 December 2025 – PT Mora Telematika Indonesia Tbk (“Moratelindo”) (IDX: MORA) and PT Eka Mas Republik (“EMR” or “MyRepublic Indonesia”) 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.” Krisnan also conveyed his appreciation to all the stakeholders, especially customers, employees, regulators, and shareholders, for their trust and partnership.
Each company brings complementary capabilities to the merger. 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, Moratelindo operates more than 57,000 kilometers of fiber-optic cable, manages 6 data centers with 3.3 megawatts of capacity, serves more than 16,800 enterprise customers, and powers almost a million homepasses nationwide with more than 296,000 retail customers.
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MyRepublic Indonesia, a subsidiary of PT Dian Swastatika Sentosa Tbk (IDX: DSSA), 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.
Jimmy Kadir, President Director and Chief Executive Officer of Moratelindo said, “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 optimising nationwide network expansion.”
Merger Details:
● Moratelindo will remain as the surviving entity, while MyRepublic Indonesia will be consolidated into PT Ekamas Mora Republik Tbk.
● Upon completion of the merger, PT Dian Swastatika Sentosa Tbk (IDX: DSSA) will become the controlling shareholder of PT Ekamas Mora Republik Tbk (IDX: MORA) via an indirect ownership.
Timotius Max Sulaiman, President Director and Chief Executive Officer of MyRepublic Indonesia, said, “We 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 utilisation of network assets from backbone to the last mile. These synergies will open up broader growth opportunities with increasingly greater potential.”
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.
The two companies express their appreciation for the trust and support of all stakeholders towards this strategic merger.
Updates on the merger will be communicated through official channels, including stock exchange announcements, regulatory disclosures, and the respective corporate websites.
About MyRepublic Indonesia
MyRepublic Indonesia is one of Indonesia’s leading fiber-optic–based internet service providers and pay TV operators, focused on delivering fast, stable, and affordable connectivity for both individual and business customers. With a network covering more than 162 cities and regencies across Indonesia, MyRepublic Indonesia continues to strive to become a source of national pride.
As one of the largest Fixed Broadband providers in Indonesia utilizing FTTH technology, MyRepublic Indonesia has been recognized by Ookla®️, a global leader in connectivity intelligence. In the Speedtest Awards™️ for H1 2025, MyRepublic Indonesia won two major categories: Best Fixed Network and Best ISP Gaming Experience in Indonesia. These achievements further reinforce MyRepublic Indonesia’s commitment to delivering high-quality internet services that support today’s digital lifestyle.
MORA is one of the largest fiber-optic backbone network service providers in Indonesia, with international connectivity extending to Singapore through the Moratelindo International Cable System One (MIC-1), landing at docking stations in Changi and Batam. MORA is also supported by a strong subsea fiber-optic backbone infrastructure connecting Batam–Dumai–Malacca (BDM). This is further complemented by the development of an international subsea fiber-optic cable network linking Jakarta–Bangka–Bintan–Singapore (B3JS).
In addition, MORA operates nine domestic backbone networks, namely: Dumai–Medan (DAMAI); Jambi–Batam Cable System (JIBA); Sumatra Backbone (SBB); Ultimate Java Backbone (UJB); Jayabaya; Palapa Ring Barat (PRB); Palapa Timur Telematika (PTT); Surabaya–Denpasar; and Bali–Nusa Tenggara. Through its integrated domestic and international network infrastructure, MORA is able to provide reliable, high-speed internet connectivity.
As of September 2025, MORA operates more than 57,000 kilometers of fiber-optic networks and manages 6 (six) data centers located in Batam, Medan, Palembang, Jakarta, Surabaya, and Denpasar, with a total capacity of 3.3 megawatts. The company serves more than 16,800 enterprise customers and supports nearly one million homepasses nationwide, with over 296,000 retail customers.
