Smartfren Telecom Overview

  • Year Founded
  • 2002

Year Founded

  • Status
  • Public

  • Employees
  • 1,805

Employees

  • Stock Symbol
  • FREN

Stock Symbol

  • Investments
  • 4

Smartfren Telecom General Information

Description

PT Smartfren Telecom Tbk is a telecommunications services provider. It provides CDMA and 4G LTE technology-based telecommunication services with cellular and limited mobility. The Company operates and maintains its business in one segment that is providing cellular service and telecommunication network service to subscribers. It provides services to individuals as well as businesses. Geographically, the company operates in Indonesia.

Contact Information

Formerly Known As
Mobile-8 Telecom
Ownership Status
Publicly Held
Financing Status
Corporation
Corporate Office
  • Jl. H. Agus Salim No. 45, RT.3/RW.3, Kb. Sirih
  • Menteng, Kota Jakarta Pusat
  • Jakarta, 10340
  • Indonesia
+62
Primary Industry
Telecommunications Service Providers
Stock Exchange
IDX
Vertical(s)
TMT
Corporate Office
  • Jl. H. Agus Salim No. 45, RT.3/RW.3, Kb. Sirih
  • Menteng, Kota Jakarta Pusat
  • Jakarta, 10340
  • Indonesia
+62

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Smartfren Telecom Stock Performance

(As of Friday Closing)

Stock Price Previous Close 52 wk Range Market Cap Shares Average Volume EPS
$850M 477B 231M

Smartfren Telecom Financials Summary

In Thousands,
USD
TTM 30-Jun-2024 FY 2023 31-Dec-2023 FY 2022 31-Dec-2022 FY 2021 31-Dec-2021
EV 2,151,839 2,689,609 2,878,817 3,345,114
Revenue 744,009 764,020 753,564 728,099
EBITDA 389,732 390,738 438,650 295,065
Net Income (2,518) (7,140) 71,587 (30,312)
Total Assets 2,758,101 2,884,714 2,988,343 3,032,275
Total Debt 1,152,159 1,544,543 1,523,800 1,638,197
Public Fundamental Data provided by Morningstar, Inc. disclaimer

Smartfren Telecom Valuation & Funding

Deal Type Date Amount Valuation/
EBITDA
Post-Val Status Debt

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Smartfren Telecom Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
PT Smartfren Telecom Tbk is a telecommunications services provider. It provides CDMA and 4G LTE technology-based telecom
Telecommunications Service Providers
Jakarta, Indonesia
1,805 As of 2024

South Jakarta, Indonesia
 

Jakarta, Indonesia
 
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Smartfren Telecom Competitors (6)

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
PT XL Axiata Corporation South Jakarta, Indonesia
Indosat Ooredoo Hutchison Corporate Backed or Acquired Jakarta, Indonesia
Telkom Group Corporation Jakarta, Indonesia
Telkomsel Corporate Backed or Acquired South Jakarta, Indonesia
Jio Private Equity-Backed Mumbai, India
To view Smartfren Telecom’s complete competitors history, request access »

Smartfren Telecom Executive Team (16)

Name Title Board Seat
Merza Fachys President Director
Antony Susilo Director & Chief Financial Officer
Shurish Subbramaniam Chief Technology Officer
Satyadev Sarvaiya Chief of Customer Engagement
Hoyong Lee Senior Vice President & Chief of Digital Product
You’re viewing 5 of 16 executive team members. Get the full list »

Smartfren Telecom Board Members (4)

Name Representing Role Since
Self Chairman & Board Member
Self Board Member
You’re viewing 2 of 4 board members. Get the full list »

Smartfren Telecom Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

Similarweb Unique Visitors

Majestic Referring Domains

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Smartfren Telecom Investors

Investor Name Investor Type Holding Investor Since Participating Rounds Contact Info

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Smartfren Telecom Investments & Acquisitions (4)

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
Kupu 02-Aug-2022 Educational and Training Services (B2C)
Mora Telematika 30-May-2021 Telecommunications Service Providers
Cyngn 23-Mar-2015 Road
Bakrie Telecom 14-Nov-2014 Merger/Acquisition Telecommunications Service Providers
To view Smartfren Telecom’s complete investments and acquisitions history, request access »

Smartfren Telecom ESG

Risk Overview

Risk Rating

Updated April, 12, 2023

38.05 | High Risk

Risk Scale

A lower score indicates better sustainability

Negl

0-10

Low

10-20

Med

20-30

High

30-40

Severe

40+

Exposure

Exposure refers to the extent to which a company is exposed to different material ESG issues

Management

Management is related to actions taken to manage ESG issues

Peers Analysis

Peer performance insights compare the company’s ESG performance to the performance of selected peers to help inform future ESG decisions and drive internal performance improvements.

Global

Covered Companies

of 16,009

Rank

Percentile

Telecommunication Services

Industry

of 224

Rank

Percentile

Telecommunication Services

Subindustry

of 224

Rank

Percentile

To view Smartfren Telecom’s complete esg history, request access »

Smartfren Telecom Exits (2)

Company Name Exit Date Exit Type Exit Size Status Buyers
Mora Telematika 30-May-2021 Completed
Cyngn 23-Mar-2015 Later Stage VC Completed
  • 17 buyers
To view Smartfren Telecom’s complete exits history, request access »

Smartfren Telecom FAQs

  • When was Smartfren Telecom founded?

    Smartfren Telecom was founded in 2002.

  • Where is Smartfren Telecom headquartered?

    Smartfren Telecom is headquartered in Jakarta, Indonesia.

  • What is the size of Smartfren Telecom?

    Smartfren Telecom has 1,805 total employees.

  • What industry is Smartfren Telecom in?

    Smartfren Telecom’s primary industry is Telecommunications Service Providers.

  • Is Smartfren Telecom a private or public company?

    Smartfren Telecom is a Public company.

  • What is Smartfren Telecom’s stock symbol?

    The ticker symbol for Smartfren Telecom is FREN.

  • What is the current market cap of Smartfren Telecom?

    The current market capitalization of Smartfren Telecom is $850M.

  • What is Smartfren Telecom’s current revenue?

    The trailing twelve month revenue for Smartfren Telecom is $744M.

  • Who are Smartfren Telecom’s competitors?

    PT XL Axiata, Indosat Ooredoo Hutchison, Telkom Group, Telkomsel, and Jio are some of the 6 competitors of Smartfren Telecom.

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