The telecommunications services issuer owned by Axiata Investment, PT Link Net Tbk (LINK), recorded revenue of Rp3.08 trillion in 2025, an increase of 22% compared to the previous year (year-on-year/yoy).
Most of this revenue came from the network rental business, which surged by 213% (yoy) to Rp1.13 trillion.
Then, revenue from cable TV soared by 246% (yoy) to Rp959.22 billion; broadband internet decreased by 4% (yoy) to Rp795.39 billion; and other revenue grew by 59% (yoy) to Rp192.91 billion.
However, network expenses, amortization expenses, and other expenses increased. LINK also suffered a loss from the residential business segment, whose operations were discontinued, resulting in a loss attributable to the owner of the parent entity of Rp1.45 trillion in 2025.
This loss surged by 22% (yoy) compared to the loss of Rp1.19 trillion in 2024.
At the end of 2025, LINK had assets worth Rp13.24 trillion, a decrease of 4.9% (yoy). About 73% of these assets were liabilities or debts.