PT Indosat Ooredoo Hutchison Tbk

Good day and thank you for standing by. Welcome to PT Indosat TVK's first quarter 2026 earning conference call. At this time, all participants are in a listen-only mode. After the speaker's presentation, there will be a question and answer session. To ask a question during the session, you need to press star 1 and 1 on your telephone. You will then hear an automatic message advising your hand is raised. This will advise that today's conference is being recorded. I would now like to hand the call over to your first speaker today, Pak Inder Dhaliwal. Thank you, Pak. Please go ahead.

Thank you, Desmond. Good afternoon, everyone. Thanks for joining us today. With us on the call today, we have Pak Vikram Sinha, our Chief Executive Officer, Pak Nikki Lee, our Chief Financial Officer, and Pak Bilal Kazmi, our Chief Operating Officer. I will now hand over the call to Pak Vikram for his opening remarks. Over to you, sir.

Thanks, Inder. Good afternoon, everyone. I'm proud to report a strong start to 2026 with a solid set of results in the first quarter. I would like to share with you some of the key highlights where we are seeing strong performance across our financial matrix, where we recorded strong growth in revenue, EBITDA and net profit. Our operational matrix are also moving in the right direction and we are seeing momentum across our business lines. If you go to the next slide, we have carried the strong momentum that we saw in the second half of last year into 2026 with strong double digit growth in the Q1 of 2026. Thus, across revenue, EBITDA, and net profit, we saw an increase of 12% year-on-year, 13% year-on-year, and 26% year-on-year, respectively. This quarter, we also achieved a customer ARPU of 45,000, which is 15% year-on-year increase, with the highest quarter ARPU since our merger. We remain committed to realizing Indonesia potential on ARPU and there is still upside on ARPU from here. Next slide. We have launched a first in its kind partnership in Indonesia with collaboration with Google Gemini. Under this partnership, we will offer bundled Google Gemini subscription to our customer. along with the data packages. Not only will this be customer R2 enhancing, but it will also position IOH as the AI leader on the front end as well as bringing real world application to our customers. This will further strengthen our AI portfolio along with anti-spam and scam offering and our own LLM Sahabat AI. We continue to look for ways to expand our portfolio with more planned partnership for the future. IOH is committed to build the digital economy in Indonesia with the spectrum option underway and scheduled to be completed this quarter. COMDG, which is the Ministry of Communication and Digital, has designed the spectrum option very well with a good forward-looking framework, ensuring that every operator will get enough spectrum for their 5G investment. It is good to be late on the 5G investment cycle as we have the benefit of learning from rollouts in other countries as the equipment price for 5G is significantly down. We have also seen improved handset penetration on 5G. We will utilize our AI and data-driven modeling to give us the most optimal rollout on 5G on focusing on giving our customer a great 5G experience. Our FiberCo asset monetization, we will unlock value for IOH and all our stakeholders is remain on track we are currently in the process of the operational company being set up in compliance with regulatory requirement and we remain on schedule for closing it in q3 2026. our ai neo cloud business is also performing very well after recording 28 million us dollar revenue in 2025 We have recorded 16 million revenue in the first quarter of 2026, putting us well on track to achieve the full year revenue guidance, which we have given earlier of around 60 million US dollars for 2026. Our firm contracted revenue for AI NeoCloud amount to USD 170 million, which will be recognized over a period of three years and importantly, This business is EPS applicative from day one, while also being FCF positive. Having set the foundation in 2025, we are ready to scale in 2026 and getting a lot of demand in this business, which we will share more updates on the coming months. Finally, our guidance for 2026, we are seeing very strong growth so far in the first quarter of the year. and we are tracking ahead of our guidance. We will be reviewing our guidance, and if necessary, we'll update it again in the next quarter. I will now hand over to Nicky for more detailed financial presentation.