Indosat extends CEO tenure. Analysts target Indosat Ooredoo Hutchison stock at IDR 2,350

Published on 10/15/2026 at 10:15 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Q2 revenue reached IDR 15.43 trillion, up 9.82 percent year over year. Indosat Ooredoo Hutchison stock was EUR 0.10 on October 15, 2026.

CEO continuity and AI capacity

Indosat extended Vikram Sinha's tenure on September 29, 2026, while securing 200 MW of AI capacity.
Second-quarter 2026 revenue reached IDR 15.43 trillion, and net income reached IDR 2.82 trillion.
Indosat Ooredoo Hutchison stock traded at EUR 0.10 at 10:05 a.m. CEST at Lang & Schwarz on October 15, 2026.
The company scheduled its investor conference call for October 28, 2026.

Indosat Ooredoo Hutchison, ID1000097405, Illustration mit AI erstellt.

Indosat Ooredoo Hutchison (ISIN ID1000097405) was trading at EUR 0.10 at Lang & Schwarz on October 15, 2026, at 10:05 a.m. CEST. Indosat Ooredoo Hutchison said on September 29, 2026, that its extraordinary shareholders meeting formalized the extension of President Director and CEO Vikram Sinha's tenure. The decision keeps management continuity in place as the company builds an artificial intelligence strategy around 200 MW of secured capacity.

AI capacity sets the strategic frame

The September 29 announcement linked the leadership extension to Indosat's AI North Star strategy. The company said Zankore had secured 200 MW of AI capacity through multi-year contracts, while RAIA Grid was supported by 86,000 kilometers of fiber, according to Indosat Ooredoo Hutchison.

The chronology shows how the strategy has developed. On July 28, 2026, the company published its second-quarter financial statements; on September 5, 2026, it valued an Adobe Express Premium benefit for selected IM3 customers at IDR 493,000; and on September 29, 2026, it announced the CEO tenure extension alongside the 200 MW AI capacity plan. The dates and figures come from Indosat Ooredoo Hutchison.

What do the results mean for margins?

Second-quarter 2026 revenue was IDR 15.43 trillion, up 9.82 percent from IDR 14.05 trillion in the second quarter of 2025. Net income rose to IDR 2.82 trillion from IDR 1.25 trillion, an increase of 125.20 percent, while earnings per share increased to IDR 87.37 from IDR 38.82, according to Simply Wall St. The sharp profit increase gives the AI expansion a stronger earnings backdrop, although infrastructure spending remains a key execution variable.

Next date is October 28

Indosat's next scheduled investor event is a conference call webcast on October 28, 2026, at 2:00 p.m. Jakarta time, according to Indosat Ooredoo Hutchison. The event should give investors a dated opportunity to assess progress on the AI and connectivity investments.

Stock price and company profile

On the IDX, the stock was last at IDR 2,040 on October 15, 2026, with the exchange session closed. Indosat's market capitalization was IDR 65.8 trillion on the same date, while its 52-week range was IDR 1,660 to IDR 2,850. The company operates mobile, broadband, enterprise, data center and other digital services in Indonesia.

The further course of trading is shown by the continuously updated real-time quote of Indosat Ooredoo Hutchison stock.