Moratelindo, MyRepublic Agree to Merge, Boost Indonesia Digital Backbone

JAKARTA, Investortrust.id — PT Mora Telematika Indonesia Tbk or MORA agrees to merge with MyRepublic Indonesia on Thursday, Dec 18, 2025 in Jakarta to create a stronger integrated telecom platform as Indonesia accelerates its national digital ecosystem, a move expected to expand network reach and improve service quality.

The company said Moratelindo would remain the surviving entity and would be renamed PT Ekamas Mora Republik Tbk, with the merger targeted for completion in the first half of 2026, pending regulatory and shareholder approval.

Moratelindo stated the combined entity was expected to achieve scale and competitiveness that neither company could reach independently, supported by complementary infrastructure assets.

"This strategic move marks an important milestone for strengthening the telecommunications industry and accelerating a more even digital ecosystem across Indonesia," Vice President Director of MORA Genta Andhika Putra said in Jakarta.

He added that the merged company would be better positioned to compete nationally, combining Moratelindo’s backbone infrastructure with MyRepublic’s strong retail fiber network.

President Director of PT Dian Swastatika Sentosa Tbk (DSSA) Krisnan Cahya said the merger aligned with the group’s broader strategy to support Indonesia’s digital transformation agenda.

"This merger supports Indonesia’s digital agenda by accelerating and equalizing digital ecosystem development through expanded network reach and continuous service rollout," Krisnan said.

Operationally, Moratelindo brought extensive network infrastructure as a network access provider and internet service provider that had operated since 2000 and built one of Indonesia’s largest fiber backbone networks.

By September 2025, Moratelindo operated more than 57,000 kilometers of fiber optic cable, six data centers with 3.3 megawatts of capacity, over 16,800 enterprise customers, nearly 1 million homepasses, and more than 296,000 retail customers.

MyRepublic Indonesia, a DSSA subsidiary, focused on fiber to the home services and served more than 1.52 million retail customers with internet speeds up to 1 Gbps.

As of September 2025, MyRepublic Indonesia operated more than 58,000 kilometers of fiber optic cable and over 8.7 million homepasses nationwide.

Chief Executive Officer of Moratelindo Jimmy Kadir said the merger represented a transformational step for the company’s long term positioning.

"This merger places the new entity at the forefront of Indonesia’s digital future, with combined network coverage and infrastructure capacity enabling faster, more stable, and broader services," Jimmy said.

Under the merger structure, Moratelindo would remain the surviving entity, while MyRepublic Indonesia would be absorbed into PT Ekamas Mora Republik Tbk.

Following the effective merger, DSSA would become the indirect controlling shareholder of the merged entity.

Chief Executive Officer of MyRepublic Indonesia Timotius Max Sulaiman said the merger was also expected to deliver financial synergies through cost optimization and reduced capital expenditure duplication.

"This synergy creates wider growth opportunities by leveraging network assets from backbone to last mile," Timotius said.

The merger plan had received approval from the boards of directors and commissioners of both companies and was awaiting regulatory and shareholder consent.

Redpeak Advisers was appointed as exclusive financial adviser, while both companies committed to ensuring a smooth and professional integration process for employees, customers, and business partners.