NTT e-Asia, a part of the NTT East group, is planning to invest in PT Integrasi Jaringan Ekosistem, known as WEAVE, a telecommunications service provider in Indonesia and a subsidiary of PT Solusi Sinergi Digital Tbk, known as SURGE.
NTT East aims to work with WEAVE to expand its Fiber-to-the-Home (FTTH) business by implementing proper standards and tools for installation and operation and maintenance (O&M). The goal is to address the digital gap in Indonesia.
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Indonesia has a low fixed broadband penetration rate of 15% compared to other ASEAN countries, leading to a digital divide. The high cost of FTTH services limits access to high-income urban residents, excluding low- to middle-income households. WEAVE, established in 2018, started offering affordable FTTH services in August 2023 at around USD 6 per month, utilizing its optical fiber network along railway lines in Java. NTT e-Asia has been providing technical support to WEAVE since July 2024.
Currently, WEAVE has around 200,000 subscribers and aims to expand its reach to 40 million. The investment was made through a subscription to new shares via a third-party allotment, with the investment ratio distributed among JIA (50.85%), NTT e-Asia Pte. Ltd. (49.0%), and LMM (0.15%).
Hashim Djojohadikusumo, Senior Advisor of SURGE, said, “This partnership with NTT East is a historic and transformative step for SURGE and Indonesia. By leveraging NTT East’s world-class capabilities, ecosystem, and operational excellence, we are advancing our mission to bridge the digital divide and accelerate the Affordable Broadband Initiative, empowering millions of Indonesians with meaningful digital access.”
Naoki Shibutani, President & CEO of NTT East, added, “NTT East is deeply committed to creating long-term value for society. This investment goes beyond building digital infrastructure; it contributes to human resource development, job creation, and economic growth. We will leverage our expertise in providing high-quality and large-scale services in Japan and collaborate closely with SURGE and WEAVE to foster a more connected, inclusive future.”
Looking ahead, the initiative seeks to strengthen the partnership with WEAVE, accelerate FTTH and other ICT-related businesses, and support Indonesia’s broader economic development.
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