About Link Net
Link Net is a company based in Jakarta (Indonesia) founded in 1996 was acquired by XL Axiata in January 2022.. Link Net has raised $275 million across 1 funding round from investors including Axiata Group, CVC and XL Axiata. The company has 515 employees as of December 31, 2024. Link Net operates in a competitive market with competitors including KPN, Hong Kong Broadband Network, Orange Polska, Cogeco and British Telecom, among others.
- Headquarter Jakarta, Indonesia
- Employees 515 as on 31 Dec, 2024
- Stage Public
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Sectors
Telecommunications
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Pt Link Net Tbk
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Annual Revenue
$155.64 M (USD)-1.22as on Dec 31, 2024
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Net Profit
$-73.5 M (USD)-122.39as on Dec 31, 2024
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EBITDA
$42.03 M (USD)-27.05as on Dec 31, 2024
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Total Equity Funding
$275 M (USD)
in 1 rounds
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Latest Funding Round
$275 M (USD), Private Equity Round
Jun 27, 2011
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Investors
Axiata Group
& 3 more
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Employee Count
515
as on Dec 31, 2024
- Acquired by
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IPO & Listings of Link Net
Link Net is a publicly listed company on the IDX with ticker symbol LINK in Indonesia, operating in the Communications sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
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Funding Insights of Link Net
Link Net has successfully raised a total of $275M through 1 strategic funding round. The most recent funding activity was a Private Equity Round round of $275 million completed in June 2011. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 1
- Last Round Private Equity Round — $275.0M
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First Round
First Round
(27 Jun 2011)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2011 | Amount | Private Equity Round - Link Net | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Link Net
Link Net has secured backing from 4 investors, including venture fund and institutional investors. Prominent investors backing the company include Axiata Group, CVC and XL Axiata. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Mezzanine financing and equity investments are provided by CVC.
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Founded Year | Domain | Location | |
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Provider of TV broadcasting services
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Founded Year | Domain | Location | |
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Telecommunication services are provided by Axiata Group across Asia.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Link Net
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Link Net
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Link Net Comparisons
Competitors of Link Net
Link Net operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as KPN, Hong Kong Broadband Network, Orange Polska, Cogeco and British Telecom, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Mobile and fixed-line telecommunication services are provided across Europe.
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| domain | founded_year | HQ Location |
Provider of fibre optic broadband internet services
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| domain | founded_year | HQ Location |
Telephony, internet, and data transmission services are provided in Poland.
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| domain | founded_year | HQ Location |
Fiber-optic internet, TV, and fixed-line telephone services provider
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| domain | founded_year | HQ Location |
Provider of mobile phones and fiber broadband services for home & business
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| domain | founded_year | HQ Location |
Wireless, TV, internet, and media services are provided across Canada.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Link Net
Frequently Asked Questions about Link Net
When was Link Net founded?
Link Net was founded in 1996 and raised its 1st funding round 15 years after it was founded.
Where is Link Net located?
Link Net is headquartered in Jakarta, Indonesia. It is registered at Jakarta, Jakarta, Indonesia.
Is Link Net a funded company?
Link Net is a funded company, having raised a total of $275M across 1 funding round to date. The company's 1st funding round was a Private Equity Round of $275M, raised on Jun 27, 2011.
How many employees does Link Net have?
As of Dec 31, 2024, the latest employee count at Link Net is 515.
What is the annual revenue of Link Net?
Annual revenue of Link Net is $155.64M as on Dec 31, 2024.
What does Link Net do?
Link Net was founded in 1996 in Jakarta, Indonesia, and operates within the telecommunications sector. A two-way hybrid fiber optic coaxial network is employed to deliver cable television and high-speed broadband internet to both residential and business users. Residential services include internet access under the FastNet brand and TV subscriptions via HomeCable. Business data communications are handled through the DataComm brand.
Is Link Net publicly traded?
Yes, Link Net is publicly traded on IDX under the ticker symbol LINK.
Who are Link Net's investors?
Link Net has 4 investors. Key investors include Axiata Group, CVC, XL Axiata, and MNC Vision Networks.
What is Link Net's ticker symbol?
The ticker symbol of Link Net is LINK on IDX.
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