Link Net

Jakarta, Indonesia Founded: 1996 • Age: 30 yrs Acquired By XL Axiata
Cable TV, internet, and business consulting services provider
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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
  • Sectors
    Telecommunications
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Pt Link Net Tbk
Operational Areas
Telecommunications → Telecommunications Infrastructure & Services
Key Metrics
  • Annual Revenue
    $155.64 M (USD)
    -1.22
    as on Dec 31, 2024
  • Net Profit
    $-73.5 M (USD)
    -122.39
    as on Dec 31, 2024
  • EBITDA
    $42.03 M (USD)
    -27.05
    as on Dec 31, 2024
  • Total Equity Funding
    $275 M (USD)

    in 1 rounds

  • Latest Funding Round
    $275 M (USD), Private Equity Round

    Jun 27, 2011

  • Investors
  • Employee Count
    515

    as on Dec 31, 2024

  • Acquired by
    XL Axiata

    & 1 more

    (Jan 27, 2022)

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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.

Exchange: IDX · Ticker: LINK . Sector: Communications · Indonesia
People of Link Net
Headcount 500-1000
Employee Profiles 30
Employee Profiles
People
Reni Zulismar
Analyst Data Asset
People
Tri Soemardiono
Head Internal Audit & Investigation
People
Imanda Fachruddin
Android Engineer
People
Thomas Hundt
Commissioner

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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 Rounds 1
  • Last Round Private Equity Round — $275.0M
  • 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

CVC
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

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.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Mezzanine financing and equity investments are provided by CVC.
Founded Year Domain Location
Provider of TV broadcasting services
Founded Year Domain Location
Telecommunication services are provided by Axiata Group across Asia.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Link Net

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Link Net

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Link Net Comparisons

Employees
+
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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.
domain founded_year HQ Location
Provider of fibre optic broadband internet services
domain founded_year HQ Location
Telephony, internet, and data transmission services are provided in Poland.
domain founded_year HQ Location
Fiber-optic internet, TV, and fixed-line telephone services provider
domain founded_year HQ Location
Provider of mobile phones and fiber broadband services for home & business
domain founded_year HQ Location
Wireless, TV, internet, and media services are provided across Canada.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

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.

Who are the top competitors of Link Net?

Link Net's top competitors include KPN, Ciena and Rogers.

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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