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PT Elang Mahkota Teknologi Tbk: Business Overview, Financials & Competitive Analysis

PT Elang Mahkota Teknologi Tbk (Emtek) is an Indonesian technology, telecommunication and media conglomerate headquartered in Jakarta. The company has evolved into an integrated group with three main business activiti...

Analyst-debate audio for PT Elang Mahkota Teknologi Tbk

AskCyborg analysts argue the bull and bear cases for PT Elang Mahkota Teknologi Tbk across 11 stress-tested dimensions. Listen on your commute -- faster than reading the 30-page report.

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7/ 10Strong

Cyborg Score thesis

Indonesia's integrated media-to-fintech conglomerate with durable cash flows from legacy broadcasting and high-growth optionality...

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Industry Conglomerate / Media & Entertainment / Telecommunications / Healthcare / Aviation Services
3 named competitors
3 recent developments
11 analyst dimensions
Synthesized from analyst-debate stress-testing across 11 dimensions and hundreds of data points. Methodology →
Cyborg Score recalibrated: November 2, 2026
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PT Elang Mahkota Teknologi Tbk Overview

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PT Elang Mahkota Teknologi Tbk (Emtek) is an Indonesian technology, telecommunication and media conglomerate headquartered in Jakarta. The company has evolved into an integrated group with three main business activities: Media, Telecommunications and IT Solutions, and Connectivity. Emtek dominates Indonesia's media landscape while expanding into healthcare, aviation, and fintech.

Strategic Profile

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As Indonesia's leading media conglomerate, EMTEK operates various nationwide Free-to-Air (FTA) television channels, a wide range of online/digital media properties, and content production and distribution businesses. Since the 2010s Emtek has diversified its business model into fintech, banking, and healthcare—establishing PT Kreatif Media Karya to fund startups like Bukalapak and Dana, PT Elang Medika Corpora for healthcare acquisitions, and completing acquisition of Bank Fama International in 2021.

Competitive Landscape

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As of 2013, Emtek is Indonesia's second largest media company. Primary competitors in Indonesian media include state-owned TVRI and commercial rivals Medcom Group (MCOM), while fintech operations compete with standalone payment processors and banking platforms. Aviation services compete with established ground handlers and logistics providers.

Industry Context

PT Elang Mahkota Teknologi Tbk operates in Conglomerate / Media & Entertainment / Telecommunications / Healthcare / Aviation Services.

Key facts

Founded: 1983 · Headquarters: Jakarta, Indonesia · Employees: 9,897 · Revenue: $772.1M · Market cap: $5.2B

What the AI analysts debated

AI-generated and not independently verified: selected findings from the multi-agent debate on PT Elang Mahkota Teknologi Tbk.

  • Dominant market position: Indonesia's leading media company with six FTA television channels including SCTV and Indosiar reaching national audiences
  • Portfolio diversification: Strategic expansion beyond broadcasting into healthcare (hospitals), fintech/digital payments (Dana, Bukalapak funding), and aviation support services
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Recent developments

Material events tracked by the AskCyborg corpus.

  • April 2024Acquired 41% stake in PT Cahaya Aero Services Tbk, marking entry into aviation support services sector
  • 2021Completed acquisition of Bank Fama International (now Superbank), establishing banking subsidiary
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Named competitors

Pulled from the analyst-debate framework. Click any competitor to see their Cyborg Score.

Free-to-Air Television BroadcastingIndonesian media competitor operating METRO TV and iNews→Digital PaymentsLeading Indonesian fintech/digital payment platform→Aviation Ground ServicesIndonesian airport and aviation services provider→

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Industry context

PT Elang Mahkota Teknologi Tbk operates in Conglomerate / Media & Entertainment / Telecommunications / Healthcare / Aviation Services. See how the rest of the sector scores on the Cyborg framework.

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Frequently asked questions

What does PT Elang Mahkota Teknologi Tbk do?+
PT Elang Mahkota Teknologi Tbk (Emtek) is an Indonesian technology, telecommunication and media conglomerate headquartered in Jakarta. The company has evolved into an integrated group with three main business activiti...
What is PT Elang Mahkota Teknologi Tbk's Cyborg Score?+
PT Elang Mahkota Teknologi Tbk has a Cyborg Score of 7/10 (Strong). The score synthesizes business model, financials, leadership, competitive position, technology, marketing, and ESG dimensions across hundreds of data points.
Who are PT Elang Mahkota Teknologi Tbk's main competitors?+
Named competitors include Free-to-Air Television Broadcasting, Digital Payments, Aviation Ground Services. The full competitive landscape is in the AskCyborg report.
How can I get the full PT Elang Mahkota Teknologi Tbk research report?+
Get the report plus analyst-debate audio at askcyborg.com -- no credit card required for preview access. Pro adds saved-company audio playlists and monitoring.
How current is the PT Elang Mahkota Teknologi Tbk research?+
The Cyborg Score is recalibrated weekly. Recent developments are tracked continuously and surfaced in every report.

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