PT Elang Mahkota Teknologi Tbk Overview
Pro stress-test →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
Pro stress-test →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
Pro stress-test →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