GCG Implementation

The Company is committed to implementing good corporate governance consistently so that it can always provide the best service to customers while considering the interests of other stakeholders.

The commitment to implement GCG is based on the Company’s understanding that:

•  In the era of global competition, the success of a country’s economy is largely determined by the success of existing companies. The Company as a tower provider and telecommunications infrastructure provider has the responsibility to encourage and participate in contributing to the success of the country’s economy.
•  Corporate governance violations that have occurred in corporations such as the scandal of several large companies in the world encourage the Company to be vigilant and preventive in fraud practices in management that are not detected in a long time due to weak supervision. This is an effort to prevent bankruptcy or threat to the sustainability of the Company’s business.
•  The Company must fully have a corporate culture which is the core of corporate governance. The Company continues to review the implementation of GCG in the Company and improve it through corporate governance policies.
•  The application of GCG is not actually assessing whether the Company has a policy or a way about how to manage a good company, but more than that, it requires every person in the Company to carry out corporate governance management practices by acting in the interests of the corporation and not for personal interests or group.
•  As the organization grows and develops, the application of GCG in a corporation may not be surrendered or dependent on people but it is necessary to make policies or guidelines that govern it.