In 2023, the number of fixed telephone subscriptions in Indonesia stood at 7.8728 million, indicating a steady decline from previous years. Reviewing the year-on-year variations for 2022 and 2023, there was a decrease of 6.6% and 6.54% respectively. The compound annual growth rate (CAGR) over the last five years has been negative at -7.8%, reflecting a broad decline in fixed telephone subscriptions.
Looking further back, the trend has largely been downward since 2013, with several years showing double-digit percentage declines. Key years with notable decreases include 2015 (-60.43%) and 2018 (-24.88%). Periodic minor increases in 2016 and 2017 did little to counterbalance the overarching trend of decline.
Future trends to watch for: With advancements in mobile technology and an increasing preference for mobile and internet-based communication, the decline in fixed telephone subscriptions is expected to continue. Telecommunications companies may need to diversify offerings or pivot to new technologies to maintain market presence.
