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PT Elang Mahkota Teknologi Tbk
Emtek is an Indonesian conglomerate that runs TV channels, internet and digital services, and healthcare and aviation-support businesses.
Emtek is one of Indonesia's biggest media and technology groups. Most Indonesians know it through its television channels, especially SCTV and Indosiar, which beam soap operas, news, and variety shows into millions of homes every day. Those free-to-air stations are still the heart of the business: advertisers pay to reach the huge audiences that gather around the TV each evening, and that advertising money is the group's steadiest cash engine.
Around that core, Emtek has built a wider web. It owns a large stake in the digital payments and e-commerce world through its holding in Bukalapak, and it runs internet and connectivity services plus a fiber network that serves homes and businesses. It also owns the healthcare chain Hermina and an aviation-support business, so the group's reach stretches from hospital beds to broadband cables. The logic is simple: use the cash and audiences from TV to plant seeds in faster-growing parts of the Indonesian economy. The broadcast side is a mature, cyclical business. Ratings and ad spending rise and fall with the economy, and streaming rivals such as Netflix are fighting for the same eyeballs. Emtek's answer has been to push into digital platforms and connectivity, betting that Indonesians will pay for internet access and digital services as incomes rise. That is a bigger, riskier bet than selling TV ads, but it is where the growth is.
The company also controls a large chunk of the country's media ecosystem, which gives it real bargaining power with advertisers and content producers. The watch item is whether the newer bets — connectivity, healthcare, digital — can grow fast enough to offset a TV business that will not grow forever. In short, Emtek is a media giant trying to reinvent itself as a broader Indonesian technology and services company, and the next few years will show whether that transition pays off.
Saved answer · last researched 12 Nov 2026