UNITED STATES
SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

Form 6-K

REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13 a-16 OR 15d-16
UNDER THE SECURITIES EXCHANGE ACT OF 1934

     For the month of                      October                      , 2004

Perusahaan Perseroan (Persero) PT TELEKOMUNIKASI INDONESIA

(Translation of registrant’s name into English)

Jalan Japati No. 1 Bandung-40133 INDONESIA

(Address of principal executive office)

[Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F
Form 20-F þ            Form 40-F o

[Indicate by check mark whether the registrant by furnishing the information contained in this Form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934
Yes    o            No þ

[If “yes” is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b):

TABLE OF CONTENTS

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on behalf by the undersigned, thereunto duly authorized.

	Perusahaan Perseroan (Persero) PT TELEKOMUNIKASI INDONESIA
	(Registrant)
Date                      October 29, 2004	By	/s/ Rochiman Sukarno
		(Signature)
		Rochiman Sukarno
		Head of Investor Relations

PRESS RELEASE
No. TEL.752/PR000/UH1/2004

TELKOM FILED ITS THIRD QUARTER UNAUDITED FINANCIAL REPORTS:
NET INCOME GREW 13.89%

Jakarta, October 29, 2004 — Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk. (“TELKOM” or the “Company”) filed its un-audited consolidated third quarter 2004 financial reports to BAPEPAM (Capital Market Supervisory Agency) and the Stock Exchanges.

Summary of the balance sheet and income statements as attached to this Press Release, are as follows:

	Q3 04			Q3 03			% Increase
	(In Billion Rp.)						Q3 04/03
Total Assets		56,115			48,593			15.48
Total Liabilities		32,353			29,639			9.16
Total Equity		19,300			15,662			23.23
Operating Revenue		25,019			19,617			27.54
Operating Expense		14,595			10,789			35.28
Operating Income		10,425			8,828			18.08
Net Income		5,024			4,412			13.89
EBITDA		15,456			12,664			22.04
EBITDA Margin		61.77	%		64.56	%

The Financial Statements are prepared in according with Generally Accepted Accounting Standard in Indonesia

TELKOM is the principal provider of fixed-line services in Indonesia. TELKOM’s majority-owned subsidiary Telkomsel is also the largest Indonesian mobile cellular operator, as measured by subscribers and revenues. The Company also provides a wide range of other telecommunications services including interconnection, network, data and internet services, and other telecommunications services. TELKOM’s shares are listed in the Jakarta and Surabaya Stock Exchange (JSX/SSX: TLKM) and its American depository Shares are listed in the New York Stock Exchange (NYSE:TLK) and London Stock Exchange (LSE:TKIA)

/s/ Rochiman Sukarno

ROCHIMAN SUKARNO

Head of Investor Relations

For further information, please contact:

Investor Relations Unit
PT TELEKOMUNIKASI INDONESIA, Tbk
Tel:     62-21-5215109
Fax:   61-21-5220500
Email: investor@telkom.co.id
Website: www.telkom-indonesia.com

PERUSAHAAN PERSEROAN (PERSERO)

P.T. TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES

CONSOLIDATED BALANCE SHEETS (UNAUDITED)

AS OF SEPTEMBER 30, 2003 AND 2004

(Figures in tables are presented in millions of Rupiah and thousands of United States Dollars)

		2003
		(Restated)		2004
		Rp		Rp		US$ (Note 3)
ASSETS
CURRENT ASSETS
Cash and cash equivalents			4,860,401		6,112,466		667,300
Temporary investments			62,119		107,799		11,768
Trade accounts receivable
	Related parties — net of allowance for doubtful accounts of Rp135,689 million in 2003, and Rp143,591 million in 2004		765,094		690,848		75,420
	Third parties — net of allowance for doubtful accounts of Rp413,959 million in 2003, and Rp562,013 million in 2004		2,583,369		3,090,402		337,380
Other accounts receivable — net of allowance for doubtful accounts of Rp51,649 million in 2003, and Rp35,442 million in 2004			377,661		291,523		31,826
Inventories — net of allowance for obsolescence of Rp51,346 million in 2003, and Rp47,102 million in 2004			185,596		171,746		18,750
Prepaid expenses			727,972		790,178		86,264
Prepaid taxes			38,370		64,845		7,079
Other current assets			38,663		44,412		4,848
Total Current Assets			9,639,245		11,364,219		1,240,635
NON-CURRENT ASSETS
Long-term investments — net			69,741		72,743		7,941
Property, plant and equipment — net of accumulated depreciation of Rp22,220,275 million in 2003, and Rp27,137,984 million in 2004			32,511,049		36,598,850		3,995,508
Property, plant and equipment under revenue-sharing arrangements — net of accumulated depreciation of Rp878,764 million in 2003, and Rp1,038,777 million in 2004			315,427		2,788,985		304,474
Advances and other non-current assets			151,573		422,715		46,148
Intangible assets — net of accumulated amortization of Rp1,535,952 million in 2003, and Rp752,711 million in 2004			5,365,697		4,582,456		500,268
Advance payments for investments in shares of stock			79,768		65,458		7,146
Property not used in operations			12,354		4,987		545
Escrow accounts			447,838		215,001		23,472
Total Non-current Assets			38,953,447		44,751,195		4,885,502
TOTAL ASSETS			48,592,692		56,115,414		6,126,137

See accompanying notes to consolidated financial statements, which form an integral part of the consolidated financial statements.

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PERUSA IIAAN PERSEROAN (PERSERO)
P.T. TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES

CONSOLIDATED BALANCE SHEETS (UNAUDITED)
AS OF SEPTEMBER 30, 2003 AND 2004
(Figures in tables are presented in millions of Rupiah and thousands of United States Dollars)

	2003
	(Restated)			2004
	Rp			Rp			US$ (Note 3)
LIABILITIES AND STOCKHOLDERS’ EQUITY
CURRENT LIABILITIES
Trade accounts payable
Related parties		658,627			827,602			90,350
Third parties		2,470,580			3,331,782			363,732
Other accounts payable		45,293			39,734			4,338
Taxes payable		1,778,106			1,490,932			162,766
Dividends payable		69,418			1,153,412			125,918
Accrued expenses		1,679,422			1,652,196			180,371
Unearned income		660,464			928,724			101,389
Advances from customers and suppliers		262,695			328,392			35,851
Short-term bank loan		37,509			397,537			43,399
Current maturities of long-term liabilities		3,580,901			2,206,349			240,868
Total Current Liabilities		11,243,015			12,356,660			1,348,982
NON-CURRENT LIABILITIES
Deferred tax liabilities — net		3,410,273			3,504,159			382,550
Unearned income on revenue-sharing arrangements		99,742			2,639,198			288,122
Unearned initial investor payments under joint operation schemes		28,876			28,117			3,070
Provision for long service awards		477,519			533,226			58,212
Provision for post-retirement health care benefits		1,948,136			1,878,085			205,031
Long-term liabilities — net of current maturities
Two-step loans — related party		7,005,307			6,505,888			710,250
Guaranteed notes and bonds		2,235,511			1,711,807			186,878
Bank loans		1,790,838			2,579,220			281,574
Liabilities for acquisitions of subsidiaries		1,300,049			607,668			66,339
Suppliers’ credit loans		64,804			—			—
Bridging loan		25,726			—			—
Other long-term debt		9,150			9,150			999
Total Non-current Liabilities		18,395,931			19,996,518			2,183,025
MINORITY INTEREST		3,291,894			4,462,324			487,153
STOCKHOLDERS’ EQUITY
Capital stock — Rp 250 par value per Series A Dwiwarna share and Series B share
Authorized — one Series A Dwiwarna share and 79,999,999,999 Series B shares
Issued and fully paid — one Series A Dwiwarna share and 20,159,999,279 Series B shares		5,040,000			5,040,000			550,218
Additional paid-in capital		1,073,333			1,073,333			117,176
Difference in value of restructuring transactions between entities under common control		(7,288,271	)		(7,288,271	)		(795,663	)
Difference due to change of equity in associated companies		424,020			385,595			42,096
Unrealized gain (loss) on investment in securities		—			490			53
Translation adjustment		231,298			230,044			25,114
Retained earnings
Appropriated		1,559,068			1,680,813			183,495
Unappropriated		14,622,404			18,177,908			1,984,488
Total Stockholders’ Equity		15,661,852			19,299,912			2,106,977
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY		48,592,692			56,115,414			6,126,137

See accompanying notes to consolidated financial statements, which form an integral part of the consolidated financial statements.

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PERUSAHAAN PERSONAL (PERSERO)

P.T. TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES

CONSOLIDATED STATEMENTS OF INCOME (UNAUDITED)

FOR THE NINE MONTHS PERIOD ENDED SEPTEMBER 30, 2003 AND 2004

(Figures in tables are presented in millions of Rupiah and thousands of United States Dollars, except per share and per ADS data)

			2003
			(Restated)			2004
									US$
			Rp			Rp			(Note 3)
OPERATING REVENUES
	Telephone
		Fixed lines		6,476,583			7,654,264			835,618
		Cellular		6,121,293			7,689,968			839,516
	Interconnection			3,120,941			4,366,230			476,663
	Joint operation schemes			1,086,898			443,407			48,407
	Data and Internet			2,139,814			3,359,120			366,716
	Network			323,848			468,479			51,144
	Revenue-sharing arrangements			187,163			788,178			86,046
	Other telecommunications services			160,139			249,810			27,272
	Total Operating Revenues			19,616,679			25,019,456			2,731,382
OPERATING EXPENSES
	Personnel			3,189,029			4,320,848			471,708
	Depreciation			3,327,180			4,469,538			487,941
	Operations, maintenance and telecommunication services			2,518,459			3,387,144			369,776
	General and administrative			1,409,783			1,777,552			194,056
	Marketing			344,191			639,855			69,853
	Total Operating Expenses			10,788,642			14,594,937			1,593,334
OPERATING INCOME				8,828,037			10,424,519			1,138,048
OTHER INCOME (CHARGES)
	Interest income			255,531			219,280			23,939
	Interest expense			(948,523	)		(937,779	)		(102,378	)
	Gain (loss) on foreign exchange - net			165,375			(577,744	)		(63,072	)
	Equity in net income (loss) of associated companies			(28	)		2,283			249
	Others - net			(1,895	)		347,541			37,941
	Other income (charges) - net			(529,540	)		(946,419	)		(103,321	)
INCOME BEFORE TAX				8,298,497			9,478,100			1,034,727
TAX EXPENSE
	Current tax			(2,968,881	)		(3,057,132	)		(333,748	)
	Deferred tax			66,687			42,613			4,652
				(2,902,194	)		(3,014,519	)		(329,096	)
INCOME BEFORE MINORITY INTEREST IN NET INCOME OF SUBSIDIARIES				5,396,303			6,463,581			705,631
MINORITY INTEREST IN NET INCOME OF SUBSIDIARIES				(984,731	)		(1,439,235	)		(157,122	)
NET INCOME				4,411,572			5,024,346			548,509
BASIC EARNINGS PER SHARE
	Net income per share			218.83			249.22			0.03
	Net income per ADS
	(40 Series B shares per ADS)			8,753.12			9,968.94			1.06

See accompanying notes to consolidated financial statements, which form an integral part of the consolidated financial statements.

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