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 April, 2006

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: April 28, 2006	By		/s/ Harsya Denny Suryo
			(Signature)
		Harsya Denny Suryo
		Vice President Investor Relation & Corporate Secretary

PRESS RELEASE

No. TEL.161/PR000/COM-10/2006

TELKOM FILED ITS FIRST QUARTER UNAUDITED
CONSOLIDATED FINANCIAL STATEMENTS 2006

Jakarta, April 28, 2006 – Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk. (“TELKOM” or the “Company”) filed its un-audited consolidated first quarter 2006 financial Statements to BAPEPAM (Capital Market Supervisory Agency) and the Stock Exchanges.

Complete Copies of both balance sheets and income statements are attached to this Press Release. For complete version, pleaser visit www.telkom-indonesia.com

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

							% Increase
	Q1 06			Q1 05			Q1 06/05
	(In Billion Rp.)
Total Assets		63,950			58,345			9.61	%
Total Liabilities		29,923			32,882			-9.00	%
Minority Interest		7,272			5,550			31.02	%
Total Equity		26,755			19,913			34.36	%
Operating Revenue		11,817			9,347			26.43	%
Operating Expense		6,239			5,608			11.26	%
Operating Income		5,578			3,739			49.18	%
Net Income		3,460			1,785			93.87	%
EBITDA		7,890			5,584			41.30	%
EBITDA Margin		66.77	%		59.74	%		7.03	%

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)

HARSYA DENNY SURYO
Vice President Investor Relations & Corporate Secretary

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)
PT TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES

CONSOLIDATED BALANCE SHEETS (UNAUDITED)
AS OF MARCH 31, 2005 AND 2006
(Figures in table are presented in millions of Rupiah and thousands of United States Dollars)

			2005		2006
	Notes		Rp		Rp		US$ (Note 3)
	(as restated - Notes 2 and 4)
ASSETS
CURRENT ASSETS
Cash and cash equivalents		2c,2f,6,45		6,180,470		6,998,989		772,515
Temporary investments		2c,2g,45		46,220		23,507		2,595
Trade accounts receivable		2c,2h,7,45
Related parties — net of allowance for doubtful accounts of Rp99,523 million in 2005 and Rp89,533 million in 2006				678,393		545,190		60,175
Third parties — net of allowance for doubtful accounts of Rp508,301 million in 2005 and Rp603,454 million in 2006				3,200,061		3,057,131		337,432
Other accounts receivable — net of allowance for doubtful accounts of Rp14,553 million in 2005 and Rp3,290 million in 2006		2c,2h,45		54,731		163,119		18,004
Inventories — net of allowance for obsolescence of Rp56,940 million in 2005 and Rp50,252 million in 2006		2i,8		172,343		305,677		33,739
Prepaid expenses		2c,2j,9,45		995,512		1,243,650		137,268
Prepaid taxes		39a		68,605		9,265		1,023
Other current assets		2c,10,45		44,455		154,016		17,000
Total Current Assets				11,440,790		12,500,544		1,379,751
NON-CURRENT ASSETS
Long-term investments — net		2g,11		85,389		102,559		11,320
Property, plant and equipment — net of accumulated depreciation of Rp30,935,879 million in 2005 and Rp39,120,067 million in 2006		2k,12		39,675,705		45,572,072		5,030,030
Property, plant and equipment under revenue- sharing arrangements — net of accumulated depreciation of Rp668,053 million in 2005 and Rp475,983 million in 2006		2m,13,48		468,293		531,343		58,647
Property, plant and equipment under capital lease - - net of accumulated depreciation of Rp35,298 million in 2006		2l,12		—		222,082		24,512
Prepaid pension benefit cost		42		1,182		460		51
Advances and other non-current assets		2c,14,45		1,432,433		319,063		35,217
Goodwill and other intangible assets — net of accumulated amortization of Rp2,075,572 million in 2005 and Rp3,000,992 million in 2006		1c,2d,15		5,181,887		4,692,467		517,932
Escrow accounts		16		59,325		9,626		1,062
Total Non-current Assets				46,904,214		51,449,672		5,678,771
TOTAL ASSETS				58,345,004		63,950,216		7,058,522

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

1

PERUSAHAAN PERSEROAN (PERSERO)
PT TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES

CONSOLIDATED BALANCE SHEETS (UNAUDITED) (continued)
AS OF MARCH 31, 2005 AND 2006
(Figures in table are presented in millions of Rupiah and thousands of United States Dollars)

			2005		2006
	Notes		Rp		Rp		US$ (Note 3)
	(as restated - Notes 2 and 4)
LIABILITIES AND STOCKHOLDERS’ EQUITY
CURRENT LIABILITIES
Trade accounts payable		2c,17,45
Related parties				951,699		899,175		99,247
Third parties				2,780,341		2,898,319		319,903
Other accounts payable				133,142		43,340		4,784
Taxes payable		2r,39b		1,276,180		1,604,126		177,056
Dividends payable				62,690		3,276		362
Accrued expenses		2c,18,45		1,734,034		1,779,153		196,374
Unearned income		19		1,089,655		1,709,330		188,668
Advances from customers and suppliers				413,855		284,269		31,376
Short-term bank loans		2c,20,45		1,109,153		6,800		750
Current maturities of long-term liabilities		2c,21,45		3,043,517		2,191,582		241,896
Total Current Liabilities				12,594,266		11,419,370		1,260,416
NON-CURRENT LIABILITIES
Deferred tax liabilities — net		2r,39e		2,601,453		2,427,478		267,934
Unearned income on revenue-sharing arrangements		2m,13,48		333,842		394,511		43,544
Unearned initial investor payments under joint operation scheme		2n,47		19,330		4,979		550
Provision for long service award		2c,2q,43,45		469,514		534,146		58,956
Provision for post-retirement health care benefits		2c,2q,44,45		2,999,786		3,058,973		337,635
Accrued pension and other post-retirement benefits costs		2q,42		1,407,151		1,272,084		140,407
Long-term liabilities — net of current maturities
Obligation under capital lease				—		227,179		25,075
Two-step loans — related party		2c,22,45		5,241,761		4,383,425		483,822
Notes and bonds		23		1,596,167		1,458,024		160,930
Bank loans		2c,24,45		2,026,238		2,053,425		226,647
Liabilities of business acquisitions		25		3,592,182		2,689,627		296,868
Total Non-current Liabilities				20,287,424		18,503,851		2,042,368
MINORITY INTEREST		26		5,549,979		7,271,762		802,623
STOCKHOLDERS’ EQUITY
Capital stock — Rp250 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		1b,27		5,040,000		5,040,000		556,291
Additional paid-in capital		28		1,073,333		1,073,333		118,469
Difference in value of restructuring transactions between entities under common control		29		—		90,000		9,934
Difference due to change of equity in associated companies				385,595		385,595		42,560
Unrealized holding (loss) available-for-sale securities		2g		1,290		236		26
Translation adjustment		2g		229,595		233,241		25,744
Retained earnings Appropriated				1,680,813		1,803,397		199,050
Unappropriated				11,502,709		18,129,431		2,001,041
Total Stockholders’ Equity				19,913,335		26,755,233		2,953,115
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY				58,345,004		63,950,216		7,058,522

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

2

PERUSAHAAN PERSEROAN (PERSERO)
PT TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES

CONSOLIDATED STATEMENTS OF INCOME (UNAUDITED)
FOR THE THREE MONTHS PERIOD ENDED MARCH 31, 2005 AND 2006
(Figures in table are presented in millions of Rupiah and thousands of United States Dollars, except per share and per ADS data)

			2005			2006
	Notes		Rp			Rp			US$ (Note 3)
	(as restated - Notes 2 and 4)
OPERATING REVENUES
Telephone		2p,30
Fixed lines				2,727,068			2,731,908			301,535
Cellular				3,019,873			4,507,915			497,562
Interconnection		2p,31,45		1,848,186			2,044,258			225,636
Joint operation schemes		2n,32,47		166,746			161,690			17,847
Data and Internet		33		1,419,869			2,150,867			237,403
Network		34		108,955			134,749			14,873
Revenue-sharing arrangements		2m,35,48		29,897			75,465			8,329
Other telecommunications services				26,299			10,099			1,115
Total Operating Revenues				9,346,893			11,816,951			1,304,300
OPERATING EXPENSES
Personnel		36		1,966,895			1,677,299			185,132
Depreciation		2k,2l,2m,12,13		1,616,014			2,083,228			229,937
Operations, maintenance and telecommunication services		37		1,268,444			1,570,424			173,336
General and administrative		38		577,012			702,946			77,588
Marketing				179,621			205,558			22,689
Total Operating Expenses				5,607,986			6,239,455			688,682
OPERATING INCOME				3,738,907			5,577,496			615,618
OTHER INCOME (CHARGES)
Interest income				57,295			152,337			16,814
Interest expense				(312,807	)		(280,504	)		(30,961	)
Gain (loss) on foreign exchange — net		2e		(176,382	)		773,825			85,411
Equity in net income (loss) of associated companies		2g,11		2,778			(855	)		(94	)
Others — net				129,027			77,080			8,508
Other income (charges) — net				(300,089	)		721,883			79,678
INCOME BEFORE TAX				3,438,818			6,299,379			695,296
TAX EXPENSE		2r,39c
Current tax				(1,347,588	)		(1,840,844	)		(203,184	)
Deferred tax				326,113			(35,584	)		(3,928	)
				(1,021,475	)		(1,876,428	)		(207,112	)
INCOME BEFORE MINORITY INTEREST IN NET INCOME OF SUBSIDIARIES				2,417,343			4,422,951			488,184
MINORITY INTEREST IN NET INCOME OF SUBSIDIARIES		26		(632,451	)		(962,511	)		(106,237	)
NET INCOME				1,784,892			3,460,440			381,947
BASIC EARNINGS PER SHARE		2s,40
Net income per share				88.54			171.65			0.02
Net income per ADS (40 Series B shares per ADS)				3,541.45			6,865.95			0.67

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

3

PERUSAHAAN PERSEROAN (PERSERO)
PT TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES

CONSOLIDATED STATEMENT OF CHANGES IN STOCKHOLDERS’ EQUITY (UNAUDITED)
FOR THE THREE MONTHS PERIOD ENDED MARCH 31, 2005 AND 2006
(Figures in tables are presented in millions of Rupiah and thousands of United States Dollars)

							Difference in
							value of
							restructuring			Difference
							transactions			due to change		Unrealized
					Additional		between entities			of equity		holding gain (loss)									Total
			Capital		paid-in		under common			in associated		on available-for-sale		Translation		Retained earnings					stockholders’
Description	Notes		stock		capital		control			companies		securities		adjustment		Appropriated		Unappropriated			equity
			Rp		Rp		Rp			Rp		Rp		Rp		Rp		Rp			Rp
Balance as of January 1, 2005, as previously reported				5,040,000		1,073,333		(7,288,271	)		385,595		884		229,595		1,680,813		19,139,393			20,261,342
Difference in value of transactions between entities under common control								7,288,271											(7,288,271	)		—
Cummulative effect due to change in accounting policy - accounting for employee benefits, net of tax effect of Rp2,133,305 million				—		—		—			—		—		—		—		(2,133,305	)		(2,133,305	)
Balance as of January 1, 2005, as restated				5,040,000		1,073,333		—			385,595		884		229,595		1,680,813		9,717,817			18,128,037
Unrealized holding gain (loss) on		2g
available-for-sale securities				—		—		—			—		406		—		—		—			406
Net income for the year				—		—		—			—		—		—		—		1,784,892			1,784,892
Balance as of March 31, 2005				5,040,000		1,073,333		—			385,595		1,290		229,595		1,680,813		11,502,709			19,913,335

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

4

PERUSAHAAN PERSEROAN (PERSERO)
PT TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES

CONSOLIDATED STATEMENT OF CHANGES IN STOCKHOLDERS’ EQUITY (UNAUDITED) (continued)
FOR THE THREE MONTHS PERIOD ENDED MARCH 31, 2005 AND 2006
(Figures in tables are presented in millions of Rupiah and thousands of United States Dollars)

							Difference in
							value of
							restructuring		Difference
							transactions		due to change		Unrealized
					Additional		between entities		of equity		holding gain (loss)										Total
			Capital		paid-in		under common		in associated		on available-for-sale			Translation			Retained earnings				stockholders’
Description	Notes		stock		capital		control		companies		securities			adjustment			Appropriated		Unappropriated		equity
			Rp		Rp		Rp		Rp		Rp			Rp			Rp		Rp		Rp
Balance as of January 1, 2006				5,040,000		1,073,333		90,000		385,595		(748	)		233,253			1,803,397		14,668,991		23,293,821
Unrealized holding gain (loss) on available-for-sale securities		2g		—		—		—		—		984			—			—		—		984
Foreign currency translation of CSM		2g,11		—		—		—		—		—			(12	)		—		—		(12	)
Declaration of interim cash dividends				—		—		—		—		—			—			—		—		—
Net income for the year				—		—		—		—		—			—			—		3,460,440		3,460,440
Balance as of March 31, 2006				5,040,000		1,073,333		90,000		385,595		236			233,241			1,803,397		18,129,431		26,755,233

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

5

PERUSAHAAN PERSEROAN (PERSERO)
PT TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES

CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED)
FOR THE THREE MONTHS PERIOD ENDED MARCH 31, 2005 AND 2006
(Figures in tables are presented in millions of Rupiah and thousands of United States Dollars)

	2005			2006
	Rp			Rp			US$ (Note 3)
CASH FLOWS FROM OPERATING ACTIVITIES
Cash receipts from operating revenues
Telephone
Fixed lines		2,677,841			3,184,187			351,456
Cellular		3,019,537			4,006,907			442,263
Joint operation schemes		239,204			157,658			17,402
Interconnection — net		1,727,858			2,127,606			234,835
Other services		1,545,020			2,306,939			254,629
Total cash receipts from operating revenues		9,209,460			11,783,297			1,300,585
Cash payments for operating expenses		(2,824,119	)		(2,650,034	)		(292,498	)
Cash generated from operations		6,385,341			9,133,263			1,008,087
Interest received		57,492			135,766			14,985
Income tax paid		(1,800,340	)		(3,889,069	)		(429,257	)
Interest paid		(190,894	)		(214,559	)		(23,682	)
Cash receipt (refund) from/to customers and advances		135,425			119,262			13,164
Net Cash Provided by Operating Activities		4,587,024			5,284,663			583,297
CASH FLOWS FROM INVESTING ACTIVITIES
Purchase of investments and maturity of time deposits		(25,865	)		(458	)		(51	)
Proceeds from sale of property, plant and equipment		5,312			1,695			187
Acquisition of businesses, net of cash acquired		168,171			—			—
Acquisition of property, plant and equipment		(2,583,361	)		(3,482,781	)		(384,413	)
(Increase) decrease in advance for acquisition of property, plant and equipment		—			88,112			9,725
Decrease (increase) in advances and others		66,945			97,312			10,741
Acquisition of intangible assets		—			(436,000	)		(48,124	)
Net Cash Used in Investing Activities		(2,368,798	)		(3,732,120	)		(411,935	)
CASH FLOWS FROM FINANCING ACTIVITIES
Proceeds (Purchase) from Medium-term Notes — net		—			—			—
Repayments of long-term liabilities		(971,443	)		(442,105	)		(48,797	)
Repayments of promissory notes		(67,700	)		(144,342	)		(15,932	)
Repayment of obligation under capital lease		—			(7,597	)		(839	)
(Increase) decrease in escrow accounts		(23,045	)		(14,026	)		(1,548	)
Proceeds from borrowings		299,867			720,595			79,536
Net Cash Used in Financing Activities		(762,321	)		112,525			12,420
NET (DECREASE) INCREASE IN CASH AND CASH EQUIVALENTS		1,455,905			1,665,068			183,782
EFFECT OF EXCHANGE RATE CHANGES ON CASH AND CASH EQUIVALENTS		(131,559	)		(40,763	)		(4,499	)
CASH AND CASH EQUIVALENTS AT BEGINNING OF PERIOD		4,856,124			5,374,684			593,232
CASH AND CASH EQUIVALENTS AT END OF PERIOD		6,180,470			6,998,989			772,515

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

6