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Mobile & Wireless

Indonesian tower operators expand business to meet demand

Monday 6 August 2012 | 04:15 CET | News
Indonesian telecommunication tower providers are speeding up their business expansion to meet growing demand. Tower Bersama has built 560 towers in H1 and plans to build a similar number in the second half. The company has also bought 2,500 towers from Indosat. Meanwhile, Sarana Menara Nusantara's subsidiary Protelindo has signed an asset-purchase agreement with Central Investindo and Mitra Karya Propertindo to buy of 200 tower sites, the Jakarta Post reports. Protelindo will buy the sites for IDR 376 billion and expects the deal to be completed by end-October. Furthermore, Solusi Tunas Menara is planning to increase the number of BTS towers to 2,000 from the current 1,600 units. Inti Bangun Sejahtera is constructing 90 towers and aims to complete 50 before the end of the year. The company, which is planning an IPO, currently has 1,987 towers.

Categories: Mobile & Wireless
Companies: Indosat / Protelindo / Tower Bersama
Countries: Indonesia
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