0
Broadband

Protelindo completes acquisition of 1,723 towers from XL Axiata

Friday 3 April 2020 | 09:46 CET | News
Profesional Telekomunikasi Indonesia (Protelindo) has completed the acquisition of 1,723 towers, with a physical handover of 1,400 towers and over 2,200 tenancies from XL Axiata. The asset purchase agreement between the companies was signed in February this year. According to Protelindo, process of handing over more sites is continuing and final number will be announced in due course. 

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: Fixed
Companies: Axiata / Protelindo / Telekomunikasi Indonesia / XL Axiata
Countries: Indonesia
::: add a comment

Add comment

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

XL Axiata launches IDR 500 billion share buyback programme

Published 16 Apr 2020 11:26 CET | Indonesia
Indonesian operator XL Axiata has announced a share buyback programme of up to IDR 500 billion in the stock market for a period ...

XL Axiata sells 2,782 telecom towers to Protelindo, Centratama for IDR 4 trillion

Published 17 Feb 2020 12:20 CET | Indonesia
Indonesian operator XL Axiata has agreed to sell its 2,782 telecommunication towers to Profesional Telekomunikasi Indonesia ...

Protelindo completes 1,000 tower acquisition with 1,900 new tenancies from Indosat Ooredoo

Published 02 Dec 2019 07:54 CET | Indonesia
Profesional Telekomunikasi Indonesia (Protelindo) reports it has completed the acquisition of 1,000 towers from Indosat Ooredoo, ...

SMN completes Komet Infra Nusantara acquisition

Published 04 Jun 2018 13:18 CET | Indonesia
Sarana Menara Nusantara (SMN), the owner of Protelindo and iForte, has completed the acquisition of Komet Infra Nusantara (KIN) ...

Sarana Menara Nusantara's Q4 revenue grows 10%

Published 27 Feb 2017 07:02 CET | Indonesia
Indonesian telecommunications tower provider Sarana Menara Nusantara (SMN) saw its fourth-quarter revenue grow by 10.5 percent ...

XL Axiata completes 2,500 tower sale to Protelindo

Published 30 Jun 2016 13:16 CET | Indonesia
Indonesian telecommunication provider XL Axiata has completed the sale of 2,500 of its telecommunications towers for IDR 3.57 ...

XL Axiata to sell 2,500 towers to Protelindo

Published 29 Mar 2016 14:42 CET | Indonesia
Indonesian telecommunication provider XL Axiata entered into an agreement to sell 2,500 of its telecommunications towers for IDR ...

Indonesian telcos unaffected by fall in rupiah

Published 29 Aug 2013 10:55 CET | Indonesia
Indonesian telecommunication companies' credit profiles will be largely unaffected by the weakening of the Indonesian rupiah, ...