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General

SMN's Q1 revenue grows 12%, EBITDA up 13%

Wednesday 31 May 2017 | 09:30 CET | News
Indonesian telecommunications tower provider Sarana Menara Nusantara (SMN) saw its first-quarter revenue grow by 12.2 percent year-on-year to over IDR 1.31 trillion from IDR 1.17 trillion in the year-earlier period. EBITDA amounted to IDR 1.13 trillion, which represents an increase of 13.3 percent year-on-year. The company ended the quarter with 14,587 towers, up from 12,255 a year earlier, and 24,070 tenants, up from 20,951 in the first quarter of 2016. Tower growth was boosted by the addition of 2,500 towers resulting from the XL acquisition.

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Categories: General
Companies: XL
Countries: Indonesia
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