trending Market Intelligence /marketintelligence/en/news-insights/trending/CjWEv8XOaf7BQAP77fS7hA2 content esgSubNav
In This List

Indosat to sell 3,100 towers for 6.4 trillion rupiah

Blog

Insight Weekly: M&A outlook; US community bank margins; green hydrogen players' EU expansion

Blog

Global M&A by the Numbers: Q2 2022

Blog

Research Brokers Accelerate Their Coverage of Electric Vehicles

Blog

SEC Climate Disclosure Requirements Heating Up: How to Take Action


Indosat to sell 3,100 towers for 6.4 trillion rupiah

PT Indosat Tbk agreed to sell about 3,100 telecommunications towers for 6.4 trillion Indonesian rupiah, Reuters reported, citing a company statement.

The Indonesian operator, doing business as Indosat Ooredoo, will be selling about 2,100 units of towers to PT Dayamitra Telekomunikasi, or Mitratel. Meanwhile, about 1,000 units will be sold to PT Profesional Telekomunikasi Indonesia, or Protelindo.

Ooredoo-owned Indosat targets to close the sale before the end of the year.

As of Oct. 14, US$1 was equivalent to 14,133 Indonesian rupiah.