PT Tower Bersama Infrastructure Tbk

Indonesia Dealbook: SK Telecom in IoT pact, Fitch upgrades Protelindo rating

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Indonesia’s largest telecom operator PT Telekomunikasi Indonesia Tbk (TLKM) and SK Telecom (NYSE:SKM) of South Korea, have signed a memorandum of understanding (MoU) to cooperate in new business areas including IoT, media and smart products such as Lifeware.

Indonesia’s Telkom exploring options to unlock value from tower assets

PT Telekomunikasi Indonesia Tbk (Telkom), Indonesia’s biggest telecommunication operator, said on Thursday it is reviewing options to “unlock value” in its tower business. Earlier this year, it scrapped a deal that would have given PT Tower Bersama Infrastructure Tbk a 49 percent stake in its tower operator unit, PT Dayamitra… Read more »

Indonesia’s tower operator Protelindo secures $25.36m loan from DBS

PT Profesional Telekomunikasi Indonesia (Protelindo), subsidiary of tower operator PT Sarana Menara Nusantara Tbk (TOWR), controlled by the Djarum Group, and iForte Solusi Infotek – a leading micro-cell tower provider- has signed one-year, revolving loan facility agreement worth Rp350 billion ($25.36 million) with PT Bank DBS Indonesia. Sarana Menara’s Corporate Secretary Arif Pradana,… Read more »