Indonesia's Indosat seals $450m deal to sell telecom towers

Indonesia's Indosat seals $450m deal to sell telecom towers

Photo: Pixabay

Telecom company Indosat Ooredoo, the Indonesian unit of Qatar’s Ooredoo Group, has inked a 6.39 trillion rupiah ($452.3 million) sale and leaseback deal for 3,100 telecom tower assets with two local companies, according to a stock exchange filing on Tuesday.

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