Indonesia's Mitratel to buy 6,000 towers from Telkomsel for $700m

Indonesia's Mitratel to buy 6,000 towers from Telkomsel for $700m

Photo by Tony Stoddard on Unsplash

Indonesian telecom tower company PT Dayamitra Telekomunikasi (Mitratel) on Friday announced that it will acquire Telkomsel’s 6,050 tower assets worth Rp10.3 trillion ($700 million), according to a disclosure statement on Indonesia Stock Exchange (IDX).

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