Dayamitra Telekomunikasi, the telecommunications infrastructure unit of Indonesia’s biggest firm in the sector Telkom Indonesia, has acquired 803 towers worth 1.75 trillion rupiah ($113.01 million), the company said in a statement on Thursday.
The firm, known as Mitratel, said the acquisition is in line with their mission to provide more towers outside of Java island as demand for the internet and connectivity rises in other regions of Indonesia, which is made up of thousands of islands.
Mitratel acquired the telco towers, 70% of which are located outside Java island, from local telco firm PT Gametraco Tunggal.
Reuters