Tag: Protelindo
Indonesia’s XL Axiata Sold Towers US$296M to Pay Debts
JAKARTA (TheInsiderStories) - Indonesia' telecommunication operator, PT XL Axiata Tbk (IDX: EXCL), sold 2,782 towers with total valued Rp4.05 trillion ($289.28 million) to two local tower...
Moody’s Affirms Protelindo Baa3 Rating, Outlook Stable
JAKARTA (TheInsiderStories) - Moody's Investors Service has affirmed PT Profesional Telekomunikasi Indonesia (Protelindo) Baa3 issuer rating. It said, the outlook for the rating is stable.
"Protelindo' Baa3...
Moody’s: Tower Deal is Credit Positive for Indosat and Both Acquirers
JAKARTA (TheInsiderStories) - On Oct. 15, PT Indosat Tbk (IDX: ISAT) (Baa3 negative), had entered into a sale and purchase agreement to sell and...
Indonesia’s Telkom, Protelindo Wins 3,100 Indosat’s Towers
JAKARTA (TheInsiderStories) - PT Dayamitra Telekomunikasi (Mitratel), unit of state-owned telecommunication provider, PT Telkom Indonesia Tbk (IDX: TLKM) and tower operator, PT Profesional Telekomunikasi Indonesia...
Indonesia’s Sarana Menara Shares Trade US$32.53M
JAKARTA (TheInsiderStories) - Indonesian tower provider, PT Sarana Menara Nusantara Tbk (IDX: TOWR) stock occurred in the negotiating market on Thursday (09/12) with total value...
Indonesia’s Sarana Menara Eyes Indosat’s Tower
JAKARTA (TheInsiderStories) - Local tower operator, PT Sarana Menara Nusantara Tbk (IDX: TOWR) also interested to acquire 3,000 towers owned by PT Indosat Ooredoo Tbk (IDX:...
Indonesia Protelindo’s Acquisition of Tower Operator is Credit Positive, Moody’s
JAKARTA (TheInsiderStories) - Last Monday (04/06), Indonesian tower operator PT Profesional Telekomunikasi Indonesia’s (Protelindo), parent company of PT Sarana Menara Nusantara Tbk (IDX: TOWR),...
Indonesia’s Sarana Menara Completes Tower Company Acquisition
JAKARTA (TheInsiderStories) - Indonesia's telecommunication tower operator PT Sarana Menara Nusantara Tbk (IDX: TOWR) announced the completion of the acquisition of PT Komet Infra Nusantara...