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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...