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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...

Indonesia’s Tower Bersama to Releases Global Bond US$350M

JAKARTA (TheInsiderStories) - PT Tower Bersama Infrastructure Tbk (IDX: TBIG), a tower manager based in Indonesia, offered global bonds with total amount US$350 million,...

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...

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 Wahana Raises US$94M from Tower Bersama Shares Sale

JAKARTA (TheInsiderStories) - Indonesian tower operator, PT Tower Bersama Infrastructure Tbk (IDX: TBIG) has sold more than 212.15 million shares or 5.69 percent of...

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’s Tower Bersama Announces Rupiah Bond Offering US$45M

JAKARTA (TheInsiderStories) - Indonesia publicly listed's PT Tower Bersama Infrastructure Tbk (IDX: TBIG) announces that it has closed its continuous Rupiah Bond worth of Rp608 billion...

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...