10 October 2022

PT Telekomunikasi Selular (Telkomsel) has announced its third tower sale in three years, this time of 6,000 towers for an undisclosed price, to PT Dayamitra Telekomunikasi Mitratel.

This follows the 2020 sale of 6,050 towers for US$700 million, and the 2021 sale of 4,000 towers for US$436 million. Since 2020, Telkomsel has sold 16,050 towers to Mitratel.

Under the terms of the deal, Mitratel will implement Telkomsel’s IoT and Data Analytic services to provide real time telecommunication tower operational management and proactive power consumption optimisation.

“The ownership diversion of 6,000 telecommunication towers can be our main capital for market expansion and to support the acceleration of 5G implementation in Indonesia, increase Mitratel’s production equipment, and strengthen Mitratel’s position as the biggest tower provider in Indonesia and one of the largest in southeast Asia,” said Mitratel CEO Theodorus Ardi Hartoko. “Along with the transaction, we also agreed to explore tower ecosystem business with Telkomsel by utilising Internet of Things (IoT) to support service operation and business expansion that encompasses green energy service and other new ecosystem tower business.”