Read this article to learn:
- A comparison of the debt profiles of Indonesia’s leading towercos, Protelindo, TBI and STP
- How those divergent financial profiles affect their ability to make large, debt funded acquisitions
- The impact of TBI and STP’s recent acquisitions of Mitratel and from XL Axiata respectively
- An illustration of the importance of counterparty risk, using Indonesia’s Big Four telecom operators as an example
Ownership changes in the Indonesian telecommunications tower sector will continue over the medium term – carrying over the trend of recent years – as the industry is at an inflection point with leading telecom operators looking to monetise additional tower assets over the next 12-18 months. This trend, which is further indicative of a significant…
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