Peter Sondakh wants his towers back, but at what price?


Workers climb to install a 60-meters telecommunication tower in Banda Aceh, Indonesia. Indonesia is one of the largest mobile phone users in Asia. — EPA

How much is Indonesian billionaire Peter Sondakh willing to pay to get back some of the telecom towers he sold nearly a decade ago?

That is the question as the growing tower business, which is booming due to the explosive growth in data with the number of smartphone users soaring, is a lucrative side of the business with telecom companies eager to expand their network coverage.

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