Indonesian telco Indosat Ooredoo sells 4,200 towers worth US$750mil to Edge Point


JAKARTA (The Jakarta Post/ANN): Publicly-listed PT Indosat, Indonesia’s third-largest telecommunications firm, recently sealed a deal to sell more than 4,200 towers worth US$750 million in raising capital to expand its internet network in the country.

Indosat sold the towers to Edge Point Indonesia, a subsidiary of Edge Point Singapore, which won a tender.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Indonesia , Indostat , towers , sale , Edge Point

   

Next In Aseanplus News

TikTok artists and advertisers to stay with app until 'door slams shut'
TikTok to suspend TikTok Lite's reward programme amid EU concerns
Yorke: Legends squad a class above the current Red Devils
Ferrari strikes multi-year partnership with HP for Formula One team sponsorship
Pakatan fields young candidate, Pang Sock Tao for KKB by-election
Asean news headlines as at 9pm on Wednesday (April 24)
Anti-graft panel frees ex-PM Yingluck of any legal action
Mt Ruang eruption damages thousands of houses in North Sulawesi
Thailand plans for first post-coup Senate election, referendum
Bella Astillah has long known Sarah Yasmine is one of 11 women in relationship with husband Aliff Aziz

Others Also Read