JAKARTA: PT Indosat, the Indonesian unit of Qatar's Ooredoo Group, said on Tuesday it has signed a 6.4 trillion rupiah ($452.30 million) deal to sell 3,100 telecommunication towers, which will be leased back.
Indosat said in a statement 2,100 units of towers will be sold to PT Dayamitra Telekomunikasi (Mitratel) and one thousand units will be sold to PT Profesional Telekomunikasi Indonesia (Protelindo).
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