$TOWR ..ngaruh ga ya....
*PT Indosat Tbk., PT Dayamitra Telekomunikasi, and PT Profesional Telekomunikasi Indonesia Announce Signing of the Sale Purchase Agreement of 3,100 Towers*
PT Indosat Tbk. (Indosat Ooredoo), announced today that, on October 14, 2019, it has signed a Sales and Purchase Agreements (SPAs) with each of PT. Dayamitra Telekomunikasi (Mitratel), and PT Profesional Telekomunikasi Indonesia (Protelindo), both have been declared the winning bidders of a competitive tender process for the sale of 3,100 Indosat Ooredoo telecommunications towers. Mitratel has been awarded 2,100 towers and Protelindo has been awarded 1,000 with the total transaction amount of IDR 6.39 Trillion. The transaction consideration are all in cash to be paid fully at closing. Closing of each transaction is anticipated to take place before the end of the year, subject to customary closing conditions including shareholders approval of company’s EGMS in November 21, 2019.
Indosat Ooredo will enter into a 10 year lease with each buyer for space on the towers at transaction closing.