REPUBLIKA.CO.ID, JAKARTA -- Publicly listed telecommunication tower provider, PT Tower Bersama Infrastructure Tbk (TBIG) is processing an acquisition of XL Axiata's towers. Company's finance director, Helmy Yusman Santoso said that the fund came from several sources, such as banking loan, Sustainable Public Offering (PUB) Phase II and global bond around 500 million USD.
"We are serious to do this corporate action to support our future growth and company's performance. With compatible price, we will carry out the bidding," Santoso said recently.
According to him, telecommunication industry is quite aggresively growing in line with the increase in mobile data services.
This condition encourages telecommunication industry to require a lot of new towers in future.
TBIG's president director, Herman Setya Budi said that this plan was quite efficient because company already had tenants.
Tower Bersama is still able to acquire more towers in large numbers like Indosat towers in 2012.
The communications infrastructure builder already have 10,572 telecommunication sites in March 2014, consisted of 9,382 towers, 1,040 shelters and 150 distributed antenna system (DAS) networks. Company plans to build 1,650-2,310 new towers and seeking 3,000-3,200 new tenants.
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