EXCL-FREN merger triggers volatility; bright outlook for TOWR and MTEL?
20 Jan 2025 18:56
Amid negative sentiment surrounding the upcoming EXCL and FREN merger, can telecom tower companies capitalise on market momentum?
Telkom Indonesia confident on positive performance and profitability
26 Aug 2024 12:21
PT Telkom Indonesia (Persero) Tbk (TLKM), a telecommunication company with the biggest market capitalisation in Indonesia, is confident that it will be able to drive positive growth in performance, as well as generating profit by the end of 2024.
Telkom to focus on sustainable revenue through Five Bold Moves strategy
26 Aug 2024 11:02
PT Telkom Indonesia (Persero) Tbk (TLKM) accelerates its Five Bold Moves (5BM) strategy, which will be realised through its FMC, InfraCo, and Data Centre businesses, as an implementation of an optimum business transformation.
Indosat’s net profit grew 39.3% in Q1 2024
17 May 2024 09:42
PT Indosat Tbk (ISAT), a wireless telecommunication service company with the highest market cap in Indonesia, scored net profit of IDR 1.29 trillion in Q1 2024, growing 39.3% year-on-year (yoy) from the same quarter last year.
Operational cost swelled, INET’s net profit shrank 56.9%
16 Apr 2024 09:54
PT Sinergi Inti Andalan Prima Tbk (INET) recorded net profit of IDR 875.6 million throughout 2023, down 56.9% year-on-year (yoy) from IDR 1.37 billion.
TBIG sold 81.59 million treasury shares to Bersama Digital Infrastructure
07 Sep 2023 11:17
PT Tower Bersama Infrastructure Tbk (TBIG), a telecommunications company belonging to the Djarum Group, has sold 20.59 million treasury shares.
CENT to acquire 397 towers for IDR 1.15 trillion
07 Aug 2023 08:25
PT Centratama Telekomunikasi Indonesia Tbk (CENT), a telecommunication company under EP ID Holdings Pte Ltd, has acquired 397 telecommunication towers from PT Anugerah Communicatoin (PTAC).
Supported by performance of all business lines, TOWR's revenue grew 8.66%
03 Aug 2023 12:35
PT Sarana Menara Nusantara Tbk (TOWR), an issuer that owns a telecommunications tower operator, posted revenue of IDR 5.77 trillion in the first half (1H) of 2023.
