Arrow Artboard Created with Sketch. Artboard Created with Sketch. Title Chevron Title Chevron Icon Facebook Icon Linkedin Icon Mail Contact Path Layer Icon Mail Positive Arrow Icon Print Telecommunication Indonesia's Indosat in talks to sell $300m worth of telecom towers Carrier expected to lease back the infrastructure to save on costs Workers adjust an Indosat base station in Jakarta. The company hopes to save on maintenance costs.
DEVIANA CHUO and SARAH YUNIARNI, DealStreetAsia July 9, 2019 13:33 JST | Indonesia
SINGAPORE/JAKARTA -- Indonesia-based telecom company Indosat Ooredoo has initiated talks to sell 3,000 telecom tower assets, people familiar with the development told DealStreetAsia.
Indosat Ooredoo is working with JP Morgan as the sell-side advisor on the process.
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