Indonesia's Mitratel buys 803 telecom towers in expansion push

Tower operator says further growth ahead on Sumatra island

20231130 Mitratel in Indonesia

Mitratel, officially known as Dayamitra Telekomunikasi, is Indonesia's largest telecom tower company. (Photo courtesy of Dayamitra Telekomunikasi)

ISMI DAMAYANTI, Nikkei staff writer

JAKARTA -- Indonesia's largest telecom tower company, Mitratel, said on Thursday that it has bought 803 towers for $113 million from local telecom infrastructure company Gametraco Tunggal.

The acquisition adds up to 1,327 new tenants for Mitratel, officially known as Dayamitra Telekomunikasi, and follows its recent acquisition of 967 kilometers of fiber optic lines spanning from Jakarta to Central Java in a transaction valued at $5 million.

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