Indonesia's Mitratel seeks local partners to expand in Southeast Asia

Telecom tower company eyes Malaysia, Thailand and Philippines, a top executive says

20231101 DSA

Mitratel is Indonesia's largest telecom tower company, with over 37,000 towers and 29,000 fiber optic lines. (Screenshot from Mitratel website)

GITA ROSSIANA, DealStreetAsia

JAKARTA -- A GIC-backed Indonesian telecom tower company is seeking local partners to expand in Southeast Asia, a top executive told DealStreetAsia.

Hendra Purnama, chief investment officer at Dayamitra Telekomunikasi Tbk (Mitratel), said the company has received several deal proposals but nothing has been finalized. "Many companies are approaching Mitratel," he said, "but we haven't found the ideal partner yet as none of the proposals received so far is interesting to us."

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