Telco tower operators reported mixed results for their first half (H1) of 2018. Djarum Group’s Sarana Menara Nusantara (TOWR), the largest tower operator, booked revenues of Rp2.8 trillion in H1, it grew 6.1% from H1 of last year. Net profit declined 1.4% to Rp1.08 trillion as it paid higher income tax (Rp365.4 billion).
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