Telco tower operators only reported marginal growth for their 2017 first half (H1) revenues, while posting negative growth in bottom lines due to interest and other expenses. Djarum Group’s Sarana Menara Nusantara (TOWR), the largest tower operator, booked revenues of Rp2.64 trillion in H1; it grew 9.1% but net profit declined 3.9% to Rp1.27 trillion as finance cost rose 27% to Rp361 billion.To subscribe please click here