Telco operator Indosat (ISAT) plans to sell 4247 units of its telco towers to PT EPID Menara Assetco for Rp10.47 trillion value. The sale is expected to complete in June. The sale is part of the Company’s turnaround strategy, which has refocused its business on digital products and services and strives to create optimal value from its infrastructure. Earning revenue from a portfolio of high-quality telecommunications towers is a key pillar of the Company’s current strategy.
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