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Mitratel buys more towers and fiber in deals worth US$167 million

Indonesian telecoms infrastructure Dayamitra Telekomunikasi (Mitratel) said it has added more towers and optical fiber to its portfolio via separate acquisition deals worth a combined US$167.3 million.

Mitratel spends IDR1 8T on towers from rival

Indonesia-headquartered Dayamitra Telekomunikasi (Mitratel) closed a deal to acquire 803 towers from Gametraco Tunggal for IDR1.75 trillion ($112.6 million), adding more than 1,300 new tenants.

Mitratel posts profit surge

Indonesian tower company Dayamitra Telekomunikasi (Mitratel) reported a surge in profit on the back of tower acquisitions and growth in tenancy occupations. 

Mitratel registers record profit

Mitratel recorded a record high profit in the first nine months of 2023, with growth in towers and tenants.

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