Indosat Ooredoo can obtain Rp 8 trillion from divestment of towers

PT Indosat Ooredoo Tbk has the opportunity to reap fresh money with a jumbo value. This money comes from thousands of telecommunication towers that are ready to be sold by the company which is in preparation for the merger with Hutchinson 3 Indonesia. Vikram Sinha, Director & Chief Operating Officer of Indosat, said that the company will sell 4,000 telecommunication towers. Michael estimated that it will reap fresh money of around Rp 8 trillion if it succeeds in selling the 4,000 towers.

February 22 2021, Kontan - Read 13 times

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