Mitratel (MTEL) raises capex allocation to Rp 14 trillion


PT Dayamitra Telekomunikasi Tbk (MTEL) or Mitratel has absorbed capital expenditure (capex) of around Rp 12 trillion until July 2022. The capex is used for organic and inorganic development. Director of Investment and Corporate Secretary of Mitratel Hendra Purnama said the capex for 2022 was also increased to Rp 14 trillion, from the initial plan of Rp 9.9 trillion. This is in line with the realization of Mitratel's faster expansion, especially related to the acquisition of 6,000 Telkomsel towers.


August 04 2022, Kontan

 
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