The acquisition & lease back of 2,100 telecommunication towers of Indosat Ooredoo
Congratulations to Telkom Indonesia and PT. Dayamitra Telekomunikasi (Mitratel) for the acquisition & lease back of 2,100 telecommunication towers of Indosat Ooredoo which was carried out through a highly competitive bidding process involving prominent players in the industry.
The transaction signifies a major milestone for both parties, creating a long-term partnership which is not only beneficial to Telkom and Indosat but may also strengthen the future of telecommunication tower industry in Indonesia. In addition, the acquisition of these towers will further reinforce Mitratel’s position as a leading independent tower provider in Indonesia that delivers excellent services to Indonesian telecommunication operators.
Led by our Managing Partner, Pramudya A. Oktavinanda, and Associate, Andika Setia Budi, UMBRA – Strategic Legal Solutions represented Telkom and Mitratel as the leading legal counsel in the entire bidding process that originally covers 3,100 tower assets. We are proud to be a part of this exciting deal, demonstrating our capability to swiftly handle a major size transaction in a challenging schedule and environment. Thank you for the trust given to us and congratulations again for all the participants!