PT. Dayamitra Telekomunikasi (Mitratel) completing the IDR10.3 trillion sale and leaseback transaction of 6,050 telco towers from Telkomsel, the largest telco assets deal in South East Asia to date

Huge congratulations to PT. Dayamitra Telekomunikasi (Mitratel) for completing the IDR10.3 trillion sale and leaseback transaction of 6,050 telco towers from Telkomsel, the largest telco assets deal in South East Asia to date.

Supporting Mitratel’s journey of becoming the leading and largest tower company in Indonesia and South East Asia has been a real pleasure for us. Led by our Managing Partner, Pramudya A. Oktavinanda, and associate Andika Setia Budi, in the last 2 years only, UMBRA has participated in multiple assets and shares deals for Mitratel involving more than 10,000 telco towers with a total deal value of more than IDR15 trillion, each always in such a tight deadline and with complex closing procedures to ensure that thousands of those towers can be transferred swiftly at the same time.

Thank you also to BRI Danareksa Sekuritas, J.P. Morgan Indonesia, and Hiswara Bunjamin & Tandjung for their great cooperation during negotiation and completion of the deal. All the best for Mitratel and Telkom Group! We will always be ready to support you to be the leading integrated digital company in the region and beyond.

#WeGetThingsDone #WeMasterTheGame #NoFirmLikeUs