TJAJO & Partners Assisted Completion of the Sale and Leaseback Transaction of Telkomsel’s 6,000 Telecommunication Towers by Mitratel

Congratulations to PT. Dayamitra Telekomunikasi (Mitratel) for completing the largest telco tower deal and now has emerged as South East Asia’s largest telco tower operator by owning and operating over 34,000 towers.

We are proud to have assisted Mitratel in completing this IDR10.2 trillion remarkable deal. Led by our Partner Ken Prasadtyo with the primary support from Senior Associate Brahmantyo Jatiwidianto and Associate Eldwin Islamey.

It was a great experience to have worked with Pak Hendra Purnama, Pak Agung Nugroho, Pak Radita Ali Putra, and the remarkable team at Mitratel.

Once again, huge congratulations to Mitratel and the other parties who were involved in this deal.

Please see the media coverages below:

https://www.cnbcindonesia.com/market/20220802165004-17-360551/mitratel-akuisisi-6000-unit-menara-telkomsel-rp-1028-t

https://insight.kontan.co.id/news/mitratel-akuisisi-6000-menara-telkomseljudul

https://www.idntimes.com/business/economy/vadhia-lidyana-1/mitratel-akuisisi-6-ribu-menara-telkomsel-pakai-dana-ipo