TJAJO & Partners Assisted Completion of Sale and Leaseback Transaction of 997 Telecomunication Towers by Mitratel

Congratulations to PT Dayamitra Telekomunikasi Tbk (Mitratel) for completing another remarkable IDR1.68 trillion tower acquisition transaction. This transaction strengthens Mitratel’s position as Southeast Asia’s largest telco tower operator by owning and operating more than 35,000 towers to date.

Led by our Partners, Rambun Tjajo and Ken Prasadtyo, also primary support from Associate Partner, Brahmantyo Jatiwidianto and Associate Eldwin Islamey, we are proud to have supported Mitratel in completing this transaction.

Please see the media coverages below:

• https://www.mitratel.co.id/2023/02/20/mitratel-akuisisi-tower-indosat-peluang-operator-expansi-jaringan-semakin-terbuka/
• https://www.mitratel.co.id/2023/02/17/mitratel-dan-indosat-ooredoo-hutchison-menandatangi-perjanjian-transaksi-penjualan-dan-sewa-kembali-bersyarat-997-menara-telekomunikasi/
• https://market.bisnis.com/read/20230220/192/1629940/mitratel-sepakat-akuisisi-997-menara-milik-indosat-kuartal-i-2023-rampung