Fresh Ready 5600 Telkom Towers in Telkomsel SingTel

Telkom ready to submit a proposal offering to buy about 5600 of the tower that belongs to Singtel in Telkomsel. Telecommunications SOEs has also been appointed as an advisor at Macquarie Securities Group Telkom tower unification under Dayamitra Telecommunications.

"Studies have not finished. After that we will make an offer to the parties whether they agree Singtel remove. If yes, we buy," Telkom president director Rinaldi Firmansyah said on the sidelines of a seminar Telkom Corporate ICT, at the Hotel Kempinski, Jakarta, Wednesday (12 / 5 / 2010).

Telkom plans to establish a special business unit to manage the tower business through its subsidiary, Dayamitra. But the plan was still experiencing difficulties since Telkomsel, a subsidiary of his cell, also owned by SingTel. SingTel has a 35% share.

Thus, from about 16 thousand towers in Telkomsel, 35% or about 5600 of them are part of SingTel. Telkom also try to buy the rights to ownership of the tower Dayamitra in the next three years had a residence selling power to go public through the inital public offering (IPO).

Rinaldi not want to mention that the price will be offered to buy the 5600 tower from Singtel. The reason is still under review. However, he estimates, for the new tower, Telkom will be offered with prices ranging from USD 600-700 million per tower.

"As for the old tower could be up to USD 1 billion. For to the old tower had a lot of operational cost," said the CEO of Telkom.

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