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Gihon Telekomunikasi is optimistic that it can achieve its tower construction target

16 October 2019 08:02

JAKARTA. PT Gihon Telekomunikasi Indonesia Tbk (GHON) is optimistic that its construction target of 645 Built to Suit (B2S) towers and 300 collocation towers can be achieved by the end of 2019.

Rudolf P Nainggolan, Managing Director of GHON, said that by now, his party has built as many as 610 B2S towers. "For this year's target, it looks like it will definitely be achieved," Nainggolan said as reported by Kontan on Wednesday (16/10) today.

In addition, Nainggolan is also optimistic that GHON's revenue can grow by 15% in 2019. In 2018, the company generated Rp 108.7 billion in revenue.

GHON noted that 70% of the demand for BTS tower came from Java. Considering its performance up to the third quarter of this year, the company targets the growth of BTS towers in 2020 to reach 15% to 18%. (KR/AR)

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