EXCL - PT. XL Axiata Tbk

Rp 1.930

+35 (+1,81%)

JAKARTA - PT Centratama Telekomunikasi Indonesia Tbk (CENT) bought four telecommunication towers from PT XL Axiata Tbk (EXCL) for Rp 5.64 billion. This increases the number of EXCL towers purchased by CENT to 136 units.

In the company's disclosure published on Wednesday (29/7), Wiwik Septriandewi, Corporate Secretary of PT Centratama Telekomunikasi Indonesia Tbk (CENT) said that the purchase is a continuation of the planned sale of EXCL's telecommunication towers. "EXCL has decided that CENT is the winner of the tender for the sale of 1,054 of our towers," he said.

Of those towers, she said, 1,032 units had been purchased by CENT on 31 March 2020. The remaining 15 towers will be kept by EXCL.

"EXCL will lease back some of the towers for the next 10 years," she said. (LK/AR)