JAKARTA - During the six months ended 30 June 2020, PT Tower Bersama Infrastructure Tbk (TBIG) generated revenue and EBITDA amounting to Rp 2.57 trillion and Rp 2.22 trillion, respectively. Using the second quarter 2020 results on an annualized basis, revenue and EBITDA reached Rp 5.26 trillion and Rp 4.55 trillion, respectively.
“We organically added 2,517 gross tenancies, consisting of 370 telecommunication sites and 2,147 collocations in the first half of 2020. As our telco customers focus on densifying and expanding their 4G networks, we have seen a strong demand for collocations, which has improved our tenancy ratio to 1.96,“ commented Hardi Wijaya Liong, CEO of TBIG.
As of 30 June 2020, TBIG had 31,039 tenants and 15,893 telecommunication sites. The company’s telecommunication sites comprised 15,772 telecommunication towers and 121 DAS networks. With total tower tenants amounting to 30,918 on tower sites, the company’s tenancy ratio is 1.96, up from 1.85 at the end of 2019. (LM)