TBIG - PT. Tower Bersama Infrastructure Tbk

Rp 5.900

+75 (+1,29%)

JAKARTA - PT Tower Bersama Tbk (TBIG) assumes they will spend around Rp1.5 trillion in capital expenditure in 2016, mostly sourced from free cash flow.

Tower Bersama Director Helmy Santoso told reporters, “Per tower is about Rp1.1 billion to Rp1.2 billion, then we would expect roughly for capex will be Rp1.5 trillion,” at the company’s public expose in Jakarta.

The company wants to expand with 1,250 new sites and cater up to 2,500 tenant leases this year.