PT PP Infrastruktur divests its telecommunications business to PT Dayamitra Telekomunikasi Tbk, enhancing both companies’ strategic positions in Indonesia's burgeoning telecom sector.
Target Information
PT PP Infrastruktur has undertaken a strategic divestment of its telecommunications business to PT Dayamitra Telekomunikasi Tbk, commonly known as Mitratel. This decision marks a significant shift in PT PP Infrastruktur’s business focus, as it aims to concentrate its resources on more diversified infrastructure projects and enhance its operational efficiency.
Mitratel, a prominent player in Indonesia's telecommunications sector, specializes in providing telecommunication network solutions, particularly in tower leasing and related services. This acquisition positions Mitratel to expand its operational footprint and bolster its service capabilities in a rapidly evolving digital landscape.
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Industry Overview in Indonesia
The telecommunications industry in Indonesia has experienced robust growth over recent years, driven by an increasing demand for connectivity and digital services among the po
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