Protelindo successfully completed the acquisition of approximately 10,800 km of fibre optic assets from PT Alita Praya Mitra for IDR800 billion, enhancing its position as a leading provider of fibre connectivity solutions in Indonesia.
Information on the Target
PT Alita Praya Mitra (“Alita”) is a prominent telecommunications company in Indonesia, specializing in the operation and maintenance of robust fibre optic networks. Alita boasts an extensive infrastructure that spans approximately 10,800 kilometers, providing high-speed internet connectivity across key regions in the country. This substantial asset positions Alita as a pivotal player in the expanding telecommunications sector, particularly in the realm of fibre connectivity.
The acquisition of Alita's fibre optic assets by Protelindo represents a significant strategic move, as these assets will seamlessly integrate with existing infrastructure, enhancing service offerings and maintaining high-quality connectivity solutions. This transaction highlights the growing importance of fibre optics in meeting the increasing demand for reliable high-speed internet services.
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Industry Overview in Indonesia
The telecommunications industry in Indonesia has been undergoing a transformation, driven by rapid advancements in technology and an increasing demand for data services. With a growing population and a surge in internet users, the need for enhanced tele
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Disclosed details
Transaction Size: $54M