PT edotco Infrastruktur Indonesia acquired 1000 towers in Indonesia from PT XL Axiata Tbk (IDX:EXCL) for IDR 750 billion on February 28, 2022. edotco will acquire 859 towers through a sale and leaseback and enter into a managed service agreement for an additional 162 sites, with a significant Build-To-Suit potential with XL Axiata. Following this transaction, edotco will have a presence in 9 markets across Asia, with a portfolio of over 50,000 owned and managed towers under its operations.

PT edotco Infrastruktur Indonesia completed the acquisition of 1000 towers in Indonesia from PT XL Axiata Tbk (IDX:EXCL) on February 28, 2022.