PT edotco Infrastruktur Indonesia acquired 1000 towers in Indonesia from PT XL Axiata Tbk for IDR 750 billion.
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.