PT Tower Bersama signed a Conditional Asset Sale and Purchase Agreement to acquire 3000 towers from PT Inti Bangun Sejahtera Tbk for IDR 4 trillion.

PT Inti Bangun Sejahtera Tbk is an Indonesia-based company that is engaged in providing telecommunications towers and infrastructure. The Company's principal activity is in the operation of telecommunication network services. The Company operates through three segments: Telecommunication tower lease, Network equipment and bandwith lease, and Tools and machinery lease. Its products include Build to Suit (B2S), Collocations, BTS Hotel, Microcell Pole, Microcell Pole with Fiber Optic, Cluster-Based, Leased Core, Local Loop, Internet Services and FTTx (Fiber to Home or Building) Infrastructure. It operates in Jakarta Greater Area, including Jabo; South Sumatera, including Palembang, Bandar Lampung and Pekanbaru; North Sumatera; West Java, including Bandung; Central Java, including Semarang and Yogyakarta; East Java, including Surabaya and Bali, Sulawesi and Kalimantan, including Sulawesi Selatan and Balikpapan.