PT Sarana Menara Nusantara Tbk. Reports Earnings Results for the Nine Months Ended September 30, 2021

PT Sarana Menara Nusantara Tbk is an Indonesia-based company, which is engaged in investing in the operating companies, which owns and operates tower telecommunication sites and lease them to wireless communication companies. The Company's segments include Tower rental and VSAT and wireline services. Its business activities are conducted primarily through PT Profesional Telekomunikasi Indonesia (Protelindo). Protelindo's primary business is leasing space on its multi-tenant tower sites to wireless operators in Indonesia pursuant to long-term lease agreements. The leased space consists of vertical space on the tower, on which its customers can install both radio frequency antennas and microwave antennas, as well as ground space at each site for its shelters and cabinets for electronic equipment and power supplies storage. Protelindo operates independently from the wireless communication operators. Protelindo owns and operates approximately 29,794 telecommunication tower sites.