TowerXchange has started our preliminary research into the tower industry in Southeast Asia to find out whether we could add value by extending our coverage to the region. Since then we’ve been inundated with enquiries about Indonesia, Myanmar, Malaysia, Vietnam, Cambodia and beyond, even before we had published a word of research! So we’re happy to share this sneak preview of our forthcoming coverage of the tower industry in Southeast Asia.
Indonesia is the crown jewel in the Southeast Asian tower industry. Protelindo, Tower Bersama, Mitratel and STP each has substantial portfolios, and some impressive tenancy ratios and EBITDA margins are being achieved.