Protelindo on the KIN deal and Indonesia’s growth pattern
Three years after iForte, Protelindo strikes again
Early this year, Protelindo officially announced the acquisition of 100% shares in PT Komet Infra Nusantara (KIN), adding 1,400 towers and more than 2,000 to its portfolio. The company keeps expanding its dominance in Indonesia, a market that has experienced a lot of organic growth and dynamism over the last few months.
Protelindo’s CFO Steve Weiss comments on the drivers behind the acquisition and discusses the company’s strategy and future expansion plans, where fibre and new technologies are going to play a critical role.
Steve and other senior representatives from Protelindo will be joining and networking with 250+ Asian tower executives, investors and telecom experts at the fifth annual TowerXchange Meetup Asia, taking place in Singapore, December 4-5.