Indonesia is hot again
SLBs, new deployments and the prospect of more foreign investments take the country back into the spotlight
For a couple of years, Indonesia was a relatively quiet tower playground. This mature market enjoyed healthy levels of organic growth and welcomed some innovation initiatives from both towercos and MNOs, but besides Protelindo’s expansion and diversification efforts, the country’s tower industry didn’t offer any major news. After a few quiet years, Indonesia is finally enjoying a new wave of sale and leaseback deals while preparing for the potential entry of international investors and the planned exit of some private equity firms. In the meantime, 4G upgrades and 5G tests will guarantee plenty of opportunities for organic growth and new technology deployments.