Read this article to learn:
- Why the STP-XL Axiata deal made sense for the Indonesian towerco
- Specific terms and conditions that created value for STP
- The positive outcome of the deal: the first company’s bond
- STP’s diversifying revenue streams
In December 2014, STP closed a transformational 3,500 site deal with XL Axiata, a deal which concentrated over 90% of STP’s revenue as coming from Indonesia’s Big Four operators from 2015 onwards, while consolidating their position in a competitive tower market. Despite these critical motivations, the deal has been criticised by some commentators and analysts…
Towercos and MNOs are entitled to a free subscription. Please login with your usual credentials or apply for a new account.
This content is for Subscribers only
To read the full article either login below or follow the link to subscribe.
Announcing an enhanced TowerXchange Journal – subscribe now!
Our new improved offering will allow you to access the insight and analysis you have come to rely on from TowerXchange – but in a format that suits you.
We would love you to continue to receive the TowerXchange Journal by subscribing, and to contribute to the knowledge sharing and information resource we have built up in the form of over 2.5mn words of research and almost 1,000 CXO interviews. An individual subscription costs GBP£2,500 per year, with corporate subscriptions priced according to scale.
