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Mitratel is a telecommunications infrastructure support company. All the companies are based in Indonesia.
HSBC and Melli Darsa & Co. are acting as financial and legal advisors to Mitratel, respectively, on this transaction.
Deal Type Acquisition Sub-Category Majority Acquisition Deal Status Announced: 2009-08-19
Deal Participants
Target (Company) PT. Solusindo Kreasi Pratama Acquirer (Company) PT. Dayamitra Telekomunikasi
Deal Rationale
The acquisition would strengthen Telkom's position in the telecom industry. Indonesiantower would strengthen Mitratel with an experienced management team as well as long term relationships with all the mobile operators in Indonesia. The acquisition is inline with Mitratel's objective to become one of the leading tower companies in Indonesia.
% Acquisition 80%
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