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Announced

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Digital Colony completed the acquisition of 4200 telecom towers from Indosat for $750m.

Synopsis

Digital Colony, a digital infrastructure investment firm, completed the acquisition of 4200 telecom towers from Indosat, Ooredoo's Indonesian unit, for $750m. "I am delighted that Indosat Ooredoo has agreed this deal with Edge Point Indonesia, which has been long in the planning and is in-line with our turnaround strategy to create more value for shareholders and customers," Ahmad Al-Neama, Indosat Ooredoo President Director and CEO.

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