Announced
Completed
Financials
Sources
Tags
Single Bidder
Friendly
Majority
telecom towers
Telecommunications infrastructure
Private
Indonesia
Acquisition
Cross Border
Private Equity
Completed
Infrastructure
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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