PT Dayamitra Telekomunikasi Tbk. (IDX:MTEL) entered into agreement to acquire 997 telecommunication towers from PT Indosat Ooredoo Hutchison Tbk (IDX:ISAT) for IDR 1.6 trillion on February 15, 2023. The transaction is projected to be completed in the first quarter of 2023. BofA Securities, Inc. acted as financial advisor to PT Indosat Ooredoo Hutchison Tbk (IDX:ISAT).

PT Dayamitra Telekomunikasi Tbk. (IDX:MTEL) completed the acquisition of 997 telecommunication towers from PT Indosat Ooredoo Hutchison Tbk (IDX:ISAT) on March 1, 2023.