10-07-2025
Mitratel Is Said to Weigh Reviving $5.5 Billion Bersama Merger
By and Manuel Baigorri
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Indonesian telecommunications tower company PT Dayamitra Telekomunikasi is considering reviving a merger with rival PT Tower Bersama Infrastructure, people familiar with the matter said, which would mark the second such attempt in a decade.
The companies, both listed in Jakarta, have held early talks with prospective advisers about the merits of a potential combination that could create an entity worth about 90 trillion rupiah ($5.5 billion), the people said, asking not to be identified because the deliberations are private.