Bisnis.com, JAKARTA—The tower company under PT Telkom Indonesia (Persero) Tbk. (TLKM), PT Dayamitra Telekomunikasi Tbk. (MTEL) or Mitratel, posted solid performance in the first half as the firm continues spreading its wings through infrastructure acquisitions and efficiency measures.
Mitratel reported a 3.3% year-on-year (YoY) revenue increase to IDR4.59 trillion in the first half, driven by organic tenant growth, expansion of fiberization services, and contributions from the non-tower segment. Net profit was IDR1.09 trillion, up 2.9% (YoY).
