Indonesia's Indosat selling 3,000 telecom towers - report

Plans to lease them back.
Indonesia, Towers, Indosat, Business, Tech, Asia, Infrastructure, Money


Near Ngurah Rai International Airport in Bali, Indonesia. Photo credit: Ben Mack

Reports say Indonesia's Indosat plans to sell about 3,000 towers in the South-East Asian nation.

It reportedly then plans to lease the towers back to save on infrastructure costs.

The deal would be worth about US$300 million.

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