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As of 10:04 PM 06/11/14 All times are local (Market data is delayed by at least 15 minutes).

solusi tunas pratama tbk pt (SUPR) Snapshot

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03/17/14 - $9,000
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02/5/14 - $6,450
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solusi tunas pratama tbk pt (SUPR) Details

PT Solusi Tunas Pratama Tbk owns and operates telecommunication towers for telecom operators in Indonesia. The company operates and leases base transceiver station tower buildings or telecommunications towers, and telecommunications facilities. It operates a network of approximately 2,845 green field and rooftop telecommunication towers, including 4 legged self supporting towers, 3 legged self supporting towers, camouflage towers and poles, monopoles, and mini towers. The company was founded in 2006 and is headquartered in Jakarta, Indonesia. PT Solusi Tunas Pratama Tbk is a subsidiary of PT Kharisma Indah Ekaprima.

286 Employees
Last Reported Date: 04/30/14
Founded in 2006

solusi tunas pratama tbk pt (SUPR) Top Compensated Officers

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solusi tunas pratama tbk pt (SUPR) Key Developments

Nusantara Eyes Axiata’s Telecommunication Towers

PT Nusantara Infrastructure (JKSE:META) is planning to bid on PT XL Axiata Tbk (JKSE:EXCL)’s telecommunication towers. XL Axiata announced in July 2014 that it will sell some of its telecommunication towers to pay off its debt. A report by the Wall Street Journal said that XL Axiata is offering up to 2,000 towers in a bid to raise around $500 billion. Others planning to bid on the towers, include PT Solusi Tunas Pratama Tbk (JKSE:SUPR), PT Sarana Menara Nusantara Tbk (JKSE:TOWR), PT. Inti Bangun Sejahtera, Tbk (JKSE:IBST) and PT Tower Bersama Infrastructure Tbk (JKSE:TBIG). Ramdani Basri, President Director of Nusantara, said that the company has been seeking for a strategic opportunity to expand into the telecommunication tower businesses. “As an infrastructure company, of course, we’d like to keep expanding if there’s any offer from XL Axiata,” Ramdani said on July 17, 2014.

Tower Bersama Infrastructure, Rivals Set To Bid for XL’s Tower Assets

PT Tower Bersama Infrastructure Tbk (JKSE:TBIG) and rivals have expressed interest to buy the tower assets of PT XL Axiata Tbk (JKSE:EXCL). Turina Farouk, corporate secretary at XL Axiata, was quoted as saying by Investor Daily that Axiata would announce the bidders for its towers in the week ending July 18, 2014. Turina declined to disclose the amount of towers that the company would be selling. Executives at Sarana Menara Nusantara, one of the potential bidders, have expressed interest. “We are interested, and we are ready to buy XL’s towers,” Adam Gifari, President Director at Sarana Menara Nusantara, told the Jakarta Globe. “As long as the price is right, we would definitely put in our bid,” Helmy said. Reuters reported that Nobel Tanihaha, Chief Executive at PT Solusi Tunas Pratama Tbk (JKSE:SUPR), said that Solusi Tunas was also interested in bidding for XL Axiata’s tower assets.

Solusi Tunas To Acquire Towers

PT Solusi Tunas Pratama Tbk (JKSE:SUPR) is looking to acquire towers. Nobel Tanihaha, President and Director of PT Solusi Tunas Pratama Tbk said, "With the current lack of telecommunication infrastructure in Indonesia, network providers will not be able to keep up with the rising demand. They will need more towers. Solusi Tunas plans to build 70 percent of the 1,000 towers, and acquire the remainder."


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