Apr 5, 2011

Tower Bersama synergies with Vihan

PT Tower Bersama Infrastructure Tbk (TBIG), a provider of base transceiver station (BTS) telecommunication infrastructure, and Vihan Networks Ltd have agreed to set up a collaboration to provide telecommunication infrastructure solutions for regional Indonesia.
In a press statement submitted to Indonesia Stock Exchange (IDX) today, the new infrastructure and service solutions to be introduced by Tower Bersama and Vihan will improve services to telecommunication operators and the public by providing telecommunication network infrastucture using GSM-based Vihan technology, solar power, and broadband.
The new solutions will enable mobile telecommunications to reach regional Indonesia with greater cost effectiveness and efficiency.
At end of March 2011, Tower Bersama owned and operated sites with more than 5,000 operator tenancies accross Indonesia. The company's major shareholders are Saratoga Group and Provident Capital Group. 

Disclosure: No position at the stock mentioned above.

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