Protelindo, PT

Protelindo, PT is the leading independent owner and operator of towers for wireless communications companies in Indonesia. Established in 2003, the company is owned by PT Sarana Menara Nusantara Tbk (SMN). As of March 2023, Protelindo owned and operated approximately 29,757 telecommunication tower sites with more than 53,820 tenants in Indonesia. PT Sarana Menara Nusantara Tbk completed its initial public offering of shares on March 8, 2010 and is now listed on the Indonesia Stock Exchange (IDX) with the stock code "TOWR". Protelindo’s primary business is leasing space on its multi-tenant tower sites to major wireless operators in Indonesia pursuant to long-term lease agreements. The company boasts the largest geographic footprint in Indonesia among independent tower operators. With a diverse customer base including major telecommunications operators in Indonesia, Protelindo is well-positioned to cater to the needs of national, regional, local, and emerging wireless communication companies. Telecom is the core industry of Protelindo.