PROJECT

Projects

Summary of Investment Information

Project Number

32367

Company Name

PT PROFESIONAL TELEKOMUNIKASI INDONESIA

Date SPI Disclosed

Apr 3, 2013

Country

Indonesia

Region

East Asia and the Pacific

Projected Board Date

May 6, 2013

Environmental Category

B - Limited

Status

Completed

Last Updated Date

Nov 30, 2016

Department

WBG Digital and AI

Industry

Telecommunications and Technology

Previous Events

Approved : May 21, 2013
Signed : Jul 23, 2013
Invested : Oct 24, 2013

Sector

Other (Including Satellite Telecommunications, Radio and Television Broadcasting, etc.)

Project Description

The project is to support PT Profesional Telekomunikasi Indonesia (“Protelindo” or the “Company”) in expanding its nationwide network of telecommunication towers which are leased to Indonesian mobile phone operators pursuant to long-term lease agreements. Protelindo is the largest independent owner and operator of tower sites in Indonesia. The Company owned and operated 8,460 towers as of December 31, 2012. As an independent tower operator, the Company allows multiple mobile operators to share tower space, creating significant economic and other benefits in the Indonesian mobile market which is undergoing rapid growth.

Sponsor / Cost / Location

Development Impact

E&S Category Rationale / Risks and Mitigation