Tower Bersama Infrastructure
The principal business of PT Tower Bersama Infrastructure Tbk and its subsidiaries (Tower Bersama Group) is leasing space for antennas as well as other equipment for wireless signal transmission at tower sites and shelter-only sites under long-term lease agreements with telecommunication operators. Tower Bersama Infrastructure also provides telecommunication operators with access to its Distributed Antennae System (“DAS”) networks in shopping malls and office buildings in major urban areas. The Tower Bersama Group is one of the leading independent tower companies in Indonesia.
Profile
| Industry Sector | Infrastructure, Utilities & Transportation |
| Industry Sub Sector | Construction |
| Established | 8 November 2004 |
| Listed | 26 October 2010 |
| Listed Company Code | TBIG |
| Listed Shares | 4,531,399,889 |
| Dividend | Yes |
| Major Shareholders (>5%) | Wahana Anugerah Sejahtera (29.13%) Provident Capital Indonesia (26.47%) JPMCC-SPO Partners II, LP (6.92%) |
| Key Subsidiaries | United Towerindo Tower Bersama Metric Solusi Integrasi Tower One |
Stock Quote Tower Bersama Infrastructure - TBIG:
Business Summary
Tower Bersama Infrastructure's core business is investing and/or participating in telecommunications support activities as well as telecommunications supporting services. The company's activities are in the field of services and investment, which includes rental services and the management of Base Transceiver Station (BTS) towers, consulting services for the installation of telecommunication equipment, management consulting services, business administration, business development strategy and investment, as well as investment in other companies.
The Tower Bersama Group is well-positioned to benefit from growing demand for telecommunication towers. As of 1 January 2017 the company had 20,486 tenants and 12,610 telecommunication sites. The company’s telecommunication sites comprised 12,539 telecommunication towers, and 71 DAS networks.
The completion of the acquisition of 2,500 towers from Indosat in August 2012 was an important milestone for the company for generating additional revenue.
Telekomunikasi Selular (Telkomsel), Indonesia's largest mobile operator and a unit of Telekomunikasi Indonesia, is the largest contributor to Tower Bersama Infrastructure's revenues (Telkomsel accounts for about 26 percent of revenues). Other large contributors are Indosat and XL Axiata.
Financial Highlights Tower Bersama Infrastructure:
| 2015 | 2016 | 2017 | 2018 | |
| Net Sales | 3,421.2 | 3,711.2 | 4,023.1 | |
| Gross Profit | 2,972.3 | 3,293.5 | 3,355.3 | |
| Net Profit | 1,429.9 | 1,290.4 | 2,316.4 | |
| EBITDA | 2,911.2 | 3,220.1 | 3,494.7 | |
| Income from Operations | 2,660.8 | 2,977.9 | 3,012.1 | |
| Income before Tax | 1,089.2 | 1,364.0 | 907.6 | |
| Total Assets | 22,799.7 | 23,620.3 | 25,595.8 | |
| Total Liabilities | 21,208.9 | 21,996.1 | 22,410.7 | |
| Earnings per Share¹ | 304.7 | |||
| Dividend per Share¹ | 57,07 | 221,83 |
| 2010 | 2011 | 2012 | 2013 | 2014 | |
| Net Sales | 671.4 | 970.0 | 1,715.4 | 2,690.5 | 3,306.8 |
| Gross Profit | 573.2 | 826.8 | 1,451.6 | 2,294.7 | 2,797.0 |
| Net Profit | 326.7 | 474.4 | 841.9 | 708.7 | 700.8 |
| EBITDA | 512.8 | 763.6 | 1,398.1 | 2,205.3 | 2,716.9 |
| Income from Operations | 486.3 | 707.5 | 1,280.4 | 2,052.3 | 2,505.3 |
| Income before Tax | 359.3 | 513.0 | 913.2 | 1,177.4 | 1,430.6 |
| Total Assets | 5,176.4 | 6,880.2 | 14,317.5 | 18,411.2 | 21,629.0 |
| Total Liabilities | 2,857.9 | 4,175.0 | 10,072.1 | 15,691.1 | 19,525.2 |
| Earnings per Share¹ | 83.8 | 104.1 | 180.8 | 147.8 | 274.9 |
in billion IDR rupiah unless otherwise stated
¹ in IDR rupiah
Source: Tower Bersama Infrastructure, Annual Report 2017
Location
Contact Details
Gedung Barclays House, Floor 6
Jalan Jenderal Sudirman Kav. 22 - 23
Jakarta - 12920
Phone: +62 21 571 1946
Fax: +62 21 571 2344
Email: [email protected]
www.tower-bersama.com