It seems not too long ago that the fourth generation (4G) wireless technology was introduced in major cities, Jakarta, Yogyakarta and Sumatra in Indonesia. The archipelago has not even familiarized itself with the use of it when telecommunications operators are already talking about adapting 5G network. Much of the talks in the first half of the year were mere speculations. After all, the country is still behind against neighboring countries when it comes to connectivity speed. However, what other people thought as mere rumors were proven true when XL Axiata, one of the Big Three providers...

TBIG finance director Helmy Yusman Santoso said that his firm would add between 1,500 and 2,000 new towers next year, with a budget allocation of around Rp 1 billion for each tower.

“We allocate around Rp 2 trillion from our internal cash for organic growth next year,” he said earlier this week.

TBIG, which had a total of 11,686 telecommunications towers as of September this year, foresees good growth next year.

“Over the last two to three years, we have seen more organic growth than non-organic. Next year alone, we estimate that we will see at least the same growth as this year,” TBIG...