PT Tower Bersama Infrastructure, stable Friday picture for the Indonesia tower stock

By Daniel Hoffmann, Chart & Technicals desk. Reviewed prior to publication on 2026-06-26, 20:51.

PT Tower Bersama Infrastructure (ID1000116809) closes the week with a calm trading picture on the Indonesia Stock Exchange. The Jakarta-listed tower operator remains closely watched as a key independent tower company alongside peers such as Sarana Menara Nusantara and Indosat Ooredoo Hutchison.

How PT Tower Bersama earns its money

PT Tower Bersama Infrastructure operates and leases telecom towers and related passive infrastructure to mobile network operators in Indonesia, including Telkomsel, XL Axiata and Indosat Ooredoo Hutchison. The company typically signs long-term lease contracts, often with inflation-linked price adjustments and multi-tenant configurations.

Revenue streams stem mainly from recurring rental fees for tower space, power supply and related services, which together provide a relatively predictable cash flow profile. Expansion projects often include build-to-suit programs and acquisitions of existing tower portfolios in urban and regional markets across Indonesia.

Position in Indonesia's tower sector

Within Indonesia's telecom infrastructure sector, PT Tower Bersama Infrastructure competes with and complements other tower specialists such as Sarana Menara Nusantara and Dayamitra Telekomunikasi. The company focuses on providing neutral-host infrastructure that can be shared by multiple operators on a single tower site.

Indonesia's growing mobile data demand and ongoing 4G and 5G roll-outs create a structural need for additional tower capacity and network densification in dense urban areas and under-served regions. Tower companies like PT Tower Bersama typically seek to increase their tenancy ratio, meaning more than one tenant per tower, to enhance returns on invested capital.

The product behind the stock

Beyond the listed equity, the economic backbone of PT Tower Bersama Infrastructure is a large portfolio of telecom towers and rooftop sites that host antennas, base stations and associated passive equipment for mobile operators. These sites form part of the nationwide backbone that enables voice and data connectivity for millions of end-users in Indonesia.

Where the stock trades today

PT Tower Bersama Infrastructure shares trade on the Indonesia Stock Exchange in Jakarta, with the stock quoted in Indonesian rupiah; intraday data indicate a stable price range in recent sessions without marked deviations from recent trading levels.