JAKARTA (Yosefardi) – Telco tower operator PT Tower Bersama Infrastructure Tbk (TBIG) schedules to pay debt of Rp730 billion this month, part of its US$1 billion debt made in November 21, 2014.
The payment will be sourced from its Ebitda of Rp700 billion. In 2014, TBIG’s Ebitda reached Rp2.81 trillion. In November this year, TBIG will also pay matured debt of US$285 million.
TBIG is still awaiting response from PT Telekomunikasi Indonesia Tbk (TLKM) to execute its acquisition over shares of PT Dayamitra Telekomunikasi (Mitratel), subsidiary of TLKM.
Both parties had in October 10, 2014 signed agreement for share swap. TBIG will acquire 100% stake in Mitratel and Telkom will hold 13.7% of TBIG shares.