Investor Presentaiton
COMPETITIVE LANDSCAPE: TOWER
Highly Fragmented Market
Independent Tower Providers (ITPs)
Number
of Towers
16,3705
13,500¹
6,273
#4
1,3501 1,2971
1,0122
4913
MNOs7 & MNOS Affiliated
31,1132
8,6002
CENTRATAMA
GROUP
MNOS are adopting asset light
model
% of Towers owned by MNOS vs ITPs6
32%
68%
c.5,3004
3,8002
4,0002
Protelindo Tower
+ KIN Bersama
STP Centratama Bali-
tower
Persa- Gihon
dasokka
Tama
Others Telkom, Indosat
Telkomsel,
Mitratel
XL
Others
2012
ITPS
■MNOS
55%
45%
2016
5
Notes: 1 As of end of 1Q18 based on the respective company filing, 2 Estimated tower count based on TowerXchange 2017, 3 As of end of 2017 based on the company filing, 4 Management estimate,
Protelindo number of towers as of 1Q18 based on company filing +1,659 (KIN's number of towers as on Protelindo's 2018 result presentation), 6 TBG Global Unsecured Note Offering Circular, DBS Equity
Research, in-house calculations, 7 Mobile Network Operators
PT CENTRATAMA TELEKOMUNIKASI INDONESIA TBK
Company Presentation | August 2018
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