Investor Presentaiton
HIGH QUALITY CUSTOMERS WITH SIGNIFICANT BACKLOG Mitratel
Independent TowerCo with 88% of revenue from the largest MNOS in Indonesia underpinned by
a strong anchor tenant
by Telkom Indonesia
Revenue backed by high quality customers
Others
5%
Gr. 16.2%
9%
Telkom
XL Axiata
Gr. 1.9%
10%
→Telkomsel
Gr. 10.7%
Mitratel
56%
by Telkom Indonesia
Gr. 10.5%
Indosat Ooredoo
Hutchison
20%
Gr. 17.0%
Revenue breakdown
(FY23)
Strong future revenue visibility
~75%
Long Tenancy Expiry Schedule
12%
0-2
years
of our contracts has
more than 4
years until expire.
M Mitratel
+6 years
by Telkom Indonesia
62%
Highest market share from MNO roll-out
13%
2-4 years
13%
4-6 years
MTEL TP 1
TP 2
Other TP
CAGR 18-FY23
22%
44,267
46,477
MTEL share of B2S / Colo in FY2023 MNO roll-out is 45%
33,794
55%
15%
27,256
B2S: 64%
17,019
18,848
21%
B2S: 0%
Colo: 50%
B2S: 0%
Colo: 41%
Colo: 19%
6%
TSEL
19%
XL
0%
IOH¹)
6%
41%
50%
2018
2019
2020
2021
2022
FY23
29%
33%
1) Excluding Relocation Right to Tower Provider
25%
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