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Tower Bersama - Announced first quarter 2024 financial performance

PT Tower Bersama Infrastructure, Tbk. ("TBIG") released its interim financial statements for three months ending 31 Match 2024. TBIG reported revenue of IDR1,705 billion and EBITDA of IDR1,465 billion. Annualized, these figures would be IDR6,819 billion and IDR5,861 billion, respectively. TBIG had 41,810 tenancies and 22,955 telecommunication sites as of 31 March 2024, with a tenancy ratio of 1.83x.


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