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Tower Bersama - Announced third quarter 2023 financial performance

PT Tower Bersama Infrastructure, Tbk. (“TBIG”) announced its interim financial results for the nine months ending 30 September 2023. TBIG reported revenue of IDR4,953 billion and EBITDA of IDR4,286 billion. Annualized, these figures would be IDR6,692 billion and IDR5,770 billion, respectively. TBIG had 41,572 tenancies and 22,292 telecommunication sites as of 30 September 2023, with a tenancy ratio of 1.87x.


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