Corporate Updates
Sarana Menara Nusantara (TOWR): Another round of acquisition
Sarana Menara Nusantara (TOWR)
BUY / TP: IDR:1,030 (+17.0%)
Analyst: Chandra Pasaribu
Another round of acquisition
• Winning tower acquisition from XL
• Earnings upgrade
• We re-iterate our BUY call