Solid Fundamentals: Recommendation to “Purchase” Mitratel Shares
Jakarta, March 15, 2022 – Shares of PT Dayamitra Telekomunikasi (Mitratel) Tbk. demonstrates potential for acquisition. This is owing to MTEL’s strong fundamentals. MTEL’s performance throughout 2021 exceeded analysts’ expectations.
In this regard, PT Samuel Sekuritas Indonesia Senior Capital Market Analyst, Yosua Zisokhi, recommends “purchase” MTEL shares. “MTEL shares are worth acquiring (“purchasing”) at the current price,” he said. Joshua said that MTEL valuation is fundamentally considered favorable. “From what I see, MTEL shares are considerably favorable, offering room for MTEL shares to move up. That’s because MTEL shares are considerably cheap at the current price,” emphasized Yosua. Last year, MTEL obtained Initial Public Offering (IPO) funds amounting to IDR 18.8 trillion, enabling new tower acquisitions and revenue growth. “In my opinion, this aspect makes MTEL shares worth investing at their current valuation,” he said. MTEL logged impressive revenue growth in 2021 of 11% to IDR 6.87 trillion, compared to 2020 of IDR 6.18 trillion. MTEL also succeeded in increasing EBITDA to reach IDR 5.18 trillion in 2021, marking a notable increase of 23.9% compared to 2020 of IDR 4.18 trillion. Apart from that, MTEL has implemented a lot of efficiency measures, especially concerning depreciation. This made MTEL’s net profit rise significantly by nearly 13,096 amounting to IDR 1.38 trillion, a significant rise from IDR 602 billion in 2020 of. Then, MTEL’s net profit margin surged to 20.1% last year, from 9.7% in 2020. “MTEL’s performance achievements last year exceeded our expectations since we estimated it would be slightly below that. Overall, it is exceptionally wonderful for MTEL to start in 2022,” he said. In 2022, MTEL will reportedly acquire another tower. “That’s what we’ve been waiting for. Moreover, now MTEL has substantial funds after the IPO of tens of trillions, which will be allocated for acquisitions. I think this shows MTEL’s commendable performance,” concluded Yosua. Last year, MTEL acquired 8,139 Telkomsel towers and 798 Telkom towers, leveraging its revenue flow. MTEL’s exceptional revenue flow is obtained from tower rental contracts spanning approximately 10 years, contributing to MTEL’s promising future. “Consequently, in the next 10 years, MTEL will achieve consistent income compared to that of 2021. Therefore, to foster revenue and net profit, MTEL only needs to add around 500 – 750 new towers per year. I think it is an exceptional number,” he said. Yosua emphasized that the consolidation carried out by the Telkom Group has substantially strengthened MTEL. Compared to others, MTEL stands out as one of the largest companies, demonstrating MTEL’s strong purchasing and bargaining power, especially as it is supported by the TelkomGroup, where Telkomsel serves as the linchpin of MTEL’s revenue. “If we are looking ahead with massive 5G services, the demand for towers is likely surging up,” concluded Yosua.
Analis Prediksi Bisnis Mitratel Naik Usai Akuisisi 6.000 Menara Telkomsel
Aksi akuisisi PT Dayamitra Telekomunikasi Tbk (MTEL) atau Mitratel terhadap 6.000 menara milik PT Telekomunikasi Selular (Telkomsel) diprediksi akan berdampak positif bagi kinerja MTEL. Sebab transaksi ini berpeluang mendorong pertumbuhan organik kinerja Mitratel tahun ini dan tahun depan.
Equity Research Analyst PT BCA Sekuritas Mohammad Fakhrul Arifin mengatakan akuisisi Mitratel terhadap menara Telkomsel dengan nilai transaksi mencapai Rp 10,28 triliun. Dalam transaksi ini juga disepakati perjanjian sewa kembali 6.000 menara oleh Mitratel kepada Telkomsel, komitmen Telkomsel untuk memesan 1.000 BTS dari Mitratel dalam 3 tahun ke depan, serta sewa 712 lahan milik Telkomsel tempat menara tersebut berada.
“Kami melihat akuisisi ini akan menjadi hal positif bagi prospek kinerja Mitratel. Akuisisi ini membutuhkan sekitar 73,4 persen dari proyeksi kami atas belanja modal Mitratel di 2022. Perlu dicatat bahwa rasio sewa menara yang diakuisisi mencapai 1 kali karena sebelumnya menara ini eksklusif hanya untuk Telkomsel,” ujar Fakhrul dalam keterangan, Rabu (31/8).
Fakhrul menilai Mitratel memiliki struktur permodalan yang kuat dengan alokasi belanja modal cukup besar yakni Rp 14 triliun. Kuatnya permodalan ini bisa mendorong Mitratel memperbesar skala perusahaan dan memperkuat ekspansi organik dan anorganik.
Menurutnya, Dengan memiliki total lebih dari 34.800 menara dan 49.900 penyewa, menyiratkan ada 1,43x rasio kolokasi. Penurunan ini pada dasarnya logis dalam pandangan kami, mengingat menara yang diperoleh dari akuisisi sebelumnya hanya dipakai oleh Telkomsel.
“Sebab transaksi ini pada akhirnya akan mendorong pertumbuhan nilai perusahaan, sehingga memberikan potensi tambahan pertumbuhan sekitar 2-3 persen, sesuai dari prediksi terbaru perusahaan dan sejalan dengan perkiraan kami,” katanya.
Dari sisi operasional, menurut Fakhrul, dampak transaksi akuisisi menara Telkomsel ini akan bisa dilihat dalam kinerja Mitratel pada kuartal IV 2022 dan proyeksi kinerja 2023. Meskipun nantinya bisa berdampak rasio kinerja nonorganik, namun dia memprediksi penggerak utama pertumbuhan Mitratel di semester II 2022 ialah dari segmen organik yang berpotensi tumbuh lebih sehat dan mendongkrak rasio kolokasi.
“Oleh karena itu, kami mengubah prospek proyeksi kami atas rasio kolokasi Mitratel menjadi 1,46x dan 1,5x pada 2022 dan 2023,” dia menjelaskan.
BCA Sekuritas memberikan rekomendasi beli (buy) terhadap saham MTEL dengan target Rp 950 per saham. Target harga saham itu mempertimbangkan rata-rata pertumbuhan tahunan (CAGR) pendapatan Mitratel pada 2021-2023 diprediksi 12,2 persen dan pendapatan perusahaan yang belum dikurangi bunga, pajak, depresiasi, dan amortisasi (EBITDA) 14,2 persen di periode yang sama. Hal itu menyiratkan EV/EBITDA 13,4x.
Harga saham MTEL pada penutupan perdagangan Jumat (26/8/2022) di level Rp 795 per saham. Sepekan dan 6 bulan terakhir, harga saham MTEL meroket 15 persen, serta setahun terakhir, melesat 30 persen.
Kinerja Semester I 2022
Dalam risetnya, Fakhrul mengungkapkan MTEL membukukan laba bersih di semester I 2022 senilai Rp 892 miliar, atau tumbuh 27 persen secara tahunan. Laba bersih MTEL yang tumbuh kuat terutama berasal dari pendapatan operasional yang lebih tinggi seiring dengan pertumbuhan jumlah penyewa dan lokasi menara.
“Perusahaan telah berhasil mempertahankan posisi leverage-nya di tingkat yang sehat, jauh di bawah perjanjian utangnya. Meskipun rencana akuisisi MTEL mungkin butuh modal besar, namun kami melihat perusahaan tidak akan butuh banyak utang. Sebab perusahaan masih mengantongi cukup dana dari IPO,” dia menjelaskan.
Fakhrul percaya kebutuhan serat optik sangat penting di tengah digitalisasi. Mitratel yang telah merealisasi 89 persen dari target serat optik di 2022, perseoran berpeluang meraih keuntungan di era jaringan 5G. “Ke depan, momentum pertumbuhan yang lebih sehat pasca konsolidasi, seharusnya terjamin,” kata dia.
Sumber:
Kumparan BISNIS
Analysts Predict Mitratel’s Business Will Soar After Acquiring 6,000 Telkomsel Towers
PT Dayamitra Telekomunikasi Tbk (MTEL) or Mitratel’s acquisition of 6,000 towers belonging to PT Telekomunikasi Selular (Telkomsel) is predicted to have a positive impact on MTEL’s performance. Because this transaction could encourage organic growth in Mitratel’s performance this year and next year.
Equity Research Analyst PT BCA Sekuritas Mohammad Fakhrul Arifin said Mitratel’s acquisition of the Telkomsel tower with a transaction value reached IDR 10.28 trillion. In this transaction, an agreement was also agreed to lease back 6,000 towers from Mitratel to Telkomsel, Telkomsel’s commitment to order 1,000 BTS from Mitratel in the next 3 years, as well as the lease of 712 land owned by Telkomsel where the towers are located.
“We see that this acquisition will be a positive thing for Mitratel’s performance prospects. “This acquisition requires around 73.4 percent of our projection for Mitratel’s capital expenditure in 2022. It should be noted that the rental ratio for the acquired tower reached 1 times because previously this tower was exclusive only to Telkomsel,” said Fakhrul in a statement, Wednesday (31/8) .
Fakhrul assesses that Mitratel has a strong capital structure with a large capital expenditure allocation of IDR 14 trillion. This strong capital can encourage Mitratel to expand the company’s scale and foster organic and inorganic expansion. According to him, having a total of more than 34,800 towers and 49,900 tenants implies a 1.43x collocation ratio. This reduction is basically logical in our view, considering that the towers obtained from the previous acquisition were only used by Telkomsel.
“Because this transaction will ultimately encourage growth in the company’s value, thereby providing additional growth potential of around 2-3 percent, according to the company’s latest predictions and in line with our estimates,” he said.
From the operational side, according to Fakhrul, the impact of the Telkomsel tower acquisition transaction will be seen in Mitratel’s performance in the fourth quarter of 2022 and projected performance for 2023. Although it could later impact non-organic performance ratios, he predicts that the main driver of Mitratel’s growth in the first semester of 2022 will be from organic segment that has the potential to grow healthier and increase the collocation ratio.
“Therefore, we are changing our projected outlook for Mitratel’s colocation ratio to 1.46x and 1.5x in 2022 and 2023,” he explained.
BCA Sekuritas provides a buy recommendation for MTEL shares with a target of IDR 950 per share. The share price target takes into consideration the average annual growth (CAGR) of Mitratel’s revenue in 2021-2023 which is predicted to be 12.2 percent and the company’s income before deducting interest, taxes, depreciation and amortization.
(EBITDA) 14.2 percent in the same period. That implies an EV/EBITDA of 13.4x. MTEL’s share price at the close of trading Friday (26/8/2022) was at IDR 795 per share. In the last week and 6 months, MTEL’s share price has skyrocketed 15 percent, and in the last year, it has shot up 30 percent.
Semester-I 2022 Performance
In his research, Fakhrul revealed that MTEL posted a net profit in the first semester of 2022 worth IDR 892 billion or growing 27 percent annually. MTEL’s strong net profit growth mainly came from higher operating income in line with growth in the number of tenants and tower locations.
“The company has managed to maintain its leverage position at a healthy level, well below its debt covenants. Even though MTEL’s acquisition plan may require large capital, we see that the company will not need a lot of debt. “Because the company still has enough funds from the IPO,” he explained.Fakhrul believes the need for fiber optics is very important amid digitalization. Mitratel has realized 89 percent of its fiber optic target in 2022, the company could gain profits in the 5G network era. “In the future, healthier growth momentum after consolidation should be guaranteed,” he said.
Konsolidasi Menara Grup Telkom Bawa Berkah bagi Mitratel (MTEL) dan Operator Seluler
PT Dayamitra Telekomunikasi Tbk (MTEL). Foto: Perseroan
NUSA DUA, investor.id – PT Dayamitra Telekomunikasi Tbk (MTEL) atau Mitratel optimistis konsolidasi menara Telkom Group dan operator yang terjadi di industri seluler saat ini akan membawa dampak positif bagi perusahaan penyedia menara.
Bagi Mitratel sebagai market leader kepemilikan menara telekomunikasi yang terbesar di Asia Tenggara, langkah konsolidasi tersebut akan membantu dan membuka kesempatan bagi semua operator dalam melakukan ekspansi bisnisnya.
“Tumbuhnya kebutuhan mobile data, berkembangnya teknologi 5G dan IoT (Internet of Things) serta aksi merger operator seluler membawa dampak semakin berkembangnya industri menara telekomunikasi di Indonesia. Hal ini merupakan potensi pasar yang cukup bagus untuk terus bertumbuh,” kata Direktur Utama Mitratel Theodorus Ardi Hartoko dalam acara Telkom Group Investor Day 2022 di Nusa Dua, Bali, baru-baru ini.
Mitratel kini memiliki 34.800 menara, setelah mengakuisisi 6.000 menara Telkomsel yang lokasinya strategis, tersebar di seluruh Indonesia, dan mayoritas berada di luar Jawa. Mitratel juga menyediakan solusi total melalui skema bundling, yang terdiri atas tower leasing, connectivity, dan power to tower, sehingga menjadikan Mitratel memiliki kekuatan penuh dalam menjawab peluang tersebut.
“Dengan mapping tersebut, kami optimistis strategi ini akan disambut positif oleh semua operator. Apalagi, ditambah 32% menara Mitratel merupakan prioritas utama tenant dari operator seluler,” kata Teddy Hartoko, panggilan akrabnya.
Dia menegaskan, setelah akuisisi menara Telkomsel, pihaknya lebih agresif meningkatkan tenancy ratio dan perluasan layanan termasuk bisnis pendukung agar dapat meningkatkan nilai lebih bagi bisnis pelanggan. “Skema bisnis dan total solusi yang kami tawarkan kepada para operator tidak memerlukan investasi yang besar, sehingga customer menjadi dimudahkan dan efisien,” jelasnya.
Sementara itu, Direktur Utama PT Telkom Indonesia Tbk (TLKM) Ririek Adriansyah mengatakan, konsolidasi bisnis konektivitas akan memperbesar valuasi anak-anak usaha Telkom. Hal itu sudah dilakukan dengan bisnis menara telekomunikasi yakni menggabungkan menara Telkomsel ke dalam Mitratel. “Dengan penggabungan ini, unlocking bisnis sektor telekomunikasi di bawah Telkom Group dapat terlaksana,” ujarnya.
Ririek menambahkan langkah mengkonsolidasikan bisnis anak usaha TLKM merupakan realisasi dari 5 strategi besar yang dikenal dengan Five Bold Moves, untuk menjadi industri telekomunikasi kelas dunia dengan target antara lain mendorong transformasi bisnis, meningkatkan kapitalisasi pasar (market cap) dengan valuasi Rp 500-700 triliun, unlocking bisnis, serta EBITDA yang harus terus bertumbuh.
Pada kesempatan tersebut, Wakil Menteri BUMN II Kartika Wirjoatmodjo mengatakan langkah penggabungan bisnis menara di anak usaha Telkom dinilai tepat. Ia menjelaskan strategi bisnis akusisi menara Telkomsel oleh Mitratel tersebut justru membuat efisien dan meningkatkan valuasi, serta daya saing perusahaan.
Hal ini terlihat ke depan pengelolaan menara telekomunikasi milik Mitratel bisa disewakan ke semua operator seluler. Selain itu, langkah bisnis akuisisi menara yang dilakukan oleh Mitratel menjadi revenue stream baru bagi Telkom Group serta ditambah masuknya permodalan (Mitratel) dari investor. “Pengelolaan menara yang tadinya cost center, saat ini bisa jadi profit centerkarena juga bisa diisi oleh operator lain,” paparnya.
Tiko juga menyatakan UU Cipta Kerja memungkinkan dan mendorong penggunaan infrastruktur menara untuk layanan bersama (infrastructure sharing). Selain menara, fiber optik juga bisa digunakan bersama oleh operator. Menurutnya, level persaingannya saat ini bukan lagi di penguasaan infrastruktur, tapi kualitas layanan kepada pelanggan.
Editor : Jauhari Mahardhika (jauhari@investor.co.id)
Sumber:
Investor.ID
Telkom Pursues Market Cap of IDR 700 T, Will Overtake BRI!
Jakarta, CNBC Indonesia – TelkomGroup is currently consolidating. The consolidation carried out took the form of merging the Telkomsel tower into PT Dayamitra Telekomunikasi Tbk (MTEL) aka Mitratel.
President Director of PT Telekomunikasi Indonesia Tbk (TLKM) Ririek Adriansyah said that consolidation of the connectivity business would increase the valuation of Telkom’s subsidiaries. “With this merger, the unlocking of the telecommunications sector business under the Telkom Group can be implemented,” he said in a written statement, Wednesday (24/8/2022).
Ririek said that the steps to consolidate Telkom’s subsidiary business were the realization of 5 big strategies, one of which was to become a world-class telecommunications industry with targets including encouraging business transformation, increasing market capitalization (market cap) with a valuation of IDR 500-700 trillion, unlocking business, as well as EBITDA which must continue to grow.
Meanwhile, Mitratel President Director Theodorus Ardi Hartoko said that the growing need for mobile data, the development of 5G and LoT (Internet of Things) technology, as well as the merger of mobile operators had an impact on the further development of the telecommunications tower industry in Indonesia. This is a pretty good market potential to continue to grow.
According to him, with ownership of 34,800 towers achieved after the acquisition of 6000 Telkomsel towers, Mitratel has a big opportunity.
“With this mapping, we are optimistic that this strategy will be welcomed positively by all operators. “Moreover, the additional 32% of Mitratel towers are the main priority for tenants from mobile operators,” he said.
After the acquisition of the Telkomsel tower, the company was more aggressive in increasing the tenancy ratio and expanding services including supporting businesses to increase added value for customers’ businesses. “The business scheme and total solutions that we offer to operators do not require large investments so that it becomes easier and more efficient for customers,” he explained.
Deputy Minister of BUMN II Kartika Wirjoatmodjo said that the steps to merge the tower business into a Telkom subsidiary were deemed appropriate. He explained that Mitratel’s business strategy for acquiring Telkomsel towers was to make it efficient and increase the company’s valuation and competitiveness.
This can be seen from the management of Mitratel’s telecommunications towers which can be leased to all mobile operators. Apart from that, the tower acquisition business step taken by Mitratel has become a new revenue stream for the Telkom Group and has increased the influx of capital (Mitratel) from investors. “Management of the Tower, which was previously a cost center, can now become a profit center because it can also be filled by other operators,” he said.
Tiko also stated that the Job Creation Law allows and encourages the use of tower infrastructure for shared services (infrastructure sharing). Apart from towers, fiber optics can also be used together by operators. According to him, the current level of competition is no longer in control of infrastructure, but the quality of service to customers.
A market cap above IDR 100 trillion is considered a big cap. Currently, PT Bank Central Asia Tbk (BBCA) has a market cap of IDR 964 trillion, followed by PT Bank Rakyat Indonesia Tbk. (BBRI) with a market cap of IDR 645 trillion. The TLKM market cap is currently IDR 462 trillion.
Sumber:
CNBC Indonesia
Acquiring 6,000 Telkomsel Towers, Mitratel Increases Valuation
Mitratel Akuisisi Menara Telkomsel (foto: Okezone)
JAKARTA – PT Dayamitra Telekomunikasi Tbk (Mitratel) is optimistic that the consolidation of Telkom Group towers and operators currently occurring in the cellular industry will have a positive impact on tower provider companies.
For Mitratel as the market leader in ownership of the largest telecommunications tower in Southeast Asia, this consolidation step will help open up opportunities for all operators to expand their business.
Mitratel President Director Theodorus Ardi Hartoko said that the growing need for mobile data, the development of 5G and IoT (Internet of Things) technology as well as the merger of mobile operators had an impact on the further development of the telecommunications tower industry in Indonesia. This is a pretty good market potential to continue to grow. With ownership of 34,800 towers achieved after the acquisition of 6,000 Telkomsel towers which are strategically located, spread throughout Indonesia and the majority are outside Java, plus Mitratel provides a total solution through a bundling scheme consisting of tower leasing, connectivity, and power to tower, making Mitratel have full power. in responding to these opportunities.
“With this mapping, we are optimistic that this strategy will be welcomed positively by all operators. “Moreover, the additional 32% of Mitratel towers are the main priority for tenants from mobile operators,” said Mitratel President Director Theodorus Ardi Hartoko in a written statement, Wednesday (24/8/2022).
Teddy Hartoko, his nickname, added that after the acquisition of the Telkomsel tower, his party was more aggressive in increasing the tenancy ratio and expanding services, including supporting businesses, to increase more value for customers’ businesses. “The business scheme and total solutions that we offer to operators do not require large investments so that it becomes easier and more efficient for customers,” he explained.
President Director of PT Telekomunikasi Indonesia Tbk, Ririek Adriansyah said that consolidation of the connectivity business would increase the valuation of Telkom’s subsidiaries. This has been done with the telecommunications tower business, namely combining Telkomsel towers into Mitratel.
“With this merger, the unlocking of the telecommunications sector business under the Telkom Group can be carried out,” he said.
Ririek added that the steps to consolidate Telkom’s subsidiary business are the realization of 5 big strategies known as the Five Bold Moves, to become a world-class telecommunications industry with targets including encouraging business transformation, increasing market capitalization (market cap) with a valuation of IDR 500-700 trillion, business unlocking and EBITDA which must continue to grow.
On this occasion, Deputy Minister of BUMN II Kartika Wirjoatmodjo said that the steps to merge the tower business into a Telkom subsidiary were deemed appropriate.
He explained that Mitratel’s business strategy for acquiring Telkomsel towers was to make it efficient and increase the company’s valuation and competitiveness.
This shows that in the future, Mitratel’s telecommunications tower management can be leased to all mobile operators. Apart from that, the tower acquisition business step taken by Mitratel has become a new revenue stream for the Telkom Group and has increased the influx of capital (Mitratel) from investors.
“Management of the Tower, which was previously a cost center, can now become a profit center because it can also be filled by other operators,” he explained.
Tiko also stated that the Job Creation Law allows and encourages the use of tower infrastructure for shared services (infrastructure sharing). Apart from towers, fiber optics can also be used together by operators. According to him, the current level of competition is no longer in control of infrastructure, but the quality of service to customers.
Sumber:
Okezone
Telkom Group Tower Consolidation Brings Blessings to Mitratel (MTEL) and Mobile Operators
PT Dayamitra Telekomunikasi Tbk (MTEL). Foto: Perseroan
For Mitratel as the market leader in ownership of the largest telecommunications tower in Southeast Asia, this consolidation step will help open up opportunities for all operators to expand their business.
“The growing need for mobile data, the development of 5G and LoT (Internet of Things) technology and the merger of mobile operators have had an impact on the further development of the telecommunications tower industry in Indonesia. “This has quite good market potential to continue to grow,” said Mitratel President Director Theodorus Ardi Hartoko at the Telkom Group Investor Day 2022 event in Nusa Dua, Bali, recently.
Mitratel now has 34,800 towers, after acquiring 6,000 Telkomsel towers which are strategically located, spread throughout Indonesia, and the majority are outside Java. Mitratel also provides a total solution through a bundling scheme, which consists of tower leasing, connectivity, and power to tower, so that Mitratel has full power in responding to these opportunities.
“With this mapping, we are optimistic that this strategy will be welcomed positively by all operators. “Moreover, the additional 32% of Mitratel towers are the main priority for tenants from mobile operators,” said Teddy Hartoko, his nickname.
He emphasized that after the acquisition of the Telkomsel tower, his party was more aggressive in increasing the tenancy ratio and expanding services including supporting businesses to increase more value for customers’ businesses. “The business scheme and total solutions that we offer to operators do not require large investments, so it becomes easier and more efficient for customers,” he explained.
Meanwhile, President Director of PT Telkom Indonesia Tbk (TLKM) Ririek Adriansyah said that consolidation of the connectivity business would increase the valuation of Telkom’s subsidiaries. This has been done with the telecommunications tower business, namely combining Telkomsel towers with Mitratel. “With this merger, the unlocking of the telecommunications sector business under the Telkom Group can be carried out,” he said.
Ririek added that the steps to consolidate TLKM’s subsidiary businesses are the realization of 5 big strategies known as the Five Bold Moves, to become a world-class telecommunications industry with targets including encouraging business transformation, increasing market capitalization (market cap) with a valuation of IDR 500-700 trillion, business unlocking, as well as EBITDA which must continue to grow.
On this occasion, Deputy Minister of BUMN II Kartika Wirjoatmodjo said that the steps to merge the tower business into a Telkom subsidiary were deemed appropriate. He explained that Mitratel’s business strategy for acquiring Telkomsel towers was to make it efficient and increase the company’s valuation and competitiveness.
This shows that in the future, Mitratel’s telecommunications tower management can be leased to all mobile operators. Apart from that, the tower acquisition business step taken by Mitratel has become a new revenue stream for the Telkom Group and has increased the influx of capital (Mitratel) from investors. “Tower management, which was previously a cost center, can now become a profit center because it can also be filled by other operators,” he explained.
Tiko also stated that the Job Creation Law allows and encourages the use of tower infrastructure for shared services (infrastructure sharing). Apart from towers, fiber optics can also be shared by operators. According to him, the current level of competition is no longer in control of infrastructure, but the quality of service to customers.
Editor : Jauhari Mahardhika (jauhari@investor.co.id)
Source:
Investor.ID
Akuisisi 6.000 Menara Telkomsel, Mitratel Tingkatkan Valuasi
Mitratel Akuisisi Menara Telkomsel (foto: Okezone)
JAKARTA – PT Dayamitra Telekomunikasi Tbk (Mitratel) optimistis konsolidasi menara Telkom Group dan operator yang terjadi di industri seluler saat ini akan membawa dampak positif bagi perusahaan penyedia menara.
Bagi Mitratel sebagai market leader kepemilikan menara telekomunikasi yang terbesar di Asia Tenggara, langkah konsolidasi tersebut akan membantu dan membuka kesempatan bagi semua operator dalam melakukan ekspansi bisnisnya.
Direktur Utama Mitratel Theodorus Ardi Hartoko mengatakan bahwa tumbuhnya kebutuhan mobile data, berkembangnya teknologi 5G dan IoT (Internet of Things) serta aksi merger operator seluler membawa dampak semakin berkembangnya industri Menara telekomunikasi di Indonesia. Hal ini merupakan potensi pasar yang cukup bagus untuk terus bertumbuh.
Dengan kepemilikan 34.800 menara yang diraih setelah akuisisi 6.000 menara Telkomsel yang lokasinya strategis, tersebar di seluruh Indonesia dan mayoritas berada di luar Jawa ditambah Mitratel menyediakan solusi total melalui skema bundling yang terdiri dari tower leasing, connectivity, dan power to tower menjadikan Mitratel memiliki kekuatan penuh dalam menjawab peluang tersebut.
“Dengan mapping tersebut, kami optimistis strategi ini akan disambut positif oleh semua operator. Apalagi, ditambah 32% menara Mitratel merupakan prioritas utama tenant dari operator seluler,” kata Direktur Utama Mitratel Theodorus Ardi Hartoko dalam keterangan tertulisnya, Rabu (24/8/2022).
Teddy Hartoko panggilan akrabnya menambahkan pasca akuisisi menara Telkomsel, pihaknya lebih agresif meningkatkan tenancy ratio dan perluasan layanan termasuk bisnis pendukung agar dapat meningkatkan nilai lebih bagi bisnis pelanggan.
“Skema bisnis dan total solusi yang kami tawarkan kepada para operator tidak memerlukan investasi yang besar sehingga customer menjadi dimudahkan dan efisien,” jelasnya.
Direktur Utama PT Telekomunikasi Indonesia Tbk Ririek Adriansyah mengatakan konsolidasi bisnis konektivitas akan memperbesar valuasi anak-anak usaha Telkom. Hal itu sudah dilakukan dengan bisnis menara telekomunikasi yakni menggabungkan menara Telkomsel ke dalam Mitratel.
“Dengan penggabungan ini, unlocking bisnis sektor telekomunikasi di bawah Telkom Group dapat terlaksana,” ujarnya.
Ririek menambahkan langkah mengkonsolidasikan bisnis anak usaha Telkom merupakan realisasi dari 5 strategi besar yang dikenal dengan Five Bold Moves, untuk menjadi industri telekomunikasi kelas dunia dengan target antara lain mendorong transformasi bisnis, meningkatkan kapitalisasi pasar (market cap) dengan valuasi Rp 500-700 triliun, unlocking bisnis serta EBITDA yang harus terus bertumbuh.
Pada kesempatan tersebut, Wakil Menteri BUMN II Kartika Wirjoatmodjo mengatakan langkah penggabungan bisnis menara di anak usaha Telkom dinilai tepat.
Ia menjelaskan strategi bisnis akusisi menara Telkomsel oleh Mitratel tersebut justru membuat efisien dan meningkatkan valuasi, serta daya saing perusahaan.
Hal ini terlihat ke depan pengelolaan menara telekomunikasi milik Mitratel bisa disewakan ke semua operator seluler. Selain itu, langkah bisnis akuisisi menara yang dilakukan oleh Mitratel, menjadi revenue stream baru bagi Telkom Group serta ditambah masuknya permodalan (Mitratel) dari investor.
“Pengelolaan Menara yang tadinya cost center, saat ini bisa jadi profit center karena juga bisa diisi oleh operator lain,” paparnya.
Tiko juga menyatakan UU Cipta Kerja memungkinkan dan mendorong penggunaan infrastruktur menara untuk layanan bersama (infrastruktur sharing). Selain menara, juga fiber optik bisa digunakan bersama oleh operator. Menurutnya, level persaingannya saat ini bukan lagi di penguasaan infrastruktur, tapi kualitas layanan kepada pelanggan.
Sumber:
Okezone
Telkom Kejar Market Cap Rp700 T, Bakal Salip BRI Nih!
Jakarta, CNBC Indonesia – TelkomGroup tengah melakukan konsolidasi. Konsolidasi yang dilakukan berupa penggabungan menara Telkomsel ke PT Dayamitra Telekomunikasi Tbk (MTEL) alias Mitratel.
Direktur Utama PT Telekomunikasi Indonesia Tbk (TLKM) Ririek Adriansyah mengatakan konsolidasi bisnis konektivitas akan memperbesar valuasi anak-anak usaha Telkom. “Dengan penggabungan ini, unlocking bisnis sektor telekomunikasi di bawah Telkom Group dapat terlaksana,” ujarnya dalam keterangan tertulis, Rabu (24/8/2022).
Ririek menyebut, langkah mengkonsolidasikan bisnis anak usaha Telkom merupakan realisasi dari 5 strategi besar, yang mana salah satunya untuk menjadi industri telekomunikasi kelas dunia dengan target antara lain mendorong transformasi bisnis, meningkatkan kapitalisasi pasar (market cap) dengan valuasi Rp 500-700 triliun, unlocking bisnis, serta EBITDA yang harus terus bertumbuh.
Sementara, Direktur Utama Mitratel Theodorus Ardi Hartoko mengatakan, tumbuhnya kebutuhan mobile data, berkembangnya teknologi 5G dan IoT (Internet of Things), serta aksi merger operator seluler membawa dampak semakin berkembangnya industri Menara telekomunikasi di Indonesia. Hal ini merupakan potensi pasar yang cukup bagus untuk terus bertumbuh.
Menurutnya, dengan kepemilikan 34.800 menara yang diraih setelah akuisisi 6000 menara Telkomsel, Mitratel memiliki peluang yang besar.
“Dengan mapping tersebut, kami optimistis strategi ini akan disambut positif oleh semua operator. Apalagi, ditambah 32% menara Mitratel merupakan prioritas utama tenant dari operator seluler,” tuturnya.
Pasca akuisisi menara Telkomsel, pihaknya lebih agresif meningkatkan tenancy ratio dan perluasan layanan termasuk bisnis pendukung agar dapat meningkatkan nilai lebih bagi bisnis pelanggan. “Skema bisnis dan total solusi yang kami tawarkan kepada para operator tidak memerlukan investasi yang besar sehingga customer menjadi dimudahkan dan efisien,” jelasnya.
Wakil Menteri BUMN II Kartika Wirjoatmodjo mengatakan, langkah penggabungan bisnis menara di anak usaha Telkom dinilai tepat. Ia menjelaskan strategi bisnis akuisisi menara Telkomsel oleh Mitratel tersebut justru membuat efisien dan meningkatkan valuasi, serta daya saing perusahaan.
Hal ini terlihat dari pengelolaan menara telekomunikasi milik Mitratel bisa disewakan ke semua operator seluler. Selain itu, langkah bisnis akuisisi menara yang dilakukan oleh Mitratel, menjadi revenue stream baru bagi Telkom Group serta ditambah masuknya permodalan (Mitratel) dari investor. “Pengelolaan Menara yang tadinya cost center, saat ini bisa jadi profit center karena juga bisa diisi oleh operator lain,” ucapnya.
Tiko juga menyatakan UU Cipta Kerja memungkinkan dan mendorong penggunaan infrastruktur menara untuk layanan bersama (infrastruktur sharing). Selain menara, juga fiber optik bisa digunakan bersama oleh operator. Menurutnya, level persaingannya saat ini bukan lagi di penguasaan infrastruktur, tapi kualitas layanan kepada pelanggan.
Market cap di atas Rp 100 triliun sudah tergolong big cap. Untuk saat ini, PT Bank Central Asia Tbk (BBCA) memiliki market cap Rp 964 triliun, disusul PT Bank Rakyat Indonesia Tbk (BBRI) dengan market cap Rp 645 triliun. Adapun market cap TLKM saat ini Rp 462 triliun.
Sumber:
CNBC Indonesia
Mitratel Offers Attractive Business Plans for All Telecommunication Operators
Jakarta, August 5, 2022 – PT Dayamitra Telekomunikasi, Tbk (MTEL) or Mitratel is increasingly taking steps towards a Digital Infrastructure Company and is ready to offer attractive business schemes for all telecommunication operators. The business scheme in question is a total solution consisting of tower leasing, connectivity and power to tower.
Mitratel President Director Theodorus Ardi Hartoko or familiarly called Teddy said that Mitratel has provided attractive business schemes in the form of tower leasing, connectivity and power that can be offered to telecommunication operators with bundling schemes and total solutions. So telecommunication operators only need to determine the desired tower and we will prepare all the supporting facilities. This is expected to make it easier for operators to improve their services to people throughout Indonesia.
“After the acquisition of 6,000 towers, the total ownership of Mitratel towers until July 31, 2022 becomes more than 34,800 towers or becomes the largest in Southeast Asia. This transfer of ownership has a huge potential impact on telecommunications operators to strengthen and expand their services because these towers were previously exclusive only for Telkomsel and now it can be used by all operators and a very attractive business scheme,” said Teddy.
Teddy continued that after this tower acquisition, Mitratel will aggressively increase its tenancy ratio and expand its services including its supporting business portfolio (tower ecosystem) in order to create greater value for customers. Mitratel took the initiative to implement marketing analytics in marketing and sales activities, utilize small cell solutions for 5G, and strengthen partnerships with landowners. In the end, this will encourage Mitratel as the tower provider of choice for customers not only because of the availability of towers at every point of customer needs but also because it provides more value in supporting the customer’s business and also the environment around the tower.
“With the wider reach of operator services that utilize the Mitratel tower, it will eventually spur its use to drive the national economy, including the development of start-ups and the micro, small and medium enterprise (MSME) sector throughout Indonesia,” concluded Teddy.
