PT Tower Bersama InfrastructureTbk (“TBIG”) Announces Its First Half 2025 Financial Performance
JAKARTA, 30 July 2025 - PT Tower Bersama Infrastructure, Tbk. ("TBIG") today released its interim financial statements for the six months ended 30 June 2025.
Financial Highlights and Operational Indicators
During the six months ended 30 June 2025, TBIG generated revenue and EBITDA amounting to IDR3,451 billion and IDR2,972 billion, respectively. Using the second quarter 2025 results on an annualized basis, revenue and EBITDA reached IDR6,876 billion and IDR5,959 billion, respectively.
As of 30 June 2025, TBIG had 42,663 tenants and 24,056 telecommunication sites. The Company’s telecommunication sites comprised 23,945 telecommunication towers and 111 DAS networks. With total tower tenants amounting to 42,552 on tower sites, the Company’s tenancy ratio is 1.78x.
"Our organic tenancy additions for the first six months of 2025 was 431 gross tenancies, consisting of 236 telecommunication sites and 195 collocations. This level of growth reflects the prevailing industry conditions, specifically the ongoing consolidation of our telecommunication customers. Despite these market shifts, we continue to fulfill our role as a leading infrastructure provider in Indonesia's evolving digital economy.” remarked Hardi Wijaya Liong, CEO of TBIG.
Total gross debt as of 30 June 2025, valuing USD loans at their hedged exchange rate, was IDR29,055 billion and gross senior debt was IDR4,079 billion. Cash balances as of 30 June 2025 were IDR799 billion, resulting in net debt of IDR28,256 billion and net senior debt of IDR3,280 billion. Using the second quarter 2025 annualized EBITDA, the net debt to EBITDA ratio is 4.7x and net senior debt to EBITDA ratio of 0.6x.
“Demonstrating our commitment to a resilient and cost-efficient capital structure, we will continue to access the onshore IDR bond and loan markets, with our new IDR20 trillion conventional bond program and our debut IDR8 trillion Sukuk program. Our IDR loans and bonds currently account for a significant 50% of our total gross debt, reinforcing our commitment to stable and diversified financing,” commented Helmy Yusman Santoso, CFO of TBIG.
About PT Tower Bersama Infrastructure Tbk
PT Tower Bersama Infrastructure Tbk (“TBIG”), is a provider of telecommunications infrastructure for the placement of BTS by telecommunications operators in Indonesia. TBIG is publicly listed on the Indonesian Stock Exchange and is majority owned by Bersama Digital Infrastructure Asia.
For more information contact:
Corporate Secretary:
Helmy Yusman Santoso – Tower Bersama Group
Telp. (62-21) 2924 8900
Email: corporate.secretary@tower-bersama.com
Investor Relations:
Veronica Jordan
Telp. (62-21) 2924 8900
Email: investor.relations@tower-bersama.com
