PT Tower Bersama InfrastructureTbk (TBIG) Announces Its Third Quarter 2025 Financial Performance
JAKARTA, 30 October 2025 - PT Tower Bersama Infrastructure, Tbk. ("TBIG") today released its interim financial statements for the nine months ended 30 September 2025.
Financial Highlights and Operational Indicators
During the nine months ended 30 September 2025, TBIG generated revenue and EBITDA amounting to IDR5,163 billion and IDR4,448 billion, respectively. Using the third quarter 2025 results on an annualized basis, revenue and EBITDA reached IDR6,849 billion and IDR5,903 billion, respectively.
As of 30 September 2025, TBIG had 42,771 tenants and 24,318 telecommunication sites. The Company’s telecommunication sites comprised 24,209 telecommunication towers and 109 DAS networks. With total tower tenants amounting to 42,662 on tower sites, the Company’s tenancy ratio is 1.76x.
“We are pleased to report a robust quarter of organic growth, adding 540 gross tenancies, consisting of 327 telecommunication sites and 213 collocations. The Group’s net tenancy adds were lower for the quarter primarily due to some non- renewal of expiring tenancies by XLSmart as they reconfigured their network after the merger between XL Axiata and Smartfren,” remarked Hardi Wijaya Liong, CEO of TBIG.
Total gross debt as of 30 September 2025, valuing USD loans at their hedged exchange rate, was IDR29,482 billion and gross senior debt was IDR646 billion. Cash balances as of 30 September 2025 were IDR835 billion, resulting in net debt of IDR28,647 billion. Using the third quarter 2025 annualized EBITDA, the net debt to EBITDA ratio is 4.9x.
“We maintain a resilient debt structure, supported by diverse funding sources and substantial undrawn availability. Our all-in interest rate for the first nine months of 2025 stood at approximately 6.6%. We are actively engaged in the IDR bond and loans markets. Our most recent IDR bond issuances for 3-year and 5-year maturities demonstrate our ability to issue longer-dated instruments.” said Helmy.
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
