PT Sarana Menara Nusantara Tbk. owns and operates telecommunication towers for wireless operators in Indonesia. It operates in two segments, Tower Rental, and Other Services. The company offers wireline telecommunication services to provide internet broadband and virtual private network; fiber to the home (FTTH) telecommunication services to build and manage fiber optic infrastructure; and very small aperture terminal (VSAT) solution to facilitate telecommunication services using satellite technology to remote locations. It also provides telecommunication equipment trading, construction, and installation services; and system communication data, internet interconnection, cable-free telecommunication, satellite telecommunication, payment, and hosting and related services. In addition, the company owns and rents real estate properties; trades in various goods; and wholesales and retails computer and computer equipment. Further, it engages in the management consulting; electrical power support and installation; and electric power generation activities. The company was founded in 2008 and is headquartered in Kudus, Indonesia. PT Sarana Menara Nusantara Tbk. is a subsidiary of PT Sapta Adhikari Investama.
Indonesian Market Performance
7D7 Days: -1.0%
3M3 Months: 11.1%
1Y1 Year: 5.9%
YTDYear to Date: 6.5%
Over the last 7 days, the market has dropped 1.0%, driven by losses in the Utilities and Materials sectors of 5.5% and 2.8%, respectively. On the other hand, the Communication Services has risen by 4.8%. As for the longer term, the market has actually risen by 5.9% in the last year. Looking forward, earnings are forecast to grow by 8.0% annually. Market details ›
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