Singtel-linked PT Telekomunikasi Selular (Telkomsel) is selling 4,000 telecommunication towers to PT Dayamitra Telekomunikasi for IDR6.2 trillion ($580 million). 

Singtel owns a 35% stake in Telkomsel, a leading Indonesian mobile operator.

As part of the transaction, Telkomsel will sign a ten-year lease with Mitratel to use the tower space. 

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