PT Solusi Tunas Pratama Tbk (STP) was founded in 2006 and started its commercial operations in 2008. In October 2011, STP listed its shares on the Indonesian Stock Exchange under the ticker “SUPR”.
We are a leading integrated network infrastructure provider in Indonesia. Our principal business is leasing space for antennas and other equipment to Indonesian mobile telecommunication operators for wireless signal transmission at tower and microcell sites under long-term lease agreements. We also provide mobile telecommunications operators and other customers with access to capacity on our fiber optic backhaul network and our indoor DAS networks in shopping malls and office buildings in major urban areas.
We grow our business through selective acquisitions and build-to-suit construction of tower sites. On December 23, 2014, we acquired 3,500 tower sites with 5,793 total tenancies for a tenancy ratio of 1.66 in the XL Axiata Tower Assets Acquisition, which more than doubled the size of our tower portfolio and solidified our position as the third largest independent tower company in Indonesia. As of December 31, 2014, following the XL Axiata Tower Assets Acquisition, we operated 7,149 telecommunications sites, comprised of 6,651 tower sites (including 301 microcell sites) with 10,521 tenancies for a tenancy ratio of 1.58, as well as 472 shelter-only sites, 26 indoor DAS networks with 67 tenants for a tenancy ratio of 2.58 and approximately 2,398 km of fiber optic network around Indonesia including approximately 1,300 km in the Greater Jakarta Region.
To create value and make a difference.
To sustain profitable growth through innovation, quality and commitment.
Value of The Company