On March 8, 2010, SMN completed its initial public offering of shares and is now listed on the Indonesia Stock Exchange (IDX) with the stock code
About PT Sarana Menara Nusantara
SMN was established in Kudus, Central Java in 2008. The main focus of SMN’s business is to invest in the operating companies who own and operate tower telecommunication sites and fiber optic and lease them for telecommunication solutions including to telecommunication companies.
Since 2008, SMN’s main investment is its ownership of 99.99% shares of PT Profesional Telekomunikasi Indonesia (Protelindo). As the Company’s business activities are conducted primarily through Protelindo and major subsidiary iForte, the description of SMN’ business will be focused on the assets and operations of Protelindo and iForte. Any references to “our”, “us”, “we” or “the Group” refer to SMN, Protelindo, iForte and subsidiaries on a consolidated basis.
Established in 2003, we are one of the leading independent digital infrastructure companies in Indonesia. As of Maret 2025, we owned and operated approximately 35,506 telecommunication tower sites and ~170,000km fiber optic network in Indonesia, primarily in Sumatra, Java, Bali, Kalimantan and Sulawesi.
Our common stock listed in IDX are those of SMN with stock ticker TOWR. TOWR shares is included in LQ45, IDX80, Kompas100, SMinfra 18, Investor 33, IDX Vesta28, MBX MSCI Small Cap Index Part of ESG: ESGS Kehati, IDX ESGL, IDX LQ45LCL, MSCI ESG Rating: A
(Status 1Q25)
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In 2024, the Company delivered solid performance despite economic challenges and industry competition, supported by rising demand for digital infrastructure and the strategic acquisition of IBST. The addition of 3,869 towers and 3,839 new tenants further reinforced our position as a leading digital infrastructure provider. Strong growth across all segments, including tower, FTTT, and FTTH, reflects the success of our expansion strategy. Leveraging synergies within the SMN Group, we focused on enhancing core business, improving operational efficiency, and exploring new opportunities such as power-as-a-service and renewable energy.
CEO MessageFerdinandus Aming Santoso
President Director
