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 "TOWR".
About PT Sarana Menara Nusantara
About PT Sarana Menara Nusantara (SMN or the Company)
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 March 2026, we owned and operated approximately 36,572 telecommunication tower sites and ~181,700 km 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, MBX MSCI Small Cap Index Part of ESG: IDX ESGL, IDX LQ45LCL, MSCI ESG Rating: A, Sustainalitycs: 24.2 (0-100, lower is better), S&P CSA Score: 40 (0-100, higher is better).
(Status 1Q26)
“
Throughout 2026, Protelindo continued to pursue prudent and strategic business development in responding to the increasingly competitive and consolidated dynamics of the telecommunications industry. Through the optimization of tower assets, the expansion of fiber optic infrastructure and connectivity as the Group’s core business, and supported by synergies within the Group’s business ecosystem (including through strategic acquisitions), the Company was able to maintain stable and sustainable performance while strengthening its position as a reliable digital infrastructure provider in supporting connectivity growth and digital transformation in Indonesia.
CEO MessageFerdinandus Aming Santoso
President Director