Qatar’s Ooredoo agrees $750m sale of 4,200 towers in Indonesia

DUBAI: The Indonesian unit of Qatar’s Ooredoo has agreed the $750 million sale and leaseback of 4,200 telecommunications towers.
Ooredoo shares gained 1.5 percent in early trade on Wednesday.
The deal with Edge Point Singapore, part of Digital Colony, is one of the largest transactions of its kind ever done in Asia, Ooredoo said in a stock exchange filing on Wednesday.