Dentons HPRP, a leading law firm in Indonesia, successfully assisted PT Telekomunikasi Seluler (Telkomsel), a powerhouse in Indonesia's telecommunications industry, in a significant transaction—the sale and leaseback of its In Building Solution (IBS) assets to PT Dhost Telekomunikasi Nusantara (Dhost). This substantial deal encompasses the sale of IBS assets located at 850 sites, with Telkomsel retaining a leaseback arrangement for 689 of these sites from Dhost. The transaction spans multiple locations across Indonesia and is valued at Rp685,001,000,000, showcasing Telkomsel's strategic expertise in maximizing asset value.
Dentons HPRP played a pivotal role in this landmark transaction, serving as Telkomsel's trusted legal counsel. Through seamless collaboration with other legal advisors, Dentons HPRP orchestrated the preparation of all transaction documents, negotiated with the buyer, facilitated the signing process, and providing comprehensive advice on all Indonesian law-related aspects, ensuring the transaction's triumphant closure.
The heart of this successful transaction is the exceptional team at Dentons HPRP. Under the visionary leadership of Partners Andre Rahadian and Rio Febrianus Pasaribu, and supported by associates Maharani Athina Nelwan, Pasha Soulaiman Kesumanagara, Praditanto Soebroto, Maichle Delpiero, Jovanka Lingkanaya, Anissa Soeranto, Yasyfa Radiany, Verina Marcillia, Arya Mubarak, and Yabunaya Yuniar, Dentons HPRP showcased its unparalleled expertise and dedication.
As a top-tier law firm with a profound understanding of business and corporate actions, Dentons HPRP continues to offer strategic advisory and comprehensive legal support to corporations navigating the Indonesian business landscape.
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