Tower Bersama Infrastructure stock gains 1.03 percent on IDX

Tower Bersama Infrastructure stock gained 1.03 percent to IDR 1,465 on the Indonesia Stock Exchange on September 23, 2026. The move amounted to IDR 15 per share and placed the stock 20.08 percent above its 52-week low of IDR 1,220.

Revenue reaches IDR 3.46 trillion

Pluang reported Tower Bersama Infrastructure revenue of IDR 3.46 trillion for the first half of 2026. The figure gives the stock a current operating anchor as investors weigh the company against broader changes in Indonesia's tower infrastructure market.

Tower Bersama Infrastructure operates telecommunications infrastructure for mobile network operators, with tower leasing at the center of its business. Its market capitalization stood at IDR 33,097,985,463,425 on September 23, 2026, while the 52-week high was IDR 2,950.

Stock split resets nominal value

Shareholders approved a 1:5 stock split at the company's extraordinary meeting. According to Tower Bersama, the nominal share value will change from IDR 100 to IDR 20. The split changes the share unit but does not itself alter the company's total equity value.

Merger discussions add a strategic angle

A separate report described potential consolidation between Tower Bersama Infrastructure and Mitratel. Investortrust.id said the proposed combination could involve 65,800 towers and 106,000 tenants, with projected annualized EBITDA of IDR 13.7 trillion and an 83.9 percent margin. Those figures describe a potential combined group, not Tower Bersama Infrastructure alone.

Stock remains below yearly high

Tower Bersama Infrastructure stock stood at IDR 1,465 on the Indonesia Stock Exchange on September 23, 2026. That level was IDR 1,485 below the 52-week high of IDR 2,950, leaving the approved split, first-half revenue and merger discussions as the main company-specific reference points for the share price.