PT Telkom Indonesia (Persero) Tbk Class B · IDX:TLKM
PT Telkom Indonesia (Persero) Tbk Class B — PT Telekomunikasi Indonesia — Merger or Acquisition (October 2014)
8 slides from PT Telkom Indonesia (Persero) Tbk Class B's merger presentation, October 2014
Slide 1: Strategic Partnership with Tower Bersama
PT Telekomunikasi T l k ik i IIndonesia, d i Tbk. Tbk Strategic Partnership with Tower Bersama ((Investor Presentation)) October 2014
Slide 2: Disclaimer
Disclaimer This document may contain forward‐looking statement within the meaning of safe‐harbor. Actual results could differ materiallyy from p projections, j , estimations or expectations. p These mayy involve risk and uncertainty, and may cause actual results and development to differ substantial
Slide 3: Presentation Outline
Presentation Outline 1 Telkom to Enter into Strategic Partnership with TBIG 2 Overview of Transaction Structure 3 Key Elements of Share Exchange 4 Strategic Rationale 3
Slide 4: Telkom to Enter into Strategic Partnership with TBIG
Telkom to Enter into Strategic Partnership with TBIG Telkom to Acquire up to 13.7% stake in TBIG PT TTelekomunikasi l k ik i IIndonesia, d i Tbk. Tbk (“Telkom”) (“T lk ”) iis pleased l d tto announce the th acquisition i iti off up to 13.7% of PT Tower Bersama Infrastructure Tbk (“TBIG”) in exchan
Slide 5: Overview of Transaction Structure
Overview of Transaction Structure Now 1st Stage Post‐Swap (4) c.5.7%(1) 13 7% (2) cc.13.7% 100% 51% 49% 100% 3,928 towers(3) Reseller business 1. 1 Based B d on TBIG’s TBIG’ enlarged l d capital it l after ft issuing i i 290mn 290 new shares h to t Telkom. T lk 2. Based on TBIG’s enlarged capita
Slide 6: Key Elements of Share Exchange
Key Elements of Share Exchange 290mn shares in TBIG for 49% stake in Mitratel (up to 5.7% stake valued at Rp2.3tn at current share price(1)) Telkom Post exercise of swap option, option Telkom to acquire additional 473mn shares (c. (c (1) 8% stake valued at Rp3.8tn at current share price ) in exc
Slide 7: Strategic Rationale
Strategic Rationale Tenancy Ratio Comparison 1 Increase tenancy ratio 1.7x Achieve by partnering with leading 1.1x independent TowerCo Mitratel Tower Bersama 2 Create value in the short & long term Tower Bersama Share Performance (Rp) Consideration received reflects 10,000 3.2x Return Since
Slide 8: Telkom Indonesia
Telkom 0.4 Indonesia the world in your hand 23
PT Telekomunikasi Indonesia — Merger or Acquisition (October 2014) on 6ix