Telecommunication company PT Solusi Tunas Pratama Tbk (SUPR), has prepared Capex funds of Rp600 billion to Rp800 billion this year.

Tunas Pratama Solutions Director Juliawati Gunawan said the funding came from internal cash and bank loan facilities.

"With a capex of Rp600 billion to Rp800 billion, we are targeting to add 200 to 300 new towers this year," she said on Friday (4/6).

This year, according to Julia, his party is targeting revenue growth of at least 8% from this strategy.

"As of the end of 2020, we have a total tower site of 6,422 towers, an increase of 0.6% from 6,384 towers in 2019. The number of tower tenants increased by 8.9% to 12,145 tenants from 11,154 tenants," she explained.

In terms of the tenancy ratio, it grew by 8.1% to 1.89x from 1.75x. On the fiber optic network side, SUPR has built a total of 6,277 km from 3,382 km or increased by 85.6% by the end of 2020.