Our Portfolio
Provident has built businesses across a variety of industries, including telecommunications, infrastructure, technology, mining, biomass, plantations and oil & gas.
Our Portfolio
What We Do
Infrastructure
Provident has built businesses across a variety of industries, including infrastructure, mining, energy transition, technology and renewables. Provident’s businesses are currently mostly concentrated in Indonesia.
Bersama Digital Infrastructure Asia
Bersama Digital Infrastructure Asia (BDIA) is a Southeast Asian digital infrastructure platform incorporated in Singapore, focused on sectors including telecommunication towers, data centres and fibre assets.
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BDIA’s assets includes controlling stakes in:
​• Tower Bersama, one of the leading independent telecommunication tower companies in Indonesia
• Alliance Towers, an independent telecommunication tower company in the Philippines
• Bersama Digital Data Centres, an Indonesian data centre builder and operator
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In 2022, a consortium led by Macquarie Asset Management, which included large pension funds and sovereign wealth funds, invested approximately USD1.2 billion into BDIA.
Tower Bersama
Tower Bersama (TBIG), one of the leading independent telecommunication tower companies in Indonesia.
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• Founded by Provident in 2004 and listed on the Indonesia Stock Exchange in 2010
• Market capitalisation: USD 2.6 billion (June 2024)
• Leases antenna and other equipment space to the largest Indonesian
telecommunication operators for wireless signal transmission related to wireless voice and data transmission
• Owns and operates a large network of distributed antennae systems installed in a building for wireless communications for telecommunications operators in shopping malls and office buildings
• The only large tower company in the world which has a tower portfolio that is primarily built organically (rather than bought)
• Boasts an extensive fibre network, which is also largely self-built
• As of 31 March 2024, TBIG manages 22,955 telecommunication sites and 41,810 tenants
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Alliance Towers Corporation
Alliance Towers Corporation (ATC) is an independent telecommunication tower company in the Philippines.
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• Incorporated in 2019 and Provident obtained a controlling stake in 2022
• One of the first tower companies that have secured provisional licence to own, construct and manage towers in the Philippines
• Secured contracts with all three mobile network operators in the Philippines
• As of 31 March 2024, ATC manages 109 towers and 120 tenants
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Digital Realty Bersama
Digital Realty Bersama (DRB) builds and operates data centres in Indonesia.
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• Founded by BDIA in 2022
• Partnered with Digital Realty Inc - the largest global provider of cloud-and
carrier-neutral data center, colocation and interconnection solutions - to form
a 50-50 joint venture
• Operates a portfolio of two data centres:
- CGK 10 – A fully operational Tier III data centre in West Jakarta with a capacity of approximately 1.45MW
- CGK 11 – A greenfield project situated in Southeast Jakarta, with an initial capacity of approximately 5MW and is equipped with both Tier III and Tier IV Data Centre capabilities
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United Towers
United Towers (UT) is an independent telecommunication tower company in China
• Founded by Provident in 2011
• As of 31 December 2023, UT manages 3,400 tenants spread across more than 1,900 tower sites
• Provides tower space for the placement of antenna equipment and related services under long-term arrangements with highly rated Chinese state- owned telecommunications companies
• Operates in 13 provinces in China, including Tier 1 cities such as Beijing and Shanghai
