Financial Performance of PT Profesional Telekomunikasi Indonesia Tbk After Acquired PT Solusi Tunas Pratama Tbk

Study This discuss impact acquisition of PT Solusi Tunas Pratama Tbk by PT Profesional Telekomunikasi Indonesia Tbk ( Protelindo ) against performance finance company acquirer . Acquisition This own mark as well as a big role in consolidation industry tower Indonesian telecommunications . Research This analyze whether acquisition This truly create mark plus for company acquirer from side profitability , liquidity , solvency and efficiency operational . Research This give contribution new with analyze impact finance acquisition in the sector Indonesian telecommunications use approach ratio comprehensive financial research .​ This use approach quantitative descriptive with secondary data in the form of report finances taken​ from Refinitiv Eikon and reports annual official company . Period analysis covers three year before and after acquisition , and testing statistics done using two sample t test independent through device STATA software . The results show decline significant throughout​ indicator profitability and efficiency operational , as well as the decline ratio liquidity and solvency . This is indicates that acquisition Not yet give impact positive finance​ in term short . Acquisition scale big No in a way automatic increase performance finance company . This result become warning for management and investors that synergy post-acquisition need effective integration time and strategy For produce mark add the real thing