- edotco Group strengthens position in the region with eighth market entry into the Philippines
- Spearheading the shared infrastructure model in the Philippines to improve operational efficiencies in the telecommunications industry
- Intends to build 1,000 towers in three years, plans to invest USD100 mil over five years
edotco Group Sdn Bhd, a Malaysian-based firm, enters the Philippines market. They are a regional end-to-end integrated telecommunications infrastructure services company.
Since its inception in 2012, the group’s footprint now covers eight countries in South and South East Asia, namely Bangladesh, Cambodia, Laos, Malaysia, Myanmar, Philippines, Pakistan and Sri Lanka.
This expansion is in line with edotco’s regional expansion strategy and vision to improve the telecommunications sector’s operational efficiencies in the region through shared infrastructure.
Commenting on its expansion, edotco Group CEO Suresh Sidhu is bullish on the growth.
“We recognize that each market has a unique set of telecommunication requirements and challenges, and we continuously develop innovative and sustainable solutions to meet these connectivity needs,” Suresh says.
“While the common tower sharing practice in the Philippines is in its early stages. Our entry into the country is set to support the nation’s digital ambitions and assist in bringing greater connectivity to 108 million Filipinos,” he adds.
Formalising its entry into the market, edotco has entered into an equity partnership with ISOC Infrastructure, Inc. (ISOC), known as ‘ISOC edotco Towers, Inc.’ which upon completion will become a subsidiary of edotco.
This JV aims to bring together their operational expertise and technological capabilities to enhance digital connectivity and advance the Filipino telecommunications infrastructure landscape.
ISOC edotco Towers Inc. aims to build 400 to 500 towers in the first year of operations, contributing towards the one thousand towers planned within the first phase of operations, which will span across 2 – 3 years. Both companies will invest up to USD100 million in the Philippine market over the next three to five years.
edotco Group operates and manages a regional portfolio of over 29,900 towers across core markets of Malaysia, Myanmar, Bangladesh, Cambodia, Sri Lanka and Pakistan with 19,700 towers directly operated by edotco and a further 10,200 towers managed through a range of services provided.