Kuala Lumpur, 23 September 2019 – edotco Group Sdn Bhd (edotco), a regional end-to-end integrated telecommunications infrastructure services company, has increased its presence in South East Asia through its latest entry into the Philippines.
Growing from strength to strength 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 said, “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. 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.”
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. Both partners aim to bring together their operational expertise and technological capabilities to enhance digital connectivity and advance the Filipino telecommunications infrastructure landscape.
Speaking on the partnership, Sidhu said, “We believe there is a great need for shared infrastructure. It has proven to help mobile network operators focus on their core business and service offerings by alleviating the cost pressure of building and maintaining towers. The right sharable infrastructure will be able to meet the current demands for affordable and reliable connectivity in the Philippines. Partnering with local leading players is a key strategy for us to ensure we are meeting the country’s specific needs and we see this collaboration with ISOC as a catalyst to enable transformation within the Philippines telecommunications sector and lay the right foundation for the country’s digital readiness.”
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.
In the six years of operations, edotco has deepened its commitment in the region by ensuring the right sharable infrastructure is constructed and managed to enable seamless connectivity. edotco’s growing partnerships with corporations in the region is also a testament of its commitment to not only addressing the digital gaps but also towards creating the right environment for the region’s digital transformation aspirations.