edotco Expands to Philippines Making its 8th Market Entry
(Pic – Suresh Sidhu, CEO of edotco Group)
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. 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.
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.
edotco Group CEO Suresh Sidhu said, “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.