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edotco to invest USD 200 million over 5 years to empower Myanmar communications

edotco to invest USD 200 million over 5 years to empower Myanmar communications

Introduction:

edotco Group Sdn Bhd announced plans to invest US$200mil (RM883.6mil) over the next five years in Myanmar.

Features:

This total investment is used to build and own up to 5,000 towers over the next three years.

We are dedicated to establishing a high quality telecommunications network in Myanmar. This will be achieved through the introduction of sustainable and value-added services, such as alternative energy solutions, dual-purpose structures and our proprietary echo remote monitoring and management system, Said edotco Group Chief Executive Officer, Suresh Sidhu.

Entering this new market will allow edotco to:

  • • Serve as a strategic partner in the growth of Myanmar’s telecommunications industry, ultimately contributing to the nation building of Myanmar.
  • • Extend its regional expertise in end-to-end solutions in tower services into Myanmar, including its best-in-class echo centre.
  • • Stimulate the rapid development and enhancement of telecoms infrastructure, by delivering real and transparent operational improvement.
  • • Benefit from the huge growth potential of the Tower market in Myanmar, which is expected to grow from current ~7.9k towers to ~29k towers by 2024.
     

Specifications:

Company Name edotco Group
Location Myanmar
Type Develop Communication
Estimated Cost $ 200 million

 

edotcogroup.com

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