edotco Group Sdn Bhd announced plans to invest US$200mil (RM883.6mil) over the next five years in Myanmar.
This total investment is used to build and own up to 5,000 towers over the next three years.
We are dedicated to establishing a high quality telecommunications network in Myanmar. This will be achieved through the introduction of sustainable and value-added services, such as alternative energy solutions, dual-purpose structures and our proprietary echo remote monitoring and management system, Said edotco Group Chief Executive Officer, Suresh Sidhu.
Entering this new market will allow edotco to:
- • Serve as a strategic partner in the growth of Myanmar’s telecommunications industry, ultimately contributing to the nation building of Myanmar.
- • Extend its regional expertise in end-to-end solutions in tower services into Myanmar, including its best-in-class echo centre.
- • Stimulate the rapid development and enhancement of telecoms infrastructure, by delivering real and transparent operational improvement.
- • Benefit from the huge growth potential of the Tower market in Myanmar, which is expected to grow from current ~7.9k towers to ~29k towers by 2024.
|Company Name||edotco Group|
|Estimated Cost||$ 200 million|