edotco Bangladesh Receives Conditional Approval For Tower Sharing License

Dhaka, Bangladesh, 17 August 2018: edotco Bangladesh (“edotco BD”), an integrated telecommunications infrastructure services company in Bangladesh, has been selected by the Bangladesh Telecommunication Regulatory Commission (BTRC) to obtain a conditional tower sharing license. Upon completion of the conditions, this license will allow edotco to build and manage telecommunications towers for multiple mobile network operators in the country.

edotco BD, has been at the forefront of the country’s tower infrastructure landscape since 2013, providing end-to-end solutions in the tower services sector from tower leasing, co-locations, build-to-suit, energy management, transmission and operations and maintenance. The company recently announced Getco, a prominent Bangladesh-based conglomerate as a 30% shareholder and strategic partner. Through its subsidiary Greencon Tower Company Limited, Getco will partner with edotco to provide next-generation infrastructure to meet the country’s growing connectivity needs.

Rahul Chaudhary, Country Managing Director of edotco BD said, “We are very excited to be selected and look forward to continue playing a key role in the digital development of the country. Towercos are the backbone of the telecommunications industry, and edotco is committed to ensuring the right sharable infrastructure is in place to facilitate the nation’s growth. We are fully confident of fulfilling all the required conditions”.

Suresh Sidhu, CEO of edotco Group said “This strengthens our position as a major regional provider in Asia. I would like to personally thank the BTRC and the various ministries we have been engaging with throughout this process for their guidance and confidence in us. We are committed to investing in Bangladesh and to continuing the positive relationship we have built with the mobile network operators in the country”.

edotco currently owns and operates over 9,000 telecom towers throughout Bangladesh and over 27,000 towers across the six countries in which they have a presence. The company has been deepening its commitment over the past five years by ensuring the right sharable infrastructure is constructed and managed to enable seamless connectivity. edotco’s growing partnerships with local corporations is also a testament of its commitment to drive innovation in the countries where they have operations.

About edotco Group

Established in 2012, edotco is the first regional and integrated telecommunications infrastructure services company in Asia, providing end-to-end solutions in the tower services sector from tower leasing, co-locations, build-to-suit, energy, transmission and operations and maintenance (O&M).

edotco operates and manages a regional portfolio of over 27,000 towers across core markets of Malaysia, Myanmar, Bangladesh, Cambodia, Sri Lanka and Pakistan with 16,391 towers directly operated by edotco and a further 10,821 towers managed through a range of services provided. edotco strives to deliver outstanding performance in telecommunications infrastructure services and solutions. Its state-of-the-art real-time monitoring service, echo, has already seen improvements in field operations while maximizing operational efficiencies in terms of battery, energy and fuel consumption for telecommunications infrastructure.

edotco Group was recently awarded the Frost & Sullivan 2018 Asia Pacific Telecoms Tower Company of the Year Award for its demonstrated exemplary business growth and performance in Southeast Asia.