Infrastructure sharing, deployment of innovative solutions and investment in infrastructure upgrades to build the foundation of a 5G-ready Pakistan With the nation’s smartphone penetration rate expected to grow from the current 30% to over 60% in the next five years, integrated regional telecommunications infrastructure services provider edotco Group Sdn Bhd (“edotco”), through its local operations…
edotco Group (“edotco”), an integrated telecommunications infrastructure services company has reinforced its commitment in Pakistan, now considered a country with the potential to create one of the largest digital audiences in the world. At a recent meeting with Imran Khan – the Prime Minister of Pakistan, Datuk Azzat Kamaludin – Chairman of edotco Group and Suresh…
edotco Group Sdn Bhd, a subsidiary of Malaysia based Axiata Group Berhad, has terminated the acquisition process of acquiring tower assets from PMCL in Pakistan. In an announcement today, edotco PK has said that they will not be moving forward with the acquisition of 13,000 towers from Pakistan Mobile Communications Limited (“PMCL”) in Pakistan. It’s…
State Bank of Pakistan (SBP) has approved edotco Pakistan Private Limited (edotco PK) allowing local lenders to fund the acquisition by edotco PK of Jazz’s portfolio of 13,000 tower assets currently under Deodar Private Limited (Deodar). This development marks another step forward in approvals related to the transaction in the acquisition. The final regulatory approvals…
PTA (Pakistan Telecommunication Authority) has approved edotco PK’s change of shareholding in the Tower-Sharing Services Company by way of subscription by Dawood Hercules Corporation Limited (DH Corp) of 45% of the share capital of edotco PK, an end-to-end telecom infrastructure services company. This positive decision of the Government and the Regulator is a welcome promotion…
edotco Group (“edotco”), a leading integrated telecommunications infrastructure services provider, is pleased to announce that it was presented the “2017 Asia Pacific Telecoms Tower Company of the Year Award” by Frost & Sullivan. This marks the first time a company has been recognised in this category on the Asia Pacific level, and comes on the…
edotco Group Sdn Bhd (“edotco”), in its biggest expansion to date, together with Dawood Hercules Corporation Limited (“DH Corp”), a leading listed investment conglomerate in Pakistan announced the acquisition of approximately 13,000 towers from Pakistan Mobile Communications Limited (Jazz). edotco, through Tanzanite Tower Private Limited, a wholly owned subsidiary of edotco Pakistan Private Limited (“edotco…
