Malaysia-based common tower provider edotco Group and local firm Isoc Infrastructure have entered into a joint venture to develop the country’s telecommunications infrastructure.
The partnership will be called ‘Isoc edotco Towers, Inc.’ and will see both partners businesses bringing their operational expertise and technological capabilities to the table to advance the local telecommunications infrastructure landscape including promoting an effective tower-sharing model and introducing the deployment of next-generation tower solutions.
“Infrastructure sharing has proven to help mobile network operators focus on their core business and service offerings by alleviating the cost pressure of building and maintaining towers. We believe that the right sharable infrastructure will be able to meet the current demands for affordable and reliable connectivity in the country,” said Suresh Sidhu, chief executive officer of edotco.
“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 the transformation within the Philippines telecommunications sector and lay the right foundation for the country’s digital readiness.”
edotco and Isoc have recently signed agreements with Globe and Smart in the past months kick-starting preliminary efforts to provide adequate service to 108 million Filipinos.
“The absence of infrastructure sharing has resulted in significant duplication, both in terms of capital expenditure (capex) and asset development. However, we are very encouraged by the proposed tower-sharing guidelines by the DICT showcasing their commitment to facilitate the tower sharing roll out in the country. With edotco’s best practices, regional benchmarks and Isoc’s local expertise, we are confident in this partnership’s ability to transform the local telecommunications infrastructure landscape,” added Sidhu.
Michael C. Cosiquien, Isoc Infrastructure chairman, said, “Isoc and edotco’s combined expertise in building infrastructure, particularly common cell towers, would help improve and upgrade the country’s telco infrastructure. Today’s signing lays the groundwork to link all the regions of our country and provide better mobile connectivity to our countrymen.”
“As we build these common towers line by line and bolt by bolt, millions of Filipinos would be able to connect with their families both domestic and abroad. Through this enhanced digital connectivity, opportunities would be opened, gaps would be bridged, and relationships nourished as we help create a much stronger and globally competitive Philippines,” he added.