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OCK buys Vietnamese towers as it expands across Asean region

Connectivity BusinessbyConnectivity Business
August 4, 2016
in Investments, Space Services
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Vietnam Infrastructure has agreed to sell Southeast Asia Telecommunications Holdings, which owns close to 2,000 mobile towers in Vietnam, to Malaysian network services provider OCK Group for US$50m. During a press conference, OCK Group MD Sam Ooi Chin Khoon (pictured) was quoted saying that this acquisition paves the way for his company to enter the Vietnamese market. Vietnam Infrastructure (VNI) (LON:VNI) […]

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Tags: Asia PacificOCK GroupOCK Vietnam TowersPremiumSoutheast Asia Telecommunications HoldingsTF248Vietnam Infrastructure
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