PLDT sells towers for $1.47 billion in largest foreign purchase
PLDT Inc. raised 77 billion pesos ($1.47 billion) selling half of its telecommunication towers, the largest ever acquisition of assets ...
Tag: Edotco
Big plans shine spotlight on connectivity business in Southeast Asia
Investment and deals in connectivity are drawing attention to Southeast Asia, particularly to Singapore and Indonesia. Digital infrastructure builders are ...
Asian tower investments primed to surge amid valuation uncertainty in US and Europe
Tower investments in Asia are expected to ramp up in 2020 as worries mount that a pending rule on T-Mobile/Sprint’s ...
Edotco becomes Pakistan’s largest independent towerco with US$90m deal
Malaysian towerco Edotco has gained 700 sites in Pakistan for US$90m in its first acquisition since its record-breaking private placement deal. Edotco, owned by ...
Axiata sells 10% stake in Cambodian mobile operator to cut debt
Malaysian telco Axiata Group’s Cambodian subsidiary Axiata Investments has sold a 10% stake in Cambodia’s largest mobile operator Smart Axiata for US$66m. Japanese general trading company Mitsui & Co and its ...
Axiata lures Malaysian retirement fund into edotco growth plan with US$100m share sale
Axiata Group-owned giant telecoms infraco edotco has upsized its private placement equity deal to US$700m and lured Malaysia’s Retirement Fund Incorporated (KWAP) as a new investor. Edotco CEO ...
Axiata, Bharti Infratel eye Vodafone’s Indus Towers stake amid increasing competition
India’s second-largest towerco Bharti Infratel and Asian giant infraco edotco are reportedly aiming to acquire Vodafone’s 42% stake in Indus Towers. Edotco’s parent, Malaysian Axiata Group is seeking to expand its ...
Axiata’s edotco finalises largest towerco private placement of 2016 to fuel acquisitions
Axiata Group’s infrastructure subsidiary edotco has finalised the US$600m equity private placement deal that marked the largest of its kind for 2016 ...
Axiata’s edotco raises US$600m in tower equity deal to cut debt and fuel acquisitions
The wholly owned infrastructure subsidiary of Malaysian telco Axiata Group has raised US$600m in the largest private placement deal in the tower sector ...
Axiata ups stake in edotco Myanmar under call option
A wholly-owned subsidiary of Axiata Group is exercising its call option agreement with YSH Finance, a subsidiary of Singapore-based investment holding company Yoma Strategic Holdings, to ...
