edotco to acquire 2,973 telecom towers in the Philippines

In a separate agreement, edotco was also granted the commitment to build and develop 750 build-to-suit or BTS sites for leasing to PLDT in the future.

PETALING JAYA: edotco Group Sdn Bhd’s subsidiary in the Philippines has inked a 42 billion Philippine peso (RM3.42bil) deal to acquire 2,973 telecom towers in the country through a sale and lease back transaction with subsidiaries of PLDT Inc.

In a separate agreement, edotco was also granted the commitment to build and develop 750 build-to-suit or BTS sites for leasing to PLDT in the future.