Thursday 28 Mar 2024
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This article first appeared in The Edge Financial Daily on May 25, 2018

KUALA LUMPUR: edotco Myanmar, part of Axiata Group Bhd’s subsidiary edotco Group Sdn Bhd, is taking over the energy assets and management of Ooredoo Myanmar Ltd on 1,250 telecommunications tower sites in Myanmar.

edotco currently owns and operates more than 1,500 tower sites in Myanmar, with Ooredoo Myanmar as its anchor tenant. In a statement yesterday, edotco said edotco Myanmar has signed an agreement with Ooredoo Myanmar that will enable edotco to provide and manage energy for all tenants on these sites.

“This is a significant shift in business model for edotco in Myanmar as we move from providing tower services to tower plus power services. We will be able to optimise energy systems and energy pass-through management on the sites. In addition to increasing operational and energy efficiencies through sharing energy systems with all tenants, edotco will simultaneously improve community relations by reducing noise and environmental pollution caused by multiple operators owning individual diesel generators on the sites,” said edotco Myanmar country managing director Vijendran Watson.

Ooredoo Myanmar chief executive officer Vikram Sinha said the company will benefit from energy efficiencies, lower downtime and  an improved experience through an improved overall performance of the power systems on the sites.

“This partnership with edotco allows us to focus on meeting our operational and customers’ needs with confidence that edotco will be efficiently managing all our energy needs on these sites,” he added.

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