Bangladesh: edotco raising their stake in their Bangladesh opco
The Bangladesh Telecommunications Regulatory Commission (BTRC) has approved Axiata’s plans to alter the shareholding structure of its operations in Bangladesh. Axiata’s towerco edotco will buy back 31.01% of shares in edotco Bangladesh from sister company Robi Axiata, which currently holds a 51% stake in the tower unit. edotco will hold 80.01%, while Robi will retain 19.99%.
Bangladesh: edotco installs two wind turbines
edotco Bangladesh has installed two wind turbines at Shah Porir Dwip of Teknaf and Cox’s Bazar to support the need for power in remote coastal regions of Bangladesh.