edotco extends footprint into Myanmar with acquisition of majority stake in MTC

Exclusive interview with edotco CEO Suresh Sidhu

Read this article to learn:

  • What attracted edotco to invest in Myanmar
  • MTC’s highly sought after urban locations
  • edotco’s views on provision of energy and remote monitoring solutions
  • TowerXchange’s commentary on the benchmark this transaction establishes for the value of a Myanmar tower

On 2 October 2015 edotco announced that it had reached agreement to acquire a 75% controlling stake in Digicel Myanmar Tower Company (MTC), subject to the approval of regulators and MTC’s minority shareholder YSH Finance. The transaction values MTC at an enterprise value of US$221mn. When closed, the deal will bring edotco’s tower count over…

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