Phnom Penh, 28 August 2017 – edotco Group (“edotco”), a regional leader in integrated telecommunications infrastructure services with operations in Southeast Asia and South Asia, brought together key experts in the telecommunications industry to discuss the development of Cambodia’s ICT Masterplan 2020 at its International Infrastructure Summit on Monday.
Government officials, business leaders and experts in telecommunications and infrastructure gathered at this one-day summit to engage on issues and opportunities surrounding tower sharing, telecom regulations and licensing frameworks in Cambodia.
H.E. Tram Iv Tek, Cambodia’s Minister of Posts and Telecommunications, opened the summit with an address on the current up and coming telecommunications environment in Cambodia. In his address, he spoke about Cambodia’s ambitions to be digitally connected by 2020 and recognised the crucial role of public private partnerships in achieving ICT readiness.
“Summits like these bring together leading figures and key players in the industry creating the dialogue that is necessary to realise Cambodia’s ICT vision. The government hopes to have 100 percent broadband coverage in urban areas and 70 percent coverage in rural areas by 2020, and actively partnering with the specialist infrastructure companies is key to ensuring we are on track” he said.”edotco’s initiatives in bringing connectivity through telecom infrastructure and innovative solutions supports Cambodia’s vision to revolutionise the country’s ICT sector and I thank them for leading the charge on these vital discussions” he said.
Suresh Sidhu, CEO of edotco Group, said: “We are pleased to bring together experts in the field of telecommunications and infrastructure at this year’s summit in Cambodia. edotco is at the forefront of telecommunication infrastructure and investment in Asia and operates as a strong nation-building partner. We hope to support and enable Cambodia’s ICT vision for 2020 by providing this valuable platform for the engagement between key parties that is needed to increase the awareness on connectivity and telecom infrastructure development in the country, and also discuss the innovative solutions that are available in the industry now.”
Phillip Wong, Country Managing Director of edotco Cambodia added: “We are encouraged with how the Cambodian government, through its regulatory frameworks and many e-governance initiatives actively plans to transform the country to improve connectivity. Today we have seen how independent tower companies such as edotco and many other key players present here can serve as vital and reliable partners in driving this ambition.”
A key feature of the summit were panel discussions on the ICT Connectedness and Readiness for Cambodia and the investors’ view on infrastructure investments, which included H.E. Dr. Kan Channmeta, Secretary of State of Ministry of Posts and Telecommunications, Thomas Hundt, CEO of Smart Axiata, Patrick Tangney, Vice Chairman of Irrawaddy Towers, Carlos Katsuya, Chief Investment Officer and Head of Telecom, Media & Technology, Asia, Europe and MENA of IFC, Sachin Gupta, Managing Director of New Street Capital Asia and Suresh Sidhu, CEO of edotco Group as panellists.
With a steady 7.0 percent GDP growth, Cambodia is one of Asia’s fastest growing economies and is ripe for an ICT revolution. With 7.2 million internet subscribers and nearly 20 million telephone subscribers, the fixed broadband market currently presents huge opportunity for development as mobile broadband penetration is forecasted for continued strong growth.
edotco Cambodia was established in May 2012 with just only five employees and 150 tenancies. Since then, edotco has seen tremendous growth in its headcount and tower count. In 2015, edotco’s tower count in Cambodia grew to 1,800 towers after it acquired tower assets from Smart Axiata. To date, edotco Cambodia has 25 employees and 3,500 tenancies, spread across major network operators such as Smart Axiata, Seatel, Xinwei, CamGSM and Emaxx.
The first edotco-hosted International Infrastructure Summit was held in Dhaka, Bangladesh, in 2015 and there are plans to host this event in different countries on a biannual basis.
About edotco Group
Established in 2012, edotco is the first regional and integrated telecommunications infrastructure services company in Asia, providing end-to-end solutions in the tower services sector from tower leasing, co-locations, build-to-suit, energy, transmission and operations and maintenance (O&M).
edotco operates and manages a regional portfolio of more than 25,000 towers across core markets of Malaysia, Myanmar, Bangladesh, Cambodia, Sri Lanka and Pakistan with 17,100 towers directly operated by edotco and a further 8,100 towers managed through a range of services provided. edotco strives to deliver outstanding performance in telecommunications infrastructure services and solutions. Its state-of-the-art real time monitoring service, echo, has already seen improvements in field operations while maximising operational efficiencies in terms of battery, energy and fuel consumption for telecommunications infrastructure.
edotco Group was awarded the Frost & Sullivan 2016 Southeast Asia Telecoms Tower Company of the Year Award for its demonstrated exemplary business growth and performance in Southeast Asia.
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