Regional telco group eyeing fixed broadband growth in markets it is in.
Drones are being used more and more often these days. Edwin Yapp checks out what edotco is doing with them.
Completes the acquisition of an 80% stake of Tanjung Digital for RM140 million.
Regional telco group appears determined to stick it out in the Indian market.
Group-wide cost optimisation programme exceeds target to contribute RM960 million.
Collaboration is set to enhance telecommunication services in Malaysia.
edotco already owns and operates 26,000 towers across six countries. Current acquisition, once approved, will see it become 8th largest tower company in the world.
Profit after tax was up 82.8% in 2Q 2017 to RM479.1 million from RM262 million in the previous quarter.
The sites cover the Klang Valley area and are now ready to serve the commercial needs of IoT services to potential enterprises and clients.
INCJ will be investing up to US$400 mil in new edotco shares while Axiata will be divesting US$200 mil of edotco shares to Khazanah The deal may lift some pressure off edotco's IPO plan