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Edotco takes over Ooredoo’s energy assets, management of telecoms towers

Telecoms tower firm Edotco signed with Qatari operator Ooredoo yesterday to take over energy assets and management of 1,250 tower sites across Myanmar in order to improve operational and energy efficiencies.

Edotco Myanmar, which belongs to the Malaysian telecoms giant Axiata Group subsidiary Edotco group, will now be able to provide and manage energy for all tenants on these sites. The firm stated that the consolidation of systems is set to not only enhance operations but also create energy and environmental efficiencies.

Vijendran Watson, managing director for Edotco Myanmar, said that this shift in business model moves the company from providing tower services to tower plus power services.

“By operating and maintaining the overall power management systems, we will be able to optimise energy systems and energy pass through management at the sites.

“Apart from that, edotco will provide remote monitoring which will boost operational efficiency by allowing us to address energy management issues as and when they occur, helping to reduce network downtime,” Mr Watson explained. Through sharing energy systems with all tenants, the company seeks to reduce noise and environmental pollution caused by multiple operators owning individual diesel generators on sites.

Vikram Sinha, chief executive officer of Ooredoo Myanmar Ltd, said that this partnership allows the firm to prioritise meeting the operational and customer’s needs that edotco will be efficiently managing all energy needs on these sites.

“We benefit from energy efficiencies, lower downtime and improved experience at both an operational and environmental level through improved overall performance of the power systems at the sites,” Mr Sinha said.

Established in 2012, edotco, the first regional and integrated telecommunications infrastructure services company in Asia, is providing end-to-end solutions in the tower services sector which has installed wind turbine towers and solar towers in countries of the region. It was also planning to introduce towers made up of bamboo and wood.

In 2016, Singapore-listed Yoma Strategic sold a 12.5 percent stake in telecom tower-owner Edotco Investments Singpore to Malaysian Axiata Group for US$35 million. Edotco Investments Singapore owns Myanmar Towner Company (MTC), now known as Edotco Myanmar, which counts Oordeoo as a primary customer.

The telecommunications sector in the country is currently dominated by Norway’s Telenor ASA, Ooredoo and government-owned Myanma Posts & Telecommunications, which recently teamed up with Japanese carrier KDDI Corp and trading house Sumitomo Corp to strengthen its service offering. Viettel Group, the state-backed carrier run by Vietnam’s Ministry of Defense, this year started operating as Myanmar’s fourth service provider.

Source: Myanmar Times

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