edotco Group (“edotco”), a leading integrated telecommunications infrastructure services provider, is pleased to announce that it was presented the “2017 Asia Pacific Telecoms Tower Company of the Year Award” by Frost & Sullivan. This marks the first time a company has been recognised in this category on the Asia Pacific level, and comes on the back of edotco’s win of the “2016 Southeast Asia Telecoms Tower Company of the Year Award” last year.
The award was presented at the annual Frost & Sullivan Asia Pacific Best Practices Awards ceremony held at the Shangri-La Hotel, Singapore, yesterday evening. The Awards recognise best-in-class companies that excel in their respective business segments, as well as their efforts to develop the industry in 2016.
Frost & Sullivan’s team of analysts undertake a thorough methodology in its evaluation of excellence, and the award categories offered each year are carefully reviewed and evaluated to reflect the current market landscape and include new emerging trends. Short-listed companies were evaluated on a variety of actual market performance indicators which include revenue growth; market share and growth in market share; leadership in product innovation; marketing strategy and business development strategy.
Suresh Sidhu, CEO of edotco Group, said: “We are honoured to receive this award from Frost & Sullivan, and are delighted to be the first company recognised in this category on the Asia Pacific level. In 2016, we were able to deepen our geographical presence across the region, introduce innovative and sustainable engineering concepts, and also concluded our maiden private placement exercise, which saw the introduction of quality and long-term investors.
“This award is testament to the team’s efforts to deliver on our aspiration of enabling connectivity with the provision of world-class telecoms infrastructure services and solutions. I would like to dedicate this award to the team at edotco, as well as our investors and customers who believe in the value of our offerings.”
Frost & Sullivan’s Senior Vice President of Digital Transformation Asia Pacific, Andrew Milroy said, “Tower infrastructure is a key pillar of the telecoms industry, and edotco has been able to demonstrate real leadership especially in areas of sustainability and innovation. edotco’s deployment of the first carbon fibre tower in Asia and construction of the first bamboo tower in the world showcase the innovative and pioneering spirit within the organisation.”
"We are pleased to be able to recognise edotco’s achievements on the Asia Pacific level and look forward to its continued growth and contribution to the industry," [Mr Milroy] concluded.
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 over 26,000 towers across core markets of Malaysia, Myanmar, Bangladesh, Cambodia, Sri Lanka and Pakistan with 18,461 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 maximizing operational efficiencies in terms of battery, energy and fuel consumption for telecommunications infrastructure.
For more information on edotco, visit www.edotcogroup.com
About Frost & Sullivan: Frost & Sullivan, the Growth Partnership Company, works in collaboration with clients to leverage visionary innovation that addresses the global challenges and related growth opportunities that will make or break today's market participants. For more than 50 years, we have been developing growth strategies for the global 1000, emerging businesses, the public sector and the investment community. Is your organization prepared for the next profound wave of industry convergence, disruptive technologies, increasing competitive intensity, Mega Trends, breakthrough best practices, changing customer dynamics and emerging economies?
Photo caption: Thivanka Rangala, CFO, edotco Group (left) receiving the 2017 Asia Pacific Telecoms Tower Company of the Year Award by Frost & Sullivan in Singapore