Formation of an independent tower company in a joint venture (“JV”) with ISOC Infrastructure, Inc. (“ISOC”)
Transaction summary
Deal value
Undisclosed
Transaction highlights
Facilitates edotco’s entry into the Philippines tower sector, a key growth market for digital infrastructure in ASEAN
Highly complementary paring of strategic competencies between edotco and ISOC
The JV was among the first to sign an agreement with the Department of Information and Communications Technology and receive built-to-suit orders from operators
Completion
Sep-19
Client description
edotco is the first and leading regional integrated telecommunications infrastructure services company in Asia
The company specialises in provision of end-to-end solutions in the tower services sector
Operates and manages a portfolio of over 29,800 towers across its core markets of Malaysia, Myanmar, Bangladesh, Cambodia, Sri Lanka and Pakistan
Redpeak role
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Sole financial advisor to edotco on the transaction
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Assisted edotco with the financial analysis and assessment of the Philippines telecommunications and digital infrastructure market
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Introduced edotco to potential JV partners, including ISOC
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Structured the JV and managed negotiations on JV and other investment related agreements