Common tower joint venture aims to build up to 500 cell sites in its first year

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MANILA – Common tower firm ISOC edotco Towers Inc aims to build 400 to 500 shared cell sites in its first year of operations to upgrade the country's telecommunications space, its officials said Tuesd

MANILA – Common tower firm ISOC edotco Towers Inc aims to build 400 to 500 shared cell sites in its first year of operations to upgrade the country's telecommunications space, its officials said Tuesday.

Common towers will enhance the capacity of telecommunications providers and speed up infrastructure rollout, Department of Information and Communications Technology Usec. Eliseo Rio said. Shared cell sites will allow telcos to have "greater focus" on their core business of delivering connectivity to subscribers and will also pave the way for 5G rollout, edotco Group CEO Suresh Sidhu said. Both partners in the venture “agreed” to invest up to $100 million in the next few years, he added.

ISOC and edotco earlier signed common tower deals with both Globe Telecom and Smart and is currently negotiating with third telco player Dito Community, edotco country managing director William Walters said.

 

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