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Home>>Daily News>>Philippines>>Telecoms >>Malaysia’s RT Telecom to invest as much as $1B in PHL common towers
NEWS UPDATES Asean Affairs   January 31, 2019  






Malaysia’s RT Telecom to invest as much as $1B in PHL common towers

 
Malaysia’s RT Telecom Sdn. Bhd. on Wednesday said it plans to invest as much as $1 billion in the Philippine telecommunications sector as part the common tower policy initiative of the Duterte administration.

The company seeks to build as much as 15,000 common towers in the country in the next five years, which could be leased by telecom companies.

During the signing of a Memorandum of Understanding (MOU) with the Department of Information and Communications Technology (DICT), RT Telecom expressed its keen intention to play the role of common tower provider.

“It probably would range from 800,000 to a billion US dollars to come in,” Subhash Devan, RT Telecom’s chief operating officer, told reporters in Quezon City.

RT is the sixth company to sign an MOU with DICT under the common tower initiative. The others are ISOC ECP Infrastructures Inc., Singapore’s ISON ECP Tower Pte. Ltd., Nigeria's IHS Towers, and Malaysia’s edotco Group.

The government is bent on implementing a common tower policy to reduce the cost of telecommunications services by freeing telcos from costly expenditures in building their own towers or cell sites.

The towers will be shared by incumbent telco operators—PLDT Inc. and Globe Telecom Inc.—as well as the third telco player Mislatel Consortium.

“We’ve forecasted about 10 to 15,000 towers in the next five years. I hope that in the quicker approvals, we can achieve that number in the short period of time,” Devan said, noting that the company is open to teaming up with other parties for its Philippine operations.

“As a common tower operator, we are always open in terms of strategic partnership to enhance our portfolio,” he said.

“We are in communication with two of the existing guys here, but I can’t elaborate further,” he added.


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  Today's  Stories                     January 31, 2019
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ASEAN NEWS UPDATES      Updated: 04 January 2011

 • Women Shariah scholars see gender gap closing
• Bank Indonesia may hold key rate as inflation hits 7 percent
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• Private property prices hit new high in Singapore • Bangkok moves on mass transport
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ASEAN  ANALYSIS

This year in Thailand-what next?


AseanAffairs   04 January 2011
By David Swartzentruber      

It is commonplace in journalism to write two types of articles at the transition point between the year that has passed and the New Year. As this writer qualifies as an “old hand” in observing Thailand with a track record dating back 14 years, it is time take a shot at what may unfold in Thailand in 2011.

The first issue that can’t be answered is the health of Thailand’s beloved King Bhumibol, who is now 83 years old. He is the world's longest reigning monarch, but elaborate birthday celebrations in December failed to mask concern over his health. More

 


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