Delta Partners Advises edotco on Partnership with Getco in Bangladesh
Delta Partners Group, a global telecom, media and digital (TMD) advisory and investment firm, has advised edotco on its strategic partnership with Bangladesh-based conglomerate Getco.
Getco, through its subsidiary Greencon Tower Company Ltd., becomes a 30 percent shareholder and strategic partner with edotco in Bangladesh and, together, will apply for a tower sharing license as part of a wider plan to provide next-generation telecommunications infrastructure to meet Bangladesh’s growing connectivity needs.
“We are pleased to have acted as a sole strategic and financial advisor to edotco on this transaction. Bangladesh is a key market for edotco and securing a local strategic partner was of paramount importance. We look forward to a successful partnership between Getco and edotco,” said Fede Membrillera, Managing Partner at Delta Partners.
edotco operates and manages a regional portfolio of over 27,000 towers across core markets of Malaysia, Myanmar, Bangladesh, Cambodia, Sri Lanka and Pakistan with 16,390 towers directly operated by edotco and a further 10,820 towers managed through a range of services provided. edotco strives to deliver outstanding performance in telecommunications infrastructure services and solutions.
“With its strong nationwide focus on digital services and increased industry investment for 4G and beyond, Bangladesh is well positioned to thrive. Our partnership with Getco is fundamental to enabling transformation within the telecommunication sector. Tower companies are the backbone of telecommunications development as we ensure the right infrastructure is in place,” said Suresh Sidhu, chief executive officer of edotco.
About Delta Partners
Delta Partners is a leading advisory and investment integrated platform globally. We are a unique hub for people, capital and knowledge to address challenges and opportunities in a transforming TMD industry. With offices across the world, in the United States of America, the United Arab Emirates, South Africa, Spain, Singapore and Colombia, we serve our clients around the globe. Our unique business model enables us to serve our TMD clients through Management Consulting, Corporate Finance and Private Equity.
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.
edotco operates and manages a regional portfolio of over 27,000 towers across core markets of Malaysia, Myanmar, Bangladesh, Cambodia, Sri Lanka and Pakistan with 16,390 towers directly operated by edotco and a further 10,820 towers managed through a range of services provided.
© 2019 Delta Partners.