Globe Telecom transfers 701 towers to MIDC
18 October 2022
Globe Telecom has transferred 701 towers to Miescor Infrastructure Development Corporation, as part of plans to sell more than 7,000 towers to raise PHP71 billion to pay for coverage expansion and debts.
Miescor will pay PHP8.4 billion for the 701 towers and related passive infrastructure.
Find out more Indus Towers CEO resigns
10 October 2022
Bimal Dayal, managing director (MD) and CEO of Indus Towers, has resigned from his posts, with approval from the board, to pursue opportunities outside of the company.
Dayal worked at Indus Towers for 12 years, including six years as COO and six years as MD and CEO.
“It has been a nostalgic journey with the milestones of Deming Prize, Great place to work and an impeccable merger, to count a few,” said Dayal. “What I am leaving behind is a very stable and performing company with a great talent pool. I look forward to my next engagement with enthusiasm.”
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Bangalink agrees tower sharing initiative with BTCL
10 October 2022
Bangalink has reached an agreement with Bangladesh Telecommunications Company Limited (BTCL) for a tower sharing initiative.
As part of the agreement, BTCL will share its tower infrastructures with Banglalink. The initiative will enhance Banglalink’s quality of services further by supporting its 4G expansion, ensuring energy-efficient operations and optimising the use of Bangladesh’s national resources.
“We always welcome network sharing opportunities to serve our customers better and ensure proper utilization of resources and infrastructures,” said Erik Aas, CEO, Banglalink said. “In the last year, we have added more than 3300 4G base stations to our network; many of these are based on shared infrastructure. We will continue to expand the network, and our partnership with BTCL will give a fresh impetus to this endeavour. We are looking forward to further sharing opportunities of passive and active telecom infrastructure in the future.”
Find out more Telkomsel sells 6,000 more towers to Mitratel
10 October 2022
PT Telekomunikasi Selular (Telkomsel) has announced its third tower sale in three years, this time of 6,000 towers for an undisclosed price, to PT Dayamitra Telekomunikasi Mitratel.
This follows the 2020 sale of 6,050 towers for US$700 million, and the 2021 sale of 4,000 towers for US$436 million. Since 2020, Telkomsel has sold 16,050 towers to Mitratel.
Under the terms of the deal, Mitratel will implement Telkomsel’s IoT and Data Analytic services to provide real time telecommunication tower operational management and proactive power consumption optimisation.
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