Latest news with #EDOTCO
Barnama
2 days ago
- Business
- Barnama
EDOTCO and Sitetracker Partner To Digitally Transform Field Operations Across Asia
KUALA LUMPUR, Malaysia & MONTCLAIR, N.J., May 30 (Bernama) -- EDOTCO Group ('EDOTCO'), one of Asia's leading digital connectivity infrastructure companies, and Sitetracker, the global leader in full asset lifecycle management, today announced a strategic partnership to accelerate the digital transformation of EDOTCO's field operations across its regional footprint. This collaboration marks a major milestone in Asia's telecommunications infrastructure sector, with EDOTCO set to deploy Sitetracker's newly expanded Operations & Maintenance (O&M) platform across more than 55,000 towers in nine Asian markets - setting a new industry benchmark for operational scalability, efficiency and innovation.
Business Wire
3 days ago
- Business
- Business Wire
EDOTCO and Sitetracker Partner to Digitally Transform Field Operations Across Asia
KUALA LUMPUR, Malaysia & MONTCLAIR, N.J.--(BUSINESS WIRE)--EDOTCO Group ('EDOTCO'), one of Asia's leading digital connectivity infrastructure companies, and Sitetracker, the global leader in full asset lifecycle management, today announced a strategic partnership to accelerate the digital transformation of EDOTCO's field operations across its regional footprint. "Our partnership with Sitetracker will enable us to standardize and modernize our field operations across the region." - Adlan Tajudin, Group Chief Executive Officer of EDOTCO This collaboration marks a major milestone in Asia's telecommunications infrastructure sector, with EDOTCO set to deploy Sitetracker's newly expanded Operations & Maintenance (O&M) platform across more than 55,000 towers in nine Asian markets - setting a new industry benchmark for operational scalability, efficiency and innovation. 'At EDOTCO, we are committed to building intelligent and resilient infrastructure that supports the future of digital connectivity,' said Adlan Tajudin, Group Chief Executive Officer of EDOTCO. 'Our partnership with Sitetracker will enable us to standardize and modernize our field operations across the region — empowering our teams with the tools to deliver greater service levels, operational agility, and data-driven decision-making at scale.' The Sitetracker platform will support EDOTCO in harmonizing field workflows, driving predictive maintenance, and unlocking operational visibility across its extensive tower infrastructure; transforming how preventive and corrective tasks are planned, executed, and tracked. Rewriting the Playbook for Field Operations and Maintenance EDOTCO's forward-looking strategy centers on developing a future-ready operations model that can respond to evolving digital demands across South and Southeast Asia. The deployment of the Sitetracker platform will empower EDOTCO to reduce complexity, eliminate manual interventions, and scale best-in-class O&M practices across diverse environments. Through this strategic alliance, EDOTCO will: Automate preventive and corrective maintenance - identifying potential issues early to ensure network reliability and reduce downtime; Streamline fleet and site asset audit workflows - eliminating process errors and facilitating more accurate inventory management and compliance; Enable secure, geo-tracked site check-in - enhancing workforce safety and accountability; Monitor Service Level Agreement (SLA) performance in real-time - improving service delivery and response; Integrate seamlessly with critical systems - eliminating data silos and aligning teams through a centralized, intelligent platform. 'EDOTCO's commitment to intelligent infrastructure management makes them an ideal partner,' said Giuseppe Incitti, CEO of Sitetracker. 'Their vision aligns perfectly with our mission to deliver best-in-class, end-to-end asset lifecycle management that empowers the world's most essential infrastructure.' Setting the Standard for a Digital-First Future With the roll-out of Sitetracker, EDOTCO will be among the first TowerCos in Asia to deploy a fully integrated, mobile O&M platform at this scale – further strengthening its commitment to innovation, sustainability, and operational resilience across the digital infrastructure value chain. This partnership represents a shared commitment by both companies to future-proof infrastructure management, streamline field execution, and enhance the quality of digital services across fast-growing markets in Southeast and South Asia. About Sitetracker Sitetracker empowers owners, operators, contractors, and other stakeholders to streamline and optimize the end-to-end asset lifecycle of critical infrastructure. As the leading global complete Asset Lifecycle Management platform, Sitetracker helps innovative companies like Vodafone, Ericsson, ENGIE, Telefonica, Cypress Creek Renewables, Cox, Iberdrola, EVgo, Vantage Towers, Southern Company, Zayo, Tilson, Nextera, EDOTCO, Axione, and TEP efficiently plan, build, operate, and maintain millions of projects, sites, and assets. Sitetracker delivers operational excellence and creates full transparency across industries such as digital infrastructure, renewables, EV charging, utilities, and real estate by driving safe, efficient teams, ensuring healthy projects, and enabling organizations to manage scale, growth, and complexity. Trusted by hundreds of industry leaders, Sitetracker advances a more connected and sustainable future across the world. Manage What's Critical, with Sitetracker. About EDOTCO Group Established in 2012, EDOTCO Group is the leading digital connectivity infrastructure services company in Asia, providing end-to-end integrated solutions in the tower services sector. Its mission is to help nations across Asia advance their connectivity infrastructure with leading-edge solutions and achieve equitable connectivity. With a portfolio of over 58,000 towers across nine countries, the company is present in Malaysia, Bangladesh, Philippines, Indonesia, Cambodia, Pakistan, Myanmar, Sri Lanka, and Laos - fulfilling connectivity demands innovatively and sustainably to help its customers and partners accelerate sustainable growth. EDOTCO prioritises prudent portfolio expansion for organic and inorganic opportunities that carry the right scale, economics, and returns for its shareholders. EDOTCO Group was named Asia Pacific Telecoms Tower Company of the Year for six consecutive years by Frost & Sullivan and was recognised as one of three ASEAN Unicorns based in Malaysia. For more information, visit
Yahoo
3 days ago
- Business
- Yahoo
EDOTCO and Sitetracker Partner to Digitally Transform Field Operations Across Asia
KUALA LUMPUR, Malaysia & MONTCLAIR, N.J., May 29, 2025--(BUSINESS WIRE)--EDOTCO Group ("EDOTCO"), one of Asia's leading digital connectivity infrastructure companies, and Sitetracker, the global leader in full asset lifecycle management, today announced a strategic partnership to accelerate the digital transformation of EDOTCO's field operations across its regional footprint. This collaboration marks a major milestone in Asia's telecommunications infrastructure sector, with EDOTCO set to deploy Sitetracker's newly expanded Operations & Maintenance (O&M) platform across more than 55,000 towers in nine Asian markets - setting a new industry benchmark for operational scalability, efficiency and innovation. "At EDOTCO, we are committed to building intelligent and resilient infrastructure that supports the future of digital connectivity," said Adlan Tajudin, Group Chief Executive Officer of EDOTCO. "Our partnership with Sitetracker will enable us to standardize and modernize our field operations across the region — empowering our teams with the tools to deliver greater service levels, operational agility, and data-driven decision-making at scale." The Sitetracker platform will support EDOTCO in harmonizing field workflows, driving predictive maintenance, and unlocking operational visibility across its extensive tower infrastructure; transforming how preventive and corrective tasks are planned, executed, and tracked. Rewriting the Playbook for Field Operations and Maintenance EDOTCO's forward-looking strategy centers on developing a future-ready operations model that can respond to evolving digital demands across South and Southeast Asia. The deployment of the Sitetracker platform will empower EDOTCO to reduce complexity, eliminate manual interventions, and scale best-in-class O&M practices across diverse environments. Through this strategic alliance, EDOTCO will: Automate preventive and corrective maintenance - identifying potential issues early to ensure network reliability and reduce downtime; Streamline fleet and site asset audit workflows - eliminating process errors and facilitating more accurate inventory management and compliance; Enable secure, geo-tracked site check-in - enhancing workforce safety and accountability; Monitor Service Level Agreement (SLA) performance in real-time - improving service delivery and response; Integrate seamlessly with critical systems - eliminating data silos and aligning teams through a centralized, intelligent platform. "EDOTCO's commitment to intelligent infrastructure management makes them an ideal partner," said Giuseppe Incitti, CEO of Sitetracker. "Their vision aligns perfectly with our mission to deliver best-in-class, end-to-end asset lifecycle management that empowers the world's most essential infrastructure." Setting the Standard for a Digital-First Future With the roll-out of Sitetracker, EDOTCO will be among the first TowerCos in Asia to deploy a fully integrated, mobile O&M platform at this scale – further strengthening its commitment to innovation, sustainability, and operational resilience across the digital infrastructure value chain. This partnership represents a shared commitment by both companies to future-proof infrastructure management, streamline field execution, and enhance the quality of digital services across fast-growing markets in Southeast and South Asia. About Sitetracker Sitetracker empowers owners, operators, contractors, and other stakeholders to streamline and optimize the end-to-end asset lifecycle of critical infrastructure. As the leading global complete Asset Lifecycle Management platform, Sitetracker helps innovative companies like Vodafone, Ericsson, ENGIE, Telefonica, Cypress Creek Renewables, Cox, Iberdrola, EVgo, Vantage Towers, Southern Company, Zayo, Tilson, Nextera, EDOTCO, Axione, and TEP efficiently plan, build, operate, and maintain millions of projects, sites, and assets. Sitetracker delivers operational excellence and creates full transparency across industries such as digital infrastructure, renewables, EV charging, utilities, and real estate by driving safe, efficient teams, ensuring healthy projects, and enabling organizations to manage scale, growth, and complexity. Trusted by hundreds of industry leaders, Sitetracker advances a more connected and sustainable future across the world. Manage What's Critical, with Sitetracker. About EDOTCO Group Established in 2012, EDOTCO Group is the leading digital connectivity infrastructure services company in Asia, providing end-to-end integrated solutions in the tower services sector. Its mission is to help nations across Asia advance their connectivity infrastructure with leading-edge solutions and achieve equitable connectivity. With a portfolio of over 58,000 towers across nine countries, the company is present in Malaysia, Bangladesh, Philippines, Indonesia, Cambodia, Pakistan, Myanmar, Sri Lanka, and Laos - fulfilling connectivity demands innovatively and sustainably to help its customers and partners accelerate sustainable growth. EDOTCO prioritises prudent portfolio expansion for organic and inorganic opportunities that carry the right scale, economics, and returns for its shareholders. EDOTCO Group was named Asia Pacific Telecoms Tower Company of the Year for six consecutive years by Frost & Sullivan and was recognised as one of three ASEAN Unicorns based in Malaysia. For more information, visit View source version on Contacts Media Contact Kathleen OjoSitetrackerpress@ Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Associated Press
05-03-2025
- Business
- Associated Press
AVEALTO SIGNS MOU WITH MAJOR TELECOM OPERATOR IN ASIA
EDOTCO subsidiary of AXIATA to explore breakthrough technology developed by AVEALTO to help close the Digital Divide In Malaysia and other parts of Southeast Asia Barcelona, Catalonia, Spain, March 5, 2025 -- AVEALTO Limited, a UK-based company, was formed to design, build and operate a fleet of high-altitude Wireless Infrastructure Platform vehicles ('WIPS'), also often called High Altitude Platforms ('HAPS'), in order to help close the global Digital Divide. Today, March 5th, 2025, the EDOTCO Group, a subsidiary of Axiata Group Berhad, and AVEALTO Limited have exchanged MOU documents at a ceremony held at the Malaysian Pavillion during the annual MWC conference in Barcelona. EDOTCO Group is the leading digital connectivity infrastructure services company in Asia, providing end-to-end integrated solutions in the tower services sector. Its mission is to help nations across Asia advance their connectivity infrastructure with leading-edge solutions and drive equitable connectivity. The company is present in Malaysia, Bangladesh, Philippines, Indonesia, Cambodia, Pakistan, Myanmar, Sri Lanka and Laos. AVEALTO has completed the development of a transformative technology which can provide cost effective and high quality telecom and internet services to unserved and underserved regions. AVEALTO has an overarching goal to help close the digital divide worldwide. ' I am excited to work with EDOTCO, a visionary company, to explore a path to greater connectivity in Malaysia and the rest of Southeast Asia.' - Walt Anderson – Managing Director, AVEALTO Limited EDOTCO will collaborate with Avealto in a Proof of Concept (PoC) trial to be conducted in Malaysia. This innovative project seeks to unlock new frontiers in telecommunications, offering alternative network solutions that could revolutionise connectivity in remote and hard-to-reach areas. If successful, this initiative could introduce breakthrough technologies that enhance Malaysia's network resilience and scalability. AVEALTO will offer wholesale telecom and internet infrastructure to existing telecom operators at a substantially lower price than existing telecommunication satellites. AVEALTO services are expected to be the highest quality option, in the areas that it serves, and be significantly lower in cost than LEO, MEO or GEO satellites. +1 786.870.0208 About the company: Avealto Ltd. was founded with the purpose of connecting the unconnected, serving the underserved, and bringing the rest of the world into the Global Conversation. We hope you'll join us. Contact Info: Name: Thomas Andrew Olson Email: Send Email Organization: Avealto Ltd. Release ID: 89154337 Should any errors, concerns, or inconsistencies arise from the content provided in this press release that require attention or if a press release needs to be taken down, we kindly request that you immediately contact us at [email protected] (it is important to note that this email is the authorized channel for such matters, sending multiple emails to multiple addresses does not necessarily help expedite your request). Our efficient team will be at your disposal for timely assistance within 8 hours – taking necessary measures to rectify identified issues or providing guidance on the removal process. We prioritize delivering accurate and reliable information.
Yahoo
04-03-2025
- Business
- Yahoo
Axiata Group Bhd (XKLS:6888) Q4 2024 Earnings Call Highlights: Strong Profit Turnaround and ...
Revenue Growth: 1.9% increase to MYR22.4 billion, supported by growth from all OpCos except Link Net and Dialog. EBIT: MYR3.7 billion, more than doubled year-on-year, with a 39.3% improvement compared to last year. Net Profit: MYR947 million, a significant turnaround from a loss last year. EBITDA Growth: 12.3% year-on-year increase. CapEx: Reduced to MYR4.1 billion from an initial guidance of MYR6.1 billion. Net Debt to EBITDA: Improved to 2.74x from 3.36x in the previous year. Dividend: Total of MYR0.10 per share for the year, supported by MYR1.5 billion dividends from operating companies. Cash Flow: Strong cash flows of MYR2.3 billion, driven by EBITDA growth and lower CapEx. Smart Profit: USD119 million profit, with strong ARPU growth in Cambodia. XL Performance: Best profit year with a 25.1% EBIT growth. Robi EBIT Growth: 23.4% increase due to operational excellence. EDOTCO Profit: Strong profit growth with maiden dividend declared. Adjusted OFCF: Increased by more than 100% year-on-year to MYR2.3 billion. Debt Reduction: MYR1.7 billion reduction in borrowings, with a focus on reducing exposure to interest rate and forex volatility. Warning! GuruFocus has detected 8 Warning Signs with XKLS:6888. Release Date: February 26, 2025 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Axiata Group Bhd (XKLS:6888) successfully executed the merger of Airtel with Dialog in Sri Lanka, ahead of schedule, with network integration largely completed. The company reported strong profit growth across several operating companies, including Smart, XL, and Robi, with profits growing sevenfold since 2022. Operational excellence led to a 4% increase in EBIT margin, driven by effective cost management and waste reduction. CapEx was optimized, resulting in a significant reduction from MYR6.1 billion to MYR4.1 billion, contributing to a 39.3% improvement in EBIT. Axiata Group Bhd (XKLS:6888) reduced its net debt to EBITDA ratio to 2.74x, ahead of its 2026 target, and declared a total dividend of MYR0.10 for the year. Revenue growth was a challenge, particularly in Indonesia and Bangladesh, due to sluggish economic conditions and political instability. Link Net struggled with restructuring and slower growth in the ServCo side, impacting its performance. EDOTCO faced a 12% revenue drop in Malaysia due to the timing of Jendela revenue recognition. The company experienced ForEx losses, particularly impacting EDOTCO's PATAMI level in the fourth quarter. The competitive landscape in Malaysia and Indonesia remains intense, with no immediate signs of market repair in Malaysia. Q: Does the FY25 guidance incorporate the second-half merger happening in Indonesia? A: No, it does not. The guidance is based on business-as-usual, and any completion of the transaction will lead to a restatement of the guidance. - Vivek Sood, Group CEO Q: What drove Robi's profits up by 59% quarter-on-quarter in the fourth quarter despite lower EBITDA and EBIT? A: The realized losses on ForEx were higher in Q3, but we saw a gain due to debt reduction efforts and better cash flows, along with some tax benefits. - Vivek Sood, Group CEO Q: What was the driver for Dialog's improved profits on a quarter-on-quarter basis? A: The key improvements came from price hardening, market repair actions, and synergies from the Airtel merger, along with ongoing cost rationalization initiatives. - Supun Weerasinghe, Group Chief Executive of Dialog Axiata PLC Q: Why did EDOTCO Malaysia's revenue drop 12% on a QonQ basis in the fourth quarter of 2024? A: The drop was due to the recognition of Jendela revenue milestones, which were significantly recognized in the previous quarter. - Mohamed Adlan Ahmad Tajudin, CEO of edotco Group Sdn Bhd Q: Can you elaborate on the competitive landscape for 2025 in Malaysia and Indonesia? A: In Indonesia, market sanity is expected to return with ARPU development. In Malaysia, competition remains intense, especially on the prepaid side, with no major changes in market pricing expected soon. - Vivek Sood, Group CEO For the complete transcript of the earnings call, please refer to the full earnings call transcript. This article first appeared on GuruFocus. Sign in to access your portfolio
