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EDOTCO WINS FIRST-EVER “ASIA PACIFIC TELECOMS TOWER COMPANY OF THE YEAR”AWARD BY FROST & SULLIVAN

Press Release Oct 05, 2017
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Edotco Group (“edotco”), a leading integrated telecommunications infrastructure services provider,  is pleased to announce that it was presented the “2017 Asia Pacific Telecoms Tower Company of the Year Award” by Frost & Sullivan. This marks the first time a company has been recognised in this category on the Asia Pacific level, and  comes on the back of edotco’s win of the “2016 Southeast Asia Telecoms Tower Company of the Year Award” last year.

The award was  presented at the  annual Frost & Sullivan  Asia Pacific Best Practices Awards ceremony held at the Shangri-La Hotel, Singapore, yesterday evening. The Awards recognise best-in-class companies that excel  in their respective business segments, as well as their efforts to develop the industry in 2016.

Frost & Sullivan’s team of analysts undertake a thorough methodology in its evaluation of excellence, and  the award categories offered each year are carefully reviewed and  evaluated to reflect  the current market landscape, including new emerging trends. Short-listed companies were evaluated on a variety  of actual market performance indicators which include revenue growth; market share and  growth in market share; leadership in product innovation; marketing strategy and  business development strategy.

Suresh Sidhu, CEO of edotco Group, said: “We are honoured to receive this award from Frost & Sullivan, and  are delighted to be the first company recognised in this category on the Asia Pacific level. In 2016, we were able  to strengthen our geographical presence across the region, introduce innovative and  sustainable engineering concepts, and  also concluded our maiden private placement exercise, which saw the introduction of quality  and  long-term investors.

“This award is testament to the team’s efforts to deliver on our aspiration of enabling connectivity with the provision of world-class telecoms infrastructure services and  solutions. I would  like to dedicate this award to the team at edotco, as well as our investors and  customers who believe in the value  of our offerings.”

Frost & Sullivan’s Vice President of Digital Transformation Asia Pacific, Ajay Sundar said, “Tower infrastructure is a key pillar of the  telecoms industry, and  edotco has been able  to demonstrate real leadership especially in areas of sustainability and  innovation. edotco’s deployment of the first carbon fibre tower in Asia and construction of the first bamboo tower in the world showcase the innovative and  pioneering spirit within the organisation.”

“We are  pleased to be  able  to recognise edotco’s achievements on  the  Asia Pacific  level and look forward  to its continued growth and  contribution to the  industry,” Sundar concluded.

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