Moody's: Tower buy gives Axiata's edotco first mover advanta

Moody's: Tower buy gives Axiata's edotco first mover advantage in the Philippines

KUALA LUMPUR (April 21): The recently announced tower acquisition by Axiata Group Bhd's 63%-owned tower company edotco an early mover advantage in the nascent and growing independent tower market in the Philippines, according to Moody's Investors Services as it affirmed the group's issuer Baa2 issuer rating, with outlook remaining stable.

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