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Govt s 5G SPV a potential positive for edotco s Malaysia business, says Axiata

Govt’s 5G SPV a potential positive for edotco’s Malaysia business, says Axiata The Edge 25/2/2021 Ahmad Naqib Idris © Provided by The Edge KUALA LUMPUR (Feb 25): Axiata Group Bhd said the government’s approach to implement 5G technology via a special purpose vehicle (SPV) could be a potential positive for its 63%-owned infrastructure unit edotco Group Sdn Bhd. Axiata president and group CEO Datuk Izzaddin Idris said the SPV would likely need to utilise edotco’s towers, which would put the unit in a position to benefit from it. “I’d like to think that the SPV would need towers to put up the radio equipment and so on, so it could well be good for edotco potentially.

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