
Top Malaysian Mobile Firm Considers Selling Edotco to Unlock Value
A prominent Malaysian telecommunications company, known for its robust presence in the mobile market, is reportedly looking for an advisor to facilitate the sale of its tower subsidiary, Edotco Group. This potential divestment signals a strategic move to streamline operations and focus on core business areas amidst increasing competition in the sector.
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Khazanah in Negotiations to Acquire INCJ's Stake in Edotco
In a significant development in the telecommunications sector, Malaysia's sovereign wealth fund, Khazanah Nasional Bhd, is reportedly in talks to acquire a stake in Edotco Group, a tower management company. This opportunity arises from the intention of Japan’s Innovation Network Corporation of Japan (INCJ) to divest its holdings in the firm.
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INCJ Revives Stake Sale in Telecom Tower Operator edotco
The Innovation Network Corporation of Japan (INCJ) is reportedly reigniting its efforts to sell its stake in the telecom tower operator edotco, a significant move that could reshape the landscape of telecommunications infrastructure in Asia. This decision aligns with INCJ's strategic objectives to maximize value from its investments as it seeks to focus more on its core ventures.
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