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edotco Sri Lanka inked an agreement with BOI committing 400 more Multipurpose Smart Street Lamp pole sites

Wednesday, 08 December 2021 05:33

edotco Sri Lanka inked an agreement with BOI committing 400 more Multipurpose Smart Street Lamp pole sites

Businesscafe - edotco Services Lanka (Private) Limited (edotco) signed an agreement with Board of Investment Sri Lanka (BOI) recently to include a further 400 Multipurpose Smart Street Lamp pole locations, to its investment portfolio.

edotco Sri Lanka is a fully owned subsidiary of the world 7th largest telecommunication tower infrastructure company, edotco Group Sdn Bhd, based out of Malaysia.


edotco was granted BOI Section 17 status in 2015.


Aligned with its Group’s purpose of helping nations to advance its digital infrastructure in all the countries it operates, edotco has pledged an investment commitment of USD 55 million in 2019.


Today, edotco has built close to 500 streetlamp poles and invested close to USD 15 million in tower infrastructure since it entered the Sri Lankan market.


The additional commitment of 400 smart streetlamp poles will help Mobile Network Operators and other technology services providers to enhance their network capacity and coverage to meet the emerging demand of increased data usage by the end customers.


The innovative and sustainable smart pole solution will reduce data congestion, provide positive customer experience and contribute to the nation’s digital ambition by addressing the digital infrastructure readiness for future advanced technology.


The Country Managing Director of edotco, Mr Gayan Koralage, said:


“We are committed and are relentless in our pursuit to help the country rollout its national digital infrastructure agendas to connect the unconnected and under-connected citizens.


The post-pandemic data boom has forced citizens to do more remotely on digital platforms which rely heavily on mobile internet availability, stability, and speed.


We are committed to helping the Government enable digital connectivity by delivering next-gen engineering solutions.”

 

Chairman of BOI - Mr. Sanjaya Mohottala along with Acting Country Managing Director for Sri Lanka and Director of Group Strategy of edotco - Mr. Gayan Koralage, Director Finance edotco Sri Lanka - Ms. Chamika Ranasinghe and other officials from edotco and BOI are seen signing the agreement at BOI head office.

Last modified on Wednesday, 08 December 2021 06:17