Kuala Lumpur, 25 May 2021 – EdgePoint Holdco Pte Ltd (EdgePoint) today announced its acquisition of Asiaspace Sdn Bhd, which has subsequently been renamed EdgePoint Towers Sdn Bhd. With this acquisition of 178 telecoms towers, EdgePoint Towers Sdn Bhd will be EdgePoint’s new operating entity in Malaysia, servicing the telecommunications infrastructure needs of mobile network operators across the country.
“Asiaspace is known as a trailblazer in the telecommunications infrastructure industry and we are pleased to further build on this foundation through the acquisition. With these towers in Malaysia, coupled with our growth in Indonesia, we have further strengthened our ability to access opportunities and enhance our foothold in ASEAN. As we continue to fulfil our commitment to provide future-ready infrastructure to businesses across the region, we look forward to working with industry stakeholders here in Malaysia to deliver on the nation’s connectivity aspirations,” said Suresh Sidhu, CEO of EdgePoint.
Meanwhile, Datuk Abdul Ghani Abdullah, the founder of Asiaspace Sdn Bhd, said: “We are happy to see the legacy of Asiaspace’s work in Malaysia becoming part of EdgePoint’s dynamic vision for the future of telecommunications infrastructure. We were one of the early players in this sector – being the first company in Malaysia to provide a common sharing service for telecommunications infrastructure, laying the groundwork for a connected nation and bearing witness to the ever expanding necessity of telecommunications infrastructure in an increasingly digitised world. We wish EdgePoint much success as they continue to advance connectivity in Malaysia and in ASEAN.”
Datuk Ghani will continue to be involved in the industry via a separate entity, Asiaspace Broadband.
EdgePoint is a telecommunications infrastructure company that aspires to power Digital ASEAN via Next Generation Infrastructure. With investments in Malaysia and Indonesia, EdgePoint is focused on building and leasing sharable and modern telecom structures as well as providing solutions such as small cells and in-building systems. EdgePoint aims to provide industry leadership through scale and innovation, driving operational efficiencies through the adoption of analytics and digital technologies. The company is backed by Digital Colony, a leading global investment firm dedicated to digital infrastructure with a heritage of over 25 years investing in and operating businesses across the digital ecosystem including towers, data centres, fibre and small cells. The Digital Colony team manages a US$32 billion portfolio of digital infrastructure assets on behalf of its shareholders and limited partners.