EdgePoint Philippines Secures Over 400 New Tenancies, Accelerates National Connectivity Initiatives in the Philippines

Milestone demonstrates the effectiveness of the Common Tower Policy and underscores EdgePoint’s commitment to bolstering digital access nationwide.

by dotdailydose October 28, 2024, 9:16 PM 99 Views 143 Comments

William Walters, CEO, EdgePoint Philippines

EdgePoint Infrastructure (“EdgePoint”), a leading ASEAN-based independent telecommunications infrastructure company, through its subsidiary, EdgePoint Towers Inc. (“EdgePoint Philippines”), today announced that it has secured over 400 new tenancies in the Philippines, comprising a mix of new build sites and colocation tenancy arrangements across Luzon, Metro Manila and Visayas.

These new orders, expected to be completed over the coming months highlights EdgePoint’s expanding footprint as a leading player in the digital infrastructure market. This also affirms the success of the Philippines’ Common Tower Policy which facilitates the sharing of telecommunications infrastructure among service providers, significantly lowering the barriers to entry for new companies and promoting competition in the market. In addition, under the common tower policy, independent tower companies will develop shared telecommunications infrastructures to expand wireless network coverage and improve information and communication technology services across the country.

By enabling shared infrastructure, the Common Tower Policy ensures that even unserved and underserved areas gain access to essential telecommunications services[1]. Moreover, the policy streamlines the permitting process for new tower installations[2], allowing for faster deployment of infrastructure to meet the growing demand for mobile and internet services.

William Walters, Chief Executive Officer of EdgePoint Philippines. “The award of over 400 new tenancies marks a pivotal milestone for us as a growing towerco. We are witnessing an increasing demand for colocation tenancy sites, reflecting the Common Tower Policy coming to fruition and driving connectivity improvements. The 400 orders will serve as an expansion of the local infrastructure to deliver significant improvements in network connectivity for communities. We are confident it will enhance the country’s digital landscape and support the country’s digital transformation by enabling greater access to high-quality network services.”

As EdgePoint continues to build its portfolio, these 400 new tenancies will be instrumental in advancing the nation’s telecommunications infrastructure and solidifying EdgePoint’s position as a key player in the local telco landscape. In just two years since its inception, EdgePoint has emerged as the third-largest towerco in the Philippines, with 2800 sites in their portfolio.