DICT halts search for towercoshome/Business/Top Business/DICT halts search for towercosWhile the tower sharing business continues to attract investors, the Department of Information and Communications Technology (DICT) said on Thursday it may stop entertaining tower companies (towercos) in the meantime. We really have no data on how many the industry can accommodate,” he said following the signing in Quezon City. However, he also stressed the number of towercos serving the industry would be driven by market forces as the telecommunications firms would be the clients. Currently, the common tower initiative already has 15 potential towercos, including ISOC Infrastructures, Inc.; ISON ECP Tower Pte. Ltd.; IHS Holding Ltd. (IHS Towers); edotco Group Sdn Bhd; China Energy Equipment Co. Ltd.; RT Telecom Sdn Bhd.

Source: Manila Times March 14, 2019 16:30 UTC