Axiata subsidiary edotco buys Touch Mindscape towerco for $400m

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Today, edotco, a 63%-owned subsidiary of Axiata Group, has announced that it will purchase rival Malaysian tower operator Touch Mindscape for around $400 million.  Touch Mindscape’s primary assets include 923 telecommunication towers and optical fiber network including backbone trunks and last mile connections, many of which are located in strategically important areas throughout Malaysia…

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