LatAm firm inks MoU with DICT

A LATIN American (LatAm) firm is joining the growing pool of common tower providers that the government is committing to assist in regulatory compliance to operate in the country.

Desarrollos Terrestres (DT Towers) signed a memorandum of understanding (MoU) with the Department of Information and Communications Technology (DICT) on Wednesday to join 12 other tower firms that are keen on entering the common tower business in the country.

On its website, DT Towers said it has operations in Colombia, Peru, Central America and Argentina where it provides infrastructure needs to mobile companies and project developers.

Through the MoU, the DICT will provide the company with assistance in securing government requirements such as regulatory permits, on the condition that the firm must sign deals with mobile operators indicating an order for towers.

Aside from DT Towers, the other 12 firms that have already signed MoUs with the DICT are: 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.; Aboitiz InfraCapital, Inc.; MGS Construction, Inc.; Frontier Tower Associates Management Pte. Ltd.; the consortium of Global Networks, Inc. (GNI) and JTower, Inc.; American Tower Corp. (ATC); and J.S. Cruz Construction and Development, Inc.