Davis Polk is advising Digicel Group Limited on the sale of its controlling 75% stake in Digicel Asian Holdings Pte. Limited, the indirect parent of its Myanmar tower operations, to edotco Group Sdn Bhd, a subsidiary of the Axiata group. The transaction is subject to customary closing conditions and receipt of relevant regulatory approvals.

Digicel Group is a leading provider of wireless communications services in the Caribbean, Central America and Oceania regions, operating in 33 local markets. Established by Axiata in 2012, edotco Group manages 14,000 towers in countries like Malaysia, Bangladesh, Cambodia, Sri Lanka and Pakistan.

The Davis Polk corporate team includes partner Joseph Rinaldi and associates Daniel Brass and Zain Ur Rehman. Partner Michael Mollerus and associate Catherine L. Chu are providing tax advice. Partner Jeffrey P. Crandall and counsel John T. Wright are providing executive compensation advice. Counsel Stephen M. Pepper is providing antitrust advice. Counsel Susan D. Kennedy and associate Josh Steinman are providing real estate advice. All members of the Davis Polk team are based in the New York office.

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