C114 News, August 29 (Hailong Zhang)Yesterday, the Chinese tower released a message, "the company and the Lao government, Crick Laos Market Consulting Co., Ltd. in Vientiane signed an agreement, will jointly contribute to the establishment of Southeast Asia Tower Limited Liability company, mainly engaged in Lao communications tower, base station room, power supply and other supporting facilities, as well as indoor distribution system, The construction, maintenance and operation of transmission systems.”

　　According to the agreement, Three shareholding rates were 70%, 15%, 15%, respectively, Southeast Asia Tower Co., Ltd. Chairman and general manager appointed by the China Tower. As a controlling shareholder, the Chinese tower will also dominate the operation and management of the joint venture.
       The tower of China said that Southeast Asia Tower Co., Ltd. is the first overseas investment project of it, which has received strong support from the Lao government. With the experience and capabilities of the Chinese tower in Technology, operation Management and industrial chain integration, the joint venture will dig deeper into the synergistic benefits of the two markets and enhance the level of the construction and operation of the Lao communications infrastructure.