By Yantoultra Ngui

SINGAPORE, Jan 20 (Reuters) - Southeast Asian cell tower

firm EdgePoint Infrastructure is looking to expand its portfolio

to over 20,000 towers in two to three years from around 15,000

currently, its chief executive told Reuters.

CEO and co-founder Suresh Sidhu said on Monday that the

company, which is backed by U.S.-listed DigitalBridge ( DBRG/PJ ),

would expand in Indonesia, Malaysia and the Philippines, markets

where it already has a presence.

The company is also open to opportunities in new markets

such as Thailand and Vietnam via acquisitions, he added.

"They're large countries, lots of population, very similar

dynamics to Malaysia, Indonesia, Philippines, young populations,

fast growth in data, tech, that sort of sector as well," he

said, referring to Thailand and Vietnam.

Helping drive demand for digital network infrastructure is

expansion of 5G services and data consumption in Southeast Asia.

The Asian Development Bank has projected the region's economy

will grow by 4.7% this year, with Vietnam and the Philippines

expanding by 6.6% and 6.2%, respectively.

Founded in 2020, EdgePoint has more than 15,600 towers in

Indonesia, Malaysia and the Philippines and more than 25,200

tenants, according to the company.

In addition to DigitalBridge ( DBRG/PJ ), EdgePoint is backed by the Abu

Dhabi Investment Authority and International Finance

Corporation.

Florida-based DigitalBridge ( DBRG/PJ ) managed $88 billion worth of

digital infrastructure assets globally as of end-September,

2024, its website showed.