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Singapore - June 24, 2014 – Tarantula, a global leader in delivering smart tower management software products, announced today that Irrawaddy Green Towers has selected Tarantula’s Red Square Enterprise to manage the rollout and ongoing lease management for their tower portfolio in Myanmar.

Red Square Enterprise has been specially designed to offer configurable tools for smart and efficient tower management. The foundation of Red Square Enterprise is its proprietary framework, which is built on processes, data-forms, milestones, and reporting capability. This framework allows complete configuration of all business objects and has been built using the latest generation of open web technology. It supports cross-browser compatibility and flexibility to access the platform from multiple mobile devices.

Udhay Mathialagan, CEO of Tarantula said, “Our focus has always been on delivering configurable product solutions that help our customers achieve maximum impact in the market rapidly. Our product portfolio has evolved through our direct experience from implementing our solutions for tower operators in more than ten countries. This product is highly relevant to the Myanmar market where the industry is targeting an ambitious build-out of national infrastructure in a very short space of time.”

John Stevens, CEO of Irrawaddy Green Towers said, “We are excited to partner with Tarantula and utilise the functions of Red Square Enterprise for our portfolio management. In a developing country such as Myanmar, data-driven infrastructure management and maintaining tight supplier visibility across the large geographic area is critical. We are confident that Red Square Enterprise will provide the core functions required to address our site management requirements.”

About Tarantula

Tarantula is a world leader in telecom site management software and a trusted partner of leading telecom infrastructure operators and telecommunication carriers in the UK, Europe, India, Africa, North America and New Zealand. Through its specialised site management platform, Tarantula is a fundamental pillar of support behind the management of more than 350,000 mobile towers worldwide in 13 countries and assets worth US$25 billion across the globe.

For more information, please visit www.tarantula.net.

About Irrawaddy Green Towers

Irrawaddy Green Towers is one of the leading tower operators established in Myanmar. The company has a keen focus on establishing a nation-wide portfolio of telecom towers that can be shared by multiple operators to optimize infrastructure costs. It is led by a management team with strong experience in tower infrastructure deployment and management and financed by Alcazar Capital.

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