Unity Digital Infrastructure News Today

December 22, 2023, MANILA, PHILIPPINES – Unity Digital Infrastructure Inc. (“Unity”) enters 2024 with approximately 1,100 tower sites after recently closing

GLOBE Telecom Inc. said it had officially turned over the ownership of a total of 4,467 towers to four telecom tower companies, or towercos, over the past two years, successfully raising P57.4 billion as of December this year.

GLOBE Telecom Inc. on Friday said it had closed a P660-million deal with Unity Digital Infrastructure for the sale of an additional 55 telecom towers.

The Aboitiz Group has seen exceptional performance in the first half of 2023, showcasing its Great Transformation into the Philippines’ first techglomerate.

FINANCE Secretary Benjamin Diokno said over the weekend that the Fiscal Incentives Review Board (FIRB), which he chairs, had approved 25 projects with a total investment of P287.9 billion since the beginning of the Marcos administration.

The government extended incentives to 25 various projects nationwide with total investments of P287.947 billion during the first year of the Marcos Jr. administration. The projected amount of incentives or the foregone revenues by the state was at nearly P30 billion, according to the Department of Finance (DOF). Finance officials…

The Fiscal Incentives Review Board (FIRB) gave the green light for 25 projects— collectively worth more than a quarter of a trillion pesos—to enjoy tax incentives under the CREATE (Corporate Recovery and Tax Incentives for Enterprises) Act during the Marcos administration's first year in office, the Department of Finance said.

TELECOMMUNICATION companies in the Philippines have been actively doing their share in bridging the digital divide with their aggressive efforts to improve and further enhance their network quality, service reliability and overall customer service.

“We are pleased to be partners with the Aboitiz Group and Unity with whom we share the same vision of strengthening digital infrastructure in the Philippines.

GLOBE Telecoms Inc. has completed the first tranche of a sale-and-leaseback deal with Unity Digital Infrastructure, netting P1.4 billion in the process.