Globe sells telco towers for P5 4B - BusinessWorld Online bworldonline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bworldonline.com Daily Mail and Mail on Sunday newspapers.
Globe Telecom signed a sale and leaseback agreement with Unity Digital Infrastructure (UDI) for 447 towers, raising PHP5.4 billion (US$96.8 million) for debt and capex payments, and UDI committed to constructing more towers.
Unity Digital Infrastructure Inc. (Unity), a joint venture between Aboitiz InfraCapital, Inc. (AIC) and Partners Group, a leading global private markets firm,