Globe nets P40 billion from sale of towers
Ayala-led Globe Telecom Inc. has received P40.5 billion in proceeds from its tower sale after turning over multiple assets in Visayas and Mindanao to PhilTower Consortium Inc.
Source: philstar.com
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BOI extends support to P50 billion telco project
The Board of Investments is assisting in the processing of permits of a P50 billion telecommunications infrastructure project as it is seen to offer wider connectivity and greater access to digital service to Filipinos.
Source: philstar.com
Globe, PhilTower close first tranche of tower sale deal
Globe Telecom Inc. said on Monday it has closed the first tranche of its tower sale transaction with PhilTower Consortium Inc., raising P8.6 billion for the transfer of 578 towers out of a total of 1,350 towers. The tower assets are in Visayas and Mindanao. They are composed of 92…
Source: businessmirror.com.ph
PhilTower rolls out 200 cell site towers
Phil-Tower Consortium Inc., one of the country’s leading digital shared infrastructure providers, has completed its 200th site, one of the fastest tower rollouts in the country.
Source: philstar.com
Macquarie Capital invests in Phil-Tower Consortium, Inc.
Macquarie Capital, the advisory, capital markets, and principal investment arm of Macquarie Group, announced the financial close of its investment in Phil-Tower Consortium Inc. (PhilTower), one of the fastest-growing independent tower companies in the Philippines.
Source: mb.com.ph