₧12.1-B deal: PLDT agrees to sell telco towers to KKR-backed Frontier
PLDT Inc. agreed to sell a portfolio of telecommunications towers to a firm backed by KKR & Co. for over P12.1 billion, as part of a program to divest digital infrastructure assets. Smart Communications Inc. and Digitel Mobile Phils. Inc., two subsidiaries of the Philippines-based telecom and digital services provider,…