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PLDT Inc. scored a higher valuation for its towers with two tower companies (towercos) agreeing to pay a total of P77 billion to acquire almost 6,000 of the telco’s existing towers and passive infrastructure. From pegging the valuation of its tower assets at “north of P50 billion” PLDT was able…
Integrated telco PLDT Inc. has generated P77 billion in a landmark sale and leaseback deal with two international telecom tower operators.
Citing next generation telecommunications business opportunities as a driver, Straits CommNet Solutions has entered into a memorandum of understanding (MoU) with Malaysian telecommunications infrastructure company Edgepoint Towers.
KUALA LUMPUR: Straits Energy Resources Bhd’s 70% indirect subsidiary Straits CommNet Solutions Sdn Bhd has entered into a memorandum of understanding (MoU) with Edgepoint Towers Sdn Bhd.