Globe adds another US$340 million to towers stash
Globe Telecom has agreed to sell 1,350 towers to Phil-Tower Consortium for 20 billion pesos (almost US$340 million), its third towers deal in the past few months.
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Globe Telecom has agreed to sell 1,350 towers to Phil-Tower Consortium for 20 billion pesos (almost US$340 million), its third towers deal in the past few months.
Philippines-based operator Globe Telecom revealed it penned a deal to sell over a thousand telecom towers for PHP20 billion (US$340m) to Phil-Tower Consortium, continuing its strategy to fund expansion.
Globe has so far sold a total of 7,059 towers, raising 91 billion pesos as it unloads passive assets.
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