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SC, UnionBank Sign MOA on Judiciary ePayment Solution

SC, UnionBank Sign MOA on Judiciary ePayment Solution
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Aboitiz Group set to spend P48B this year

Aboitiz Group set to spend P48B this year
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Aboitiz InfraCapital hikes 2021 capex by 250%

Published March 12, 2021, 2:03 PM
Aboitiz InfraCapital, Inc. has increased its 2021 capital expenditures (capex) by 250 per cent to P13 billion, with P2.5 billion alloted for common towers.
“COVID-19 may have affected our short-term plans, but we remain committed to our businesses, and to the same growth pathway and trajectory,” said Aboitiz Group President and CEO Sabin Aboitiz.
“We are here for the long haul and we will continue to take bold and deliberate steps to achieve our growth objectives,” he added.
Supporting government’s thrust to improve digital connectivity in the Philippines, the company earmarked P2.5 billion specifically to deploy mobile network operators’ (MNOs) small cells into its pole network and to construct macro towers. ....

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Aboitiz InfraCapital allots ₱13B for 2021, targets involvement in PH tower-sharing market

endIndex:
Metro Manila (CNN Philippines, March 12) – Aboitiz InfraCapital, Inc. is boosting its spending this year to ₱13 billion, with almost a quarter earmarked for its common tower business.
In a statement on Friday, Aboitiz Group s infrastructure arm said capital expenditures for 2021 are 250% higher than the ₱3.7 billion it coughed up last year.
COVID-19 may have affected our short-term plans, but we remain committed to our businesses, and to the same growth pathway and trajectory, Aboitiz Group President and CEO Sabin Aboitiz was quoted as saying in the statement.
As the government continues to put pressure on telco players to improve their services amid the COVID-19 pandemic, Aboitiz InfraCapital sees this as an opportunity to join incumbents network buildup. ....

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Aboitiz InfraCapital sets P13B capital expenditures for 2021

Aboitiz InfraCapital sets P13B capital expenditures for 2021
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