Globe: Total tower sale deals worth nearly P100B

By The Manila Times

May 23, 2023 12:25 am

GLOBE Telecom Inc. on Monday said that it had exceeded its target to offload 7,000 telecommunications towers with the signing of sale and leaseback deals worth nearly P100 billion.

A P5.4-billion transaction earlier this month with Unity Digital Infrastructure for 447 towers pushed total tower sales to over 7,500, the firm said in a statement.

Already have an active account? Log in here to continue reading.
Or
Subscribe to the Premium Subscription plan to access this subscriber-exclusive article.

Related Articles

Donut stop me now

US to hit new debt limit mid-January

China to investigate beef imports

OpenAI outlines plans to be for-profit

Osamu Suzuki, longtime chair of Suzuki, 94

Ending the year strong and proud

2024 inflation seen hitting target at 3.2%