Telco tower purchases now at 1,100, says Unity

By The Manila Times

Dec 25, 2023 12:16 am

UNITY Digital Infrastructure Inc. of the Aboitiz Group has acquired a total of 1,100 tower sites after recently closing 250 and 79 tower sites from PLDT Inc. unit Smart Communications Inc. (Smart-PLDT) and Globe Telecom Inc., respectively.

Smart-PLDT has transferred 75 percent of 650 sale-and-leaseback tower sites to Unity since getting clearance from the Philippine Competition Commission in April 2023, Aboitiz InfraCapital, the infrastructure arm of the Aboitiz Group, said over the weekend.

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

SM Prime reformats residential business

GT Capital nine-month income dips to P21.7B

JG Summit to inject P17B into olefins unit

Banking propels SMIC 9-mo income to P60.9B

Ayala Jan-Sept net rises 19% to P36.7B

PLDT Jan-Sept net edges up to P28.1B

San Miguel income lifted by strong sales