MANILA Electric Co. (Meralco) on Wednesday said that affiliate Miescor Infrastructure Development Corp. (MIDC) was looking to form a joint venture with Phil-Tower Consortium Inc. (PhilTower).
"PhilTower and MIDC have announced their intention to form and invest in a JV that will wholly own PhilTower and MIDC to meet the growing demand for 4G and 5G mobile network infrastructure across the Philippines," Meralco said in a statement.
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