Globe sells 25 more telco towers to Unity

By Ed Paolo Salting

Oct 30, 2024 12:29 am

GLOBE Telecom Inc. (Globe) said Tuesday it had completed the sale of an additional 25 towers to Unity Digital Infrastructure for P300 million.

In a disclosure, the telco said the transaction was part of a sale and leaseback agreement with Unity where Globe agreed to sell 447 towers for a total of P5.40 billion.

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