Globe Telecom sells 5,709 towers for P71B

Globe Telecom has forged agreements to sell 5,709 of its towers to Miescor Infrastructure Development Corp. and Frontier Tower Associates Philippines for a combined P71 billion. The Ayala-led telecommunications company said on Friday that Frontier acquired 3,529 towers for P45 billion while Meralco unit Miescor got 2,180 towers for P26 billion. Globe added that it … Continue reading Globe Telecom sells 5,709 towers for P71B