Globe secures P39B so far from sale of towers

Globe Telecom Inc. has generated P39 billion so far from the transfer of its tower assets to buyers under its P91-billion sale and leaseback agreements, which it said would provide financial cushion in an inflation-hit economy. In a disclosure on Monday, the Ayala-led company announced that 42 percent or 2,988 out of the 7,059 sold … Continue reading Globe secures P39B so far from sale of towers