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Aboitiz Group Buys 650 PLDT Towers
Aboitiz InfraCapital, Inc., together with Partners Group, a global private markets firm, has disclosed the execution of a sale and purchase agreement with PLDT for the acquisition of 650 telco towers.
Photo Insert: The transaction involves P9.2 billion for the telco towers of PLDT's subsidiaries that include related passive telecom infrastructure.
The transaction, which was made through their joint venture firm, Unity Digital Infrastructure, Inc., involves P9.2 billion for the telco towers of PLDT's subsidiaries that include related passive telecom infrastructure.
The said telco towers will also be leased back to the PLDT Group.
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