Tag page - globe tower sale 2022

Globe Telecom Inc. on Monday, Dec. 19, disclosed it has received ₱1.9 billion for the second closing of 159 towers to be transferred to MIESCOR Infrastructure Development Corporation (MIDC). “This marks our last closing for year 2022 and as we prepare to complete the rest next year,”...

Globe Telecom Inc. disclosed today, Tuesday, Sept., that it has achieved the first closing with 800 towers out of the 3,529 towers to be acquired by Frontier Tower Associates Philippines Inc. (Frontier Towers) for a cash consideration of ₱10 billion. The deal was accomplished after just over a...

Globe Telecom Inc. today (Friday, August 12) diclosed it has obtained Board approval to sell over 7,000 towers, of which 66 percent are located in Luzon, 19 percent in Mindanao and 15 percent in Visayas. The telco already signed two sale and leaseback agreements for two portfolios consisting of...