Globe secures P1.5 billion from tower sales
GLOBE Telecom, Inc. on Monday said it has completed the sale of its 100 towers to Phil-Tower Consortium, Inc. (PhilTower) for P1.5 billion. Overall, Globe has closed the sale of 1,100 towers, representing 80% of the 1,350 towers to be acquired by PhilTower, the company said in a regulatory filing. “The transaction will result in […]
Moderator - Tomas Kauer 
GLOBE Telecom, Inc. on Monday said it has completed the sale of its 100 towers to Phil-Tower Consortium, Inc. (PhilTower) for P1.5 billion. Overall, Globe has closed the sale of 1,100 towers, representing 80% of the 1,350 towers to be acquired by PhilTower, the company said in a regulatory filing. “The transaction will result in […]
