PLDT reportedly in talks to sell 6000 Philippines towers for $1.5 billion
Philippines telco PLDT has entered talks with Edgepoint and Edotco to sell 6000 towers in the Manilla area for a sum of $1.5 billion, according to reports.
Philippines telco PLDT has entered talks with Edgepoint and Edotco to sell 6000 towers in the Manilla area for a sum of $1.5 billion, according to reports.
A horde of big names has come together to build a high-capacity cable system that will connect Maruyama and Shima in Japan with Los Angeles in the USA and Daet in the Philippines.
Philippine Long Distance Telephone (PLDT) reached the milestone of 3mn broadband subscribers during the first quarter of this year, giving it almost 65 per cent of the country’s broadband market.
The incumbent operator in the Philippines has offered to give up some of its excess 3G spectrum, in an effort to clear the way for regulatory approval of the acquisition of a rival.
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