News
12 August 2022

Globe Telecom raises funds through tower sale

In:
Telecoms and Communications
Region:
Asia-Pacific

Globe Telecom has announced the sale of 7,000 towers and other passive infrastructure for a total of PHP71 billion ($1.2 billion). A quarter of the proceeds are earmarked for debt payments while the rest will be used for capital expenditures.The first part of the sale will be executed with MIESCOR...

Exclusive subscriber content…

If you are a Proximo subscriber, please login to continue reading

Login

Not yet a subscriber? Join us today to continue accessing content without any restrictions

View our subscription options

Or to request access to Proximo Intelligence contact us

Request Access

You might also like


Perspective
31 July 2025

Climate risk clouds infrastructure development

Infrastructure assets are increasingly under threat from extreme weather events linked to climate change. Adaptation strategies are urgently needed to shield projects from...

Perspective
08 August 2025

Are infrastructure lenders AI’s bridge lenders or bag...

Should the project finance market be flattered or relieved if it is not seen as central to the AI data centre boom?