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.
‘People familiar with the matter’ told Bloomberg that Edgepoint (backed by DigitalBridge and Abu Dhabi Investment Authority) are in talks to buy 3000 towers in the greater Manila area, while Edotco are considering snapping up another 3000 towers outside of Manilla.
Apparently the deals, which could valued at around $1.5 billion, m
Read more »