PLDT to offload 6,000 towers to cut debt

Philippines telecoms operator PLDT is reported to have begun discussions with two companies, EdgePoint and Edotco, aiming to sell 3,000 mobile telecommunications towers to each buyer. In total, the two deals are valued at approximately $1.5 billion.EdgePoint, backed by Digital Bridge and the Abu Dhabi Investment Authority, will reportedly acquire 3…read more on TotalTele.com »