Tag: 1,148
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PhilTower closes acquisition of 1,148 towers from Globe, progresses towards full purchase
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GLOBE Telecom, Inc. said it is close to finalizing its tower sales to Phil-Tower Consortium, Inc. (PhilTower) after selling another 48 towers for P710 million. This brings PhilTower’s total acquisitions to 1,148 towers, or 85% of the planned 1,350 towers, Globe said in a statement on Monday. Globe said proceeds…