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
27 March 2026

Are climate funds a good fit for DFIs?

DFIs are increasingly turning to funds to deploy their capital, with the product increasingly rivalling project finance structures. But the benefits in scale and risk...

Perspective
31 March 2026

Has SkyNRG removed doubts about SAF’s future?

The financing for SkyNRG’s DSL-01 SAF plant represents a bold bet on the fuel by its offtaker KLM. Until the industry can silence doubts about costs and policy support,...