Insights 
INVESTMENT STRATEGY
THE BASICS
Downloads
DOWNLOAD
DOWNLOAD
DOWNLOAD
View all Reports
Economic Updates
Quarterly Economic Growth Release: 5.4% Q12025
DOWNLOAD
Economic Updates
Policy rate views: Uncertainty stalls cuts
DOWNLOAD
Economic Updates
Inflation Update: BSP poised for a string of rate cuts as inflation cools
DOWNLOAD
Follow us on our platforms.
TOP SEARCHES
Economy
1 MIN READ
BRIEF-Axiata Group Announces Deal To Buy 2,973 Telecom Towers And Related Assets In Philippines
April 20, 2022
By Reuters
By Reuters
April 20 (Reuters) – Axiata Group Bhd AXIA.KL:
-
ISOC EDOTCO TOWERS, INC ENTERED A SALE AND PURCHASE AGREEMENT WITH SMART COMMUNICATIONS & DIGITEL MOBILE PHILIPPINES
-
DEAL FOR ACQUISITION OF 2,973 TELECOM TOWERS AND RELATED ASSETS IN PHILIPPINES
-
TOTAL PURCHASE CONSIDERATION OF 42,000 MILLION PESOS FOR ACQUISITION OF 2,973 TELECOM TOWERS AND RELATED ASSETS IN PHILIPPINES
-
TRANSACTION WILL BE FUNDED THROUGH COMBINATION OF BOTH INTERNALLY GENERATED FUNDS & EXTERNAL FUNDING
-
PROPOSED ACQUISITION OF PLDT TOWER ASSETS IS EXPECTED TO BE COMPLETED BY 31 DEC 2022
Source text for Eikon: ID:nKLS9sdvZR
Further company coverage: AXIA.KL
This article originally appeared on reuters.com