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Globe Telecom Inc. said Tuesday it sold a total of 282 towers to Unity Digital Infrastructure , a partnership between Aboitiz InfraCapital and Partners Group, for P3.4 billion.
Globe said that on May 7, 2023, it signed a sale and leaseback agreement with Unity Digital for the sale of 447 towers amounting to about P5.4 billion. It said it expects to recognize an estimated pre-tax net transaction gain of P1.8 billion from the transaction.Globe last week offloaded 154 towers to MIESCOR Infrastructure Development Corp. for P1.85 billion. The transaction brought to 1,348 towers already acquired by MIDC amounting to P14.23 billion.
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