Philippines tower deals defied last year’s M&A slump in APAC
The Philippines registered the APAC region’s largest wireless M&A deal value in 2022 – $3.1b across just four transactions, says S&P Global Market Intelligence. Read more…
The Philippines registered the APAC region’s largest wireless M&A deal value in 2022 – $3.1b across just four transactions, says S&P Global Market Intelligence. Read more…
New Zealand operator 2degrees has announced the pending sale of its passive mobile tower assets to Connexa for $693.4 million. Read more…
Australia’s TPG Telecom will sell its passive mobile tower and rooftop infrastructure to OMERS for $671m to help repay existing bank debt. Read more…
PLDT’s Smart and Digitel agree to sell over 5,900 telecom towers and related passive telco infrastructure to ISOC edotco and Comworks. Read more…
India reportedly plans to create a robust 5G infrastructure, and will add up to 800,000 new mobile towers over the next two years. Read more…
Indonesian mobile network operator XL Axiata, a 66.5%-owned subsidiary of Malaysia-based Axiata Group, has divested tower assets worth USD296 million. Read more…
Edotco Myanmar has signed a deal with Ooredoo Myanmar to take over energy assets and management on 1,250 telecoms tower sites across the country. The agreement – under which edotco Myanmar will provide and manage Read more…
BARCELONA (Reuters) – Bharti Airtel is exploring merger and sale options for its mobile towers businesses as Chairman Sunil Bharti Mittal seeks to get out of the infrastructure game and focus on connectivity. Airtel, the Read more…
Globe Telecom announced it has initiated discussions with independent third parties for the establishment of a tower company to help speed up the build and deployment of cellular towers in the Philippines. Globe is looking Read more…
Axiata Group subsidiary edotco has landed a deal to acquire approximately 13,000 towers in Pakistan from Pakistan Mobile Communications Limited (PMCL) for $940 million in partnership with local investment conglomerate Dawood Hercules Corp (DH Corp). Read more…
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