The ADB noted that smartphone usage in the Philippines is among the most widespread in Southeast Asia, but the country has limited tower coverage — with only 240 towers per million population.
Phil-Tower Consortium Inc (PhilTower) and Miescor Infrastructure Development Corporation (MIDC) have announced their intention to form and invest in a Joint Venture company (JVCo) that will wholly own PhilTower and MIDC to meet the growing demand for 4G and 5G mobile network infrastructure across the Philippines.
With this acquisition, Unity Digital Infrastructure is poised to have over 1,000 active macro towers and around 500 poles for small cells in key cities nationwide.
Globe announced on Tuesday, Sept. 27, that it has completed the first closing with 800 towers out of the 3,529 towers to be acquired by common tower operator Frontier Towers for a cash consideration of P10 billion.
Common tower provider Phil-Tower Consortium has announced the completion of their 200th cell site, a major milestone for the industry as the last 100 sites were completed in just over a month.
Department of Information and Communications Technology (DICT) acting secretary Manny Caintic said his agency will review existing protocols to address the concern of Independent Tower Companies (ITCs) that permits are still not being issued fast enough by government instrumentalities.
During a trade mission to Washington DC, Department of Trade and Industry (DTI) secretary Ramon Lopez secured the commitment of US firms Black and Veatch and SBA Communications to build hyperscale data centers and common towers in the Philippines.
PLDT announced on Monday, April 19, that its subsidiaries Smart Communications and Digitel Mobile Philippines have signed agreements for the sale of 5,907 telecom towers and related infrastructure for P77 billion.
