MANILA -Globe Telecom Inc. was able to raise P348 million more from the turnover of additional tower assets to a buyer, which the telco said would be used to fund capital expenditures (capex). In a disclosure on Friday, the Ayala-led company said it transferred 29 towers to Miescor Infrastructure Development Corp. (MIDC), a subsidiary of Manila Electric Co. It has already turned over 1,149 out of 2,180 towers bought by MIDC. 'There will be multiple closing dates which will happen as and when closing conditions are met.
https://business.inquirer.net/423816/globe-secures-p348m-more-from-tower-sales#inquirer
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