In a statement, BPI said this tower sale "represents the largest cross-border acquisition in the technology, media and telecommunications space in
CIC was awarded 2,934 towers in Luzon, while ISOC edotco with 2,973 tower assets in Luzon, Visayas and Mindanao, according to BPI.
According to the edotco Group, this financing will allow the group to "future-proof" the country's digital economy infrastructure. This move underscores the government's efforts to improve connectivity in the country by co-locating facilities especially in the underserved and unserved areas.
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