|
End-of-day quote
Other stock markets
|
5-day change | 1st Jan Change | ||
| 1,730 PHP | -0.97% |
|
+0.46% | +0.58% |
MANILA (Reuters) - Philippines' Globe Telecom Inc said on Tuesday it has signed a deal to sell more than a thousand telecoms towers for 20 billion pesos ($340 million) to fund expansion and pay off maturing debts.
In a disclosure, Globe said it will sell 1,350 towers located in central and southern Philippines, and will lease them back from Phil-Tower Consortium. Globe has so far sold a total of 7,059 towers, raising 91 billion pesos as it unloads passive assets.
($1 = 58.82 Philippine pesos)
(Reporting by Neil Jerome Morales; Editing by Kanupriya Kapoor)
Price
|
Change
|
5d. change
|
Capi.
| ||
|---|---|---|---|---|---|
| 8,098 PTS | +1.02% | +1.00% | - | ||
| 1,730 PHP | -0.97% | +0.46% | 4.32B | ||
| 1st Jan change | Capi. | |
|---|---|---|
| +0.58% | 4.32B | |
| +1.63% | 195B | |
| -0.51% | 119B | |
| +23.66% | 71.66B | |
| -2.36% | 58.24B | |
| +24.90% | 23.61B | |
| +1.31% | 23.35B | |
| +9.61% | 15.94B | |
| -8.99% | 15.86B | |
| +3.96% | 9.51B |
GLOBE TELECOM, INC. 
