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 [Operators](https://developingtelecoms.com/telecom-business/operator-news.html)## PLDT reportedly lining up more towers for sale

 

 

   Details    Manny Pham    Category: [Operators](https://developingtelecoms.com/telecom-business/operator-news.html)     18 October 2022     6569 views   

 

  ![PLDT reportedly lining up more towers for sale](https://developingtelecoms.com/images/stories/Places/800x600/Philippines-Cebu_City_600.jpg)  

 

Hot on the heels of rival Globe Telecom, Philippines-based operator PLDT is reportedly considering a sale of 2,000 towers for US$300m according to sources speaking to Bloomberg.

The news agency reported the operator is discussing the sale with banks. The deal would be a leaseback buy as has been PLDT’s previous string of deals. To date, the company has sold off half of its towers raising around PHP77 billion (US$1.3 billion).

PLDT said it [transferred the majority of towers to edotco and EdgePoint Infrastructure](https://developingtelecoms.com/telecom-business/operator-news/13368-pldt-raises-us-1-5-billion-in-tower-sale.html), a deal that covered 5,907 towers for around PHP77 billion.

Globe Telecom revealed last week the [transfer of 701 towers to Miescor Infrastructure Development](https://developingtelecoms.com/telecom-business/operator-news/14088-globe-telecom-sheds-701-towers-to-miescor.html), the first batch out of 2,180 towers between the companies.

 

 

   
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