Globe Telecom Inc. said Wednesday it is building 900 cell sites across the country through partnerships with tower companies.
Globe chief finance officer and chief risk officer Rizza Maniego-Eala said that the company’s partnerships with Aboitiz InfraCapital Inc., ISOC-edotco, Transcend Towers Infrastructure (Philippines), CREI Philippines (CREI) and Frontier Towers & Associates had advanced to active acquisition and build phases.
“The partnerships with towercos will greatly complement the company’s target in expanding its capacity and coverage throughout the country. These projects will be a catalyst for change in the industry as telcos are empowered to deploy beyond their individual capabilities in a cost-efficient manner,” Maniego-Eala said.
Globe finalized a pole lease agreement with AIC, a subsidiary of the Aboitiz Group, which would increase its footprint by about 200 sites in Cebu, Davao and Subic.