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Globe gets P5 billion from sale of towers

Telco-to-tech provider Globe Telecom Inc. raised almost P5 billion from the sale of towers in the first quarter, providing it with some of the capital needed to upgrade services and pay debts......»»

Category: financeSource:  philstarRelated NewsMar 26th, 2024

KKR investing $400 million for telco towers in Philippines

US-based global investment firm KKR is investing $400 million for the development of telco towers in the Philippines, according to the US Department of Commerce......»»

Category: financeSource:  philstarRelated NewsMar 13th, 2024

ADB lends P2.4 billion to iSON for buildup of telco towers

The Asian Development Bank is extending P2.4 billion in loans to iSON Tower Limited Inc. to bankroll the construction and operation of 800 shared telecommunication towers in the country......»»

Category: financeSource:  philstarRelated NewsMar 5th, 2024

Maharlika fund eyes JV for rural telco towers

The Maharlika Investment Corp.is in the process of tapping foreign partners for a joint venture in building telecommunication towers in rural areas in a bid to address the digital gap......»»

Category: financeSource:  philstarRelated NewsFeb 21st, 2024

Mandani Bay tops off 4 towers, total investments now stands P130B

Mandani Bay tops off 4 towers, total investments now stands P130B.....»»

Category: newsSource:  sunstarRelated NewsJan 18th, 2024

ADB, iSON ink deal to boost Philippines digital connectivity

MANILA, March 4 (Xinhua) -- The Asian Development Bank (ADB) said Monday that it has signed a 2.4 billion pesos (42.85 million U.S. dollars) loan with the telecom towers building and managing company iSON Tower Limited Inc. as part of a ADB-led co-financing package to enhance digital connectivity in the Philippines. The loan will support the construction, development, and operation of 800 shared telecommunicatio.....»»

Category: sportsSource:  abscbnRelated NewsMar 5th, 2024

ADB, iSON ink deal to boost Philippines digital connectivity

MANILA, March 4 (Xinhua) -- The Asian Development Bank (ADB) said Monday that it has signed a 2.4 billion pesos (42.85 million U.S. dollars) loan with the telecom towers building and managing company iSON Tower Limited Inc. as part of a ADB-led co-financing package to enhance digital connectivity in the Philippines. The loan will support the construction, development, and operation of 800 shared telecommunicatio.....»»

Category: sportsSource:  abscbnRelated NewsMar 4th, 2024

NOW Telecom loses Supreme Court case

NOW Telecom once sued the NTC over the fees it set in the bidding process, but the Supreme Court says the guidelines 'were proper' to ensure that companies were financially and technically capable.....»»

Category: newsSource:  rapplerRelated NewsMar 10th, 2024

DITO confirmed that it is scaling back capex in 2024

DITO CME confirmed a report in the Manila Times that its 2024 “capex guidance will be tempered a bit” from its 2023 capex spending of P27 billion......»»

Category: financeSource:  philstarRelated NewsJan 16th, 2024

Globe spending for cybersecurity reaches $90 million

Globe Telecom Inc. has invested around $90 million to improve its security measures, improving the capability of its digital defenses in fighting online fraud......»»

Category: financeSource:  philstarRelated NewsJan 31st, 2024

Cebu City to build ‘new Sambag Ville’

CEBU CITY, Philippines — “We will build a new Sambag Ville,” announced Cebu City Mayor Michael Rama on Monday, April 15. He said this announcement during his meeting with barangay officials of Sambag II, the Cebu City Disaster Risk Reduction and Management Office (CCDRRMO), and the National Housing Authority, in response to the recent fire.....»»

Category: newsSource:  inquirerRelated NewsApr 16th, 2024

NHA to build P72.7-M housing project in Zambo City

NHA to build P72.7-M housing project in Zambo City.....»»

Category: newsSource:  sunstarRelated NewsApr 15th, 2024

Cebu-based developer invests PHP430M to build 709 townhouse units in north Cebu town

CEBU CITY, Dec. 17 (PNA) — Cebu-based developer Primary Homes Inc. (PHI) is investing PHP430 million to build 709 townhouse units in its 5.4-hectare property in Poblacion, Compostela town in northern Cebu.........»»

Category: newsSource:  philippinestodaRelated NewsApr 13th, 2024

Build ‘turtle ships’ to resupply Ayungin

Our engineers must build “turtle ships.” Such ships would fend off Chinese ramming, laser gunning and water cannoning in our seas......»»

Category: newsSource:  philstarRelated NewsApr 5th, 2024

Dusit Thani, Sheraton to build hotels in Cagayan de Oro 

CAGAYAN DE ORO CITY (MindaNews / 24 March) — Two international hotel chains — Sheraton and Dusit Thani –  are set to build hotels in this city, the third in Mindanao for Dusit Thani and the first in Mindanao for Sheraton.  Dusit Thani operates two in the Davao region – Dusit Thani Residence Davao in Davao […].....»»

Category: sportsSource:  abscbnRelated NewsMar 26th, 2024

All residents in no-build zone prioritized for relocation

All residents in no-build zone prioritized for relocation.....»»

Category: newsSource:  sunstarRelated NewsMar 23rd, 2024

Lapu-Lapu City to build 5 residential buildings in Pusok

Lapu-Lapu City to build 5 residential buildings in Pusok.....»»

Category: newsSource:  sunstarRelated NewsMar 21st, 2024

DOTr needs P12.5 billion to build 200 ports

The Department of Transportation said it needs at least P12.5 billion to build 200 more ports under the Marcos administration, underscoring the need to improve connectivity in remote islands......»»

Category: financeSource:  philstarRelated NewsMar 20th, 2024

SMC scraps plans to build P100 billion Pasig River tollway

Diversified conglomerate San Miguel Corp. will no longer pursue its plan to build a toll road on the Pasig River, succumbing to pressure from opposition groups......»»

Category: financeSource:  philstarRelated NewsMar 18th, 2024

Capitol signs deal to build 150-MW solar farm

Capitol signs deal to build 150-MW solar farm.....»»

Category: newsSource:  sunstarRelated NewsMar 17th, 2024