• 3,000 firms
  • Independent
  • Trusted
Save up to 70% on staff

News » PLDT sells 75% of its towers

PLDT sells 75% of its towers

PLDT sells 75% of its towers

Philippine telco giant PLDT Inc. announced 75 per cent sale and leaseback transaction of 4,435 towers out of 5,907 having been transferred to the tower companies.

PLDT also liquidated the related passive telecommunication infrastructure for P77 billion announced last April 19, 2022 with accumulated proceeds to utilized to pay debts, and support operating and capital expenditures.

“The transaction is timely as it allows PLDT to avoid additional debt against a backdrop of a rising interest rate environment,” the telecommunications company said to the media.

The company expects additional closings before the end of the year, with final closing anticipated to be completed by Q1 2023.

Read more here.

Start your
journey today

  • Independent
  • Free
  • Transparent

About OA

Outsource Accelerator is the trusted source of independent information, advisory and expert implementation of Business Process Outsourcing (BPO)

The #1 outsourcing authority

Outsource Accelerator offers the world’s leading aggregator marketplace for outsourcing. It specifically provides the conduit between Philippines outsourcing suppliers and the businesses – clients – across the globe.

The Outsource Accelerator website has over 5,000 articles, 350+ podcast episodes, and a comprehensive directory with 900+ BPO companies… all designed to make it easier for clients to learn about – and engage with – outsourcing.

About Derek Gallimore

Derek Gallimore has been in business for 20 years, outsourcing for over eight years, and has been living in Manila (the heart of global outsourcing) since 2014. Derek is the founder and CEO of Outsource Accelerator, and is regarded as a leading expert on all things outsourcing.

“Excellent service for outsourcing advice and expertise for my business.”

Learn more
Banner Image
Get 3 Free Quotes Verified Outsourcing Suppliers
3,000 firms.Just 2 minutes to complete.
SAVE UP TO
70% ON STAFF COSTS
Learn more

Connect with over 3,000 outsourcing services providers.

Banner Image

Transform your business with skilled offshore talent.

  • 3,000 firms
  • Simple
  • Transparent
Banner Image