EdgePoint takes control of first batch of PLDT towers

1 Jun 2022

Singapore-based telecommunications infrastructure company EdgePoint Infrastructure announced today (1 June) that it has successfully completed the takeover of the first tranche of tower sites in the Philippines, totalling 1,512 sites via its subsidiary, Comworks Infratech Corporation (EdgePoint Philippines). The press release notes: ‘The official handover of the remaining 1,422 sites is expected to be completed by the end of 2022, fulfilling the Sale & Leaseback agreement between EdgePoint Philippines and subsidiaries of PLDT Inc., the Philippines’ largest integrated telecommunications company, signed in April this year for 2,934 towers in the Luzon Island group.’ PLDT’s mobile arm Smart Communications will be leasing towers from EdgePoint Philippines under the plan.

Philippines, EdgePoint Infrastructure, PLDT Inc. (incl. Smart Communications and Sun Cellular)