News Agency

  • Written by Media Outreach
SINGAPORE - Media OutReach - 1 June 2022 - EdgePoint Infrastructure (“EdgePoint”), a leading ASEAN-based independent telecommunications infrastructure company, has officially completed takeover of the first batch of its tower sites in the Philippines, comprising 1,512 sites via its subsidiary, Comworks Infratech Corporation (“EdgePoint Philippines”).

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 Inc.’s subsidiary, Smart, will be leasing the towers from EdgePoint Philippines to serve its mobile communications and high-speed internet connectivity needs in the region.

Suresh Sidhu, Chief Executive Officer of EdgePoint, commented, “Our collaboration with PLDT Inc. has gotten off to a smooth start and we are keen to build on this success further with the official handover of this first batch of towers. We continue to be committed to developing the Philippines telecoms sector through building our business in this highly dynamic wireless growth market.”

Upon completion of the entire transaction, EdgePoint will own over 13,000 towers across ASEAN.

For more information on EdgePoint, please visit https://edgepointinfra.com/

Read more

Last-Mile Delivery Tracking: Ensuring Efficiency and Customer Satisfaction

As our lives increasingly revolve around the internet, especially with the current boom in eCommerce, it’s no surprise that customer expectations have become more demanding. Consumers now expect their goods to be delivered as quickly as possible, with a smooth... Read more

Writers Wanted



NewsServices.com

Content & Technology Connecting Global Audiences

More Information - Less Opinion