MANILA, Philippines — Aboitiz InfraCapital said Wednesday it signed a common tower deal with Globe Telecom and Frontier Tower Associates Philippines in a bid to improve connectivity in Cebu, Davao and Olongapo. In a statement, the Aboitiz unit said the memorandum of understanding with Globe and FTAP seeks to explore the possibility of leasing build-to-suit sites, towers and "other passive telecommunications infrastructure and facilities." “Tower sharing is a means to address the demand for better internet experience. The Department of Information and Communications Technology expects the new telco player to start operating by the first quarter of 2020. The DICT targets to roll out at least 50,000 new common towers across the country in the next seven to ten years.

Source: Philippine Star July 03, 2019 06:57 UTC