MANILA, Philippines — Globe Telecom Inc. is open to working with rival PLDT Inc. for the proposed independent company that build cellular towers in the country. In a briefing Monday, Globe president and chief executive officer Ernest Cu said the Ayala-led telco has always been open to working with PLDT on sharing towers. It is looking to divest all or part of its tower assets to independent tower companies as part of its network expansion and optimization plan. Globe had 63.3 million mobile subscribers as of end-March, an eight percent increase from the 58.6 million subscribers in the same period last year. It also had 1.40 million home broadband subscribers from January to March, 17 percent higher than the 1.19 million subscribers a year ago.

Source: Philippine Star May 08, 2018 15:33 UTC