PLDT confirms to sale non-strategic towers in Philippines
PLDT Inc., the Philippines' largest fully integrated telecommunications company, has confirmed that it is considering selling cell sites to independent tower companies.
The divesting of non-strategic tower assets aims to raise funds and improve the company's bottom line. PLDT expects to raise between US$800 million to US$1 billion in the process.
Country updates
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July 29, 2021
Tenders issued for multibillion Railway PPP project in Philippines
The Government of the Philippines has launched two invitation of bids for two work packages for the South Commuter Railway project. The project is being financed by the Asian Development Bank (ADB).
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July 28, 2021
Bidding process held for Philippines North-South commuter rail project
The Government of the Philippines held successful biddings for civil work contracts for a combined 40.5 kilometers (km) of viaduct structures, which are part of the South Commuter Railway Project...
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July 09, 2021
Four firms interested in Sangley airport concession
The Provincial Government of Cavite (PGC) in the Philippines has announced that four firms have purchased bidding documents for the Sangley Point International Airport concession. These four firms are...
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July 07, 2021
Philippines opens Light Rail Transit Line 2 eastern extension
The Public-Private Partnership Center in the Philippines has announced the opening of the eastern extension of the 13.8 km Light Rail Transit Line 2 in Manila. The project adds the capacity of the LR...
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June 24, 2021
Philippines awards desalination plant concession
The government of the Philippines has awarded a contract to Vivant Hydrocore Holdings Inc, a wholly-owned subsidiary of Vivant Corporation, for the development of a desalination plant in the...
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