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Wireless

Globe Telecom to set up towers subsidiary

Thursday 23 August 2018 | 14:55 CET | News
Philippines operator Globe Telecom announced that it's received approval from the Securities and Exchange Commission to set up a new subsidiary for its tower business. The creation of GTowers Inc is expected to help speed up the network roll-out, the company said. In addition, the company will be able to monetise the tower portfolio by leasing out capacity to other providers. 

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Categories: Mobile & Wireless
Companies: Globe Telecom
Countries: Philippines
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