PLDT sells towers for $1.47 billion in largest foreign purchase
PLDT Inc. raised 77 billion pesos ($1.47 billion) selling half of its telecommunication towers, the largest ever acquisition of assets ...
Tag: Axiata Group
China Mobile joins throng of potential M1 buyers while shareholders assess stakes
Stakeholders of Singaporean telco M1 have reportedly reached out to potential investors to sell their majority holdings. China Mobile, along with certain ...
Axiata lures Malaysian retirement fund into edotco growth plan with US$100m share sale
Axiata Group-owned giant telecoms infraco edotco has upsized its private placement equity deal to US$700m and lured Malaysia’s Retirement Fund Incorporated (KWAP) as a new investor. Edotco CEO ...
Axiata, Bharti Infratel eye Vodafone’s Indus Towers stake amid increasing competition
India’s second-largest towerco Bharti Infratel and Asian giant infraco edotco are reportedly aiming to acquire Vodafone’s 42% stake in Indus Towers. Edotco’s parent, Malaysian Axiata Group is seeking to expand its ...
