15 June 2023

PLDT has closed the sale and leaseback of 135 towers with Unity Digital Infrastructure.

This is the first closure of a deal for 650 towers in total for PHP9.2 billion, first announced in December 2022.

PLDT said that it will receive PHP1.9 billion for the 135 towers that are being transferred over to Unity. The master service agreement leaseback arrangement for 10 years had also begun. PLDT will transfer the additional towers over the next few months when closing conditions are met, all towers are expected to be sent over this year.