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PH among the worst countries in terms of digital connectivity — study

The world has been more connected than ever in the last decade, making reliable Internet a crucial part of our daily lives. Today, whether we use the Internet for work or leisure, no one can deny the change it brought, especially during and after the pandemic. The Emerging Digital Powerhouse Index is a study conducted by Airgain , an American wireless connectivity solutions company that evaluated several factors, including average internet speeds, mobile penetration, digital skills, and progress in deploying 5G. The study also included affordability and educational indicators, including enrollment in tertiary education. The data was gathered on the said areas for 37 countries tracked by the Organization for Economic Co-operation and Development (OECD) and normalized so that each country received a score out of 100 on each criterion. The results were underwhelming for the Philippines , as we ranked 33rd out of the 37 countries on the list. This reveals the slow progress of the count...
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PLDT sold 135 towers to Unity Digital for Php1.9 billion

PLDT-NoypiGeeks-5923

PLDT announced that they have completed the first closing for 135 towers out of the 650 sale and leaseback deal with Unity Digital Infrastructure for Php1.9 billion.

In a stock exchange disclosure, PLDT said that the closing was completed last May 16, with the master services agreement that covers the leaseback agreement now effective.

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PLDT said that they expect to transfer the additional towers in the coming months “as closing conditions are met”. The complete transfers should be done this year.

The telco giant announced back in December the Php9.2 billion sale and leaseback deal with Unity Digital. Once complete, PLDT’s wireless arm Smart Communications will lease back the towers for 10 years under competitive terms.

As of December, the total number of PLDT towers that have been monetized through sale and leaseback reached more than 6,500 with a worth of over Php86 billion.

This article, PLDT sold 135 towers to Unity Digital for Php1.9 billion, was originally published at NoypiGeeks | Philippines Technology News, Reviews and How to's.


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