EdgePoint teams up with Globe to expand coverage in PH

EdgePoint Towers Inc. (EdgePoint Philippines), a subsidiary of ASEAN-based telecommunications tower infrastructure company EdgePoint Infrastructure (EdgePoint) is hoping to provide more services in the Philippines through its new partnership with Globe.

The companies are looking at increasing tower and co-location sites in the country.

“The team (from EdgePoint Philippines) will work closely with our counterparts in Globe throughout the whole process right from identifying the right locations to undergoing the complete build process,” said Alexander Kiel, CEO of EdgePoint Philippines. “With our regional experience and in-depth local knowledge, we are confident we will be able to take over Globe’s expansion requirements, allowing them to focus on other areas of the business.”

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EdgePoint first entered the Philippine market in April 2022, when it acquired 2,934 towers from the PLDT Group. Currently, EdgePoint Philippines operates 2,557 active sites across the Luzon Islands, with the total number targeted to be closed by mid of 2023. The Group currently owns and manages a total of 14,000 towers across Indonesia, Malaysia, and the Philippines.

“Globe ended 2022 with 5G connectivity in 70 cities and towns across the Philippines, more than double our coverage compared to the year before making our 5G network available to nearly all of the population in the National Capital Region (NCR), Cebu and Davao,” said Rizza Maniego-Eala, chief finance officer of Globe. “We are looking to partner with industry players who share the same appetite for growth and are confident that both EdgePoint and Globe have similar goals and synergies on how we can further enhance the telecommunications industry, grow both our companies as well as be key contributors to the nation.

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