KKR to invest $400 million in Philippine telecoms tower business [Yahoo! Finance]
PLDT Inc. Sponsored ADR (PHI)
US:NYSE Investor Relations:
pldt.com/investor-relations
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Source: Yahoo! Finance
Department of Commerce said on Wednesday, among a slew of deals in a $1 billion investment announced in a landmark trade mission. KKR will develop and acquire roughly 2,000 telecoms towers to support digital connectivity across the Philippines, the department said in a statement following a two-day trade and investment mission led by U.S. Commerce Secretary Gina Raimondo. In 2022, a unit of KKR acquired 3,529 telecoms towers for 45 billion pesos ($814.73 million) in a sale and leaseback deal with Philippines' Globe Telecom Inc. The KKR unit bought another 1,012 towers for over 12.1 billion pesos from PLDT Inc. The U.S. Commerce Department announced American investments of more than $1 billion in the Philippines during the trade mission that included executives from 22 companies including United Airlines, Alphabet's Google, Visa, and Microsoft. Ally Power, a Maryland startup, announced a more than $400 million agreement with a unit of power distributor Manila Electric Co to bui
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News
- Levi & Korsinsky, LLP Notifies Shareholders of PLDT Inc. (PHI) an Upcoming Claims Deadline in a Class Action SettlementAccesswire
- PLDT: Spotlight On Broadband Business And EBITDA Guidance [Seeking Alpha]Seeking Alpha
- Levi & Korsinsky, LLP Notifies Shareholders of PLDT Inc. (PHI) an Upcoming Claims Deadline in a Class Action SettlementAccesswire
- Levi & Korsinsky, LLP Notifies Shareholders of PLDT Inc. (PHI) an Upcoming Claims Deadline in a Class Action SettlementAccesswire
- Levi & Korsinsky, LLP Notifies Shareholders of PLDT Inc. (PHI) an Upcoming Claims Deadline in a Class Action SettlementAccesswire
PHI
Sec Filings
- 4/1/24 - Form 6-K
- 3/27/24 - Form 6-K
- 3/27/24 - Form 20-F
- PHI's page on the SEC website