Infra firm to spend P100B to build cell towers

An infrastructure firm is proposing to build 25,000 towers within seven years in line with a new policy of the Department of Information and Communications Technology (DICT) to establish common towers that may be leased by all telecommunication firms in order to expand their facilities and enhance the quality of service.

ISOC Infrastructures Inc., the first company to submit a proposal to the DICT, will be allocating P100 billion for the construction of the towers wherein P20 billion will be invested for the first three years.