Globe raises more cash in latest tower sale

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Globe Telecom announced it gained PHP13.5 billion (US$230 million) from the transfer of more towers as it seeks more cash to pay down debts and fund future capex intensive projects.

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United Group lines up more buyers

Southeastern Europe-focused telecoms player United Group reportedly lined up potential buyers for its operations, with aims to gain €8 billion (US$8.57 billion) from potential sales, reported Bloomberg.

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