Aboitiz InfraCapital, Partners Group Team Up For Common Towers
Aboitiz InfraCapital, Inc. has agreed to form a joint venture with leading global private markets firm, Partners Group, acting on behalf of its clients, to establish a telecommunications infrastructure platform called Unity Digital Infrastructure, Inc. (Unity).
Through Unity, Aboitiz InfraCapital and Partners Group will build and operate telecommunication towers and supporting infrastructure across the country. This supports the government’s vision to improve the country’s internet connectivity in local communities by increasing the number of cell sites of Mobile Network Operators (MNOs).
The importance of inclusive digital transformation is underscored by the COVID-19 pandemic, which has forced everyone to connect virtually to keep in touch with loved ones, get timely and relevant news and information, and work and study from home.
“Now more than ever, it is crucial to build robust, modern, and efficient telecommunications infrastructure to support the country’s economic recovery and growth. With Unity, we hope to create a meaningful impact in the lives of Filipinos who rely on the internet for their livelihood, schooling, and other daily tasks, in cooperation with the government and the MNOs,” said Cosette Canilao, President and CEO of Aboitiz InfraCapital.
“We are delighted to be working with global experts from Partners Group in building enabling digital infrastructure and uniting communities,” she added.
Under the common tower business model, MNOs can co-locate on Unity’s tower assets to help fast-track expansion, increase service reliability, reduce costs, and lessen redundant sites.
As a tower company, the Aboitiz Group will leverage its strong nationwide presence and proven track record for project development, execution, and asset management of a network of infrastructure assets. In 2020, Aboitiz InfraCapital launched its Small Cell Sites business to help MNOs accelerate the expansion of their network capacity and coverage using Aboitiz assets. Small cells are expected to play a key role in the deployment of 5G, which requires antenna density to deliver larger quantities of data at higher speeds.
Meanwhile, Partners Group will draw on its extensive international experience of successfully building out infrastructure platforms to co-create a leading telecommunications asset that will contribute to the improvement of communications reliability for the benefit of local communities in the Philippines. The Unity team includes seasoned professionals from tower companies across the world and the co-founder of successful tower companies Protelindo in Indonesia and Pan Asia Majestic Eagle Limited (PAMEL) in Myanmar.
“The telecommunications infrastructure sector in the Philippines is undergoing rapid change. The urgent need to expand the country’s infrastructure is creating opportunities for new providers to quickly capture market share. The combination of Unity’s management team, which consists of experienced tower builders, with Partners Group and Aboitiz’s platform building experience, operational expertise and significant local resources, will be highly valuable as we grow the Platform,” said Grace del Rosario-Castaño, Operating Director of Unity Digital Infrastructure and Member of Board of Directors of Partners Group.
In February, Unity secured its Certificate of Registration as an Independent Tower Company from the Department of Information and Communications Technology (DICT). It is now working on the rollout of its pilot batch of towers with the MNOs.
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