Aboitiz InfraCapital and leading global private markets firm Partners Group agreed to jointly establish a telecommunications infrastructure platform to help improve the country’s internet connectivity.
Through Unity Digital Infrastructure, Inc. (Unity), Aboitiz InfraCapital and Partners Group will build and operate badly-needed telecommunication towers across the the Philipines.
“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 [mobile network operators],” said Cosette Canilao, president and CEO of Aboitiz InfraCapital.
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.
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.
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 in Myanmar.