Unity and Globe ceremonial signing
(Top Photo) DIGITAL PROGRESS. Globe Telecom President and CEO Ernest Cu (left) shakes hands with Aboitiz Group President and CEO Sabin Aboitiz after signing the contract, representing a solid commitment to cooperation, digital progress, and strengthening the future of the Philippines
(Below Photo) The signatories of the Tower Sale and Leaseback Agreement Contract. In photo (from left): Globe Telecom Vice President for Corporate Strategic Asset Manager Benjamin Garcia, Globe Telecom Chief Compliance Officer and Senior Vice President of Labor and Compliance Marisalve Co, Globe Telecom President and CEO Ernest Cu, Aboitiz Group President and CEO Sabin Aboitiz, Aboitiz InfraCapital President and CEO Cosette Canilao, Partners Group Senior Investment Leader – Private Infrastructure Jansen Ang, and Partners Group Lead Asset Manager Andrew Wagner. (Aboitiz Group File Photos)
On Monday, June 5, the ceremonial signing of the sale and leaseback agreement entered into recently by Globe Telecom and Unity Digital Infrastructure (Unity), a joint venture between Aboitiz InfraCapital and Partners Group, a leading global private markets firm, was held at the Globe Tower in BGC, Taguig City. Under the agreement, Unity will acquire 447 Globe telecom towers in Luzon. ### (PR)
About Aboitiz Equity Ventures
Aboitiz Equity Ventures, Inc. (AEV) is the public holding company of the Aboitiz Group with major investments in power, banking and financial services, food, infrastructure, land, and data science and artificial intelligence. Today, AEV is recognized as one of the best-managed companies in the Philippines and the region, consistently cited for its commitment to good corporate governance and corporate social responsibility. With five generations of Aboitiz Group business success behind it, AEV continues to drive change for a better world by advancing business and communities.
The Aboitiz Group is a member of the Global Compact Network Philippines Board of Trustees and helps champion the Philippinesโ sustainability initiatives on an international level through policies, advocacies, and initiatives that align with the United Nations Global Compact (UNGC). The company has also launched its #OneAboitizSustainability Framework which aims to transform its life-essential businesses into having improved sustainable practices and a positive impact on the environment and society.