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Transpacific Broadband Group Inks MoU With Chinese Firm For Tower Rollout

Infrastructure News - Published on Mon, 17 Jun 2019

Image Source: BusinessWorld
Listed Transpacific Broadband Group International Inc announced its intention to partner with a Chinese telecom equipment supplier to participate in the government’s common tower initiative. TBGI has signed a memorandum of understanding with a China state owned enterprise, which would assist in site acquisition and post construction activities. It did not name the Chinese company. TBGI said it was planning to start with 3,000 tower sites covering its existing clientele of private schools using its broadband service. The towers will cost about USD 100,000 per site while the budget for each site acquisition was seen at about USD 7,000.

The Department of Information and Communications Technology released last month the rules on the rollout of an initial 2,500 cell towers to address spotty mobile connectivity. This is part of its broader common tower initiative involving of as many as 50,000 towers, valued at USD 4.4 billion.

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Posted By : TelecomGuru on Mon, 17 Jun 2019
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