Indonesia-based tower company Bersama Digital Infrastructure Asia and investment company Opti-Teknology Philippines, Inc. have committed to subscribe to new shares in Alliance Towers Corporation.

Alliance Towers is an independent tower company that builds and operates telecommunication towers in the Philippines. The company has secured tower orders from all three major mobile network operators (MNOs) in the Philippines and now owns and operates towers in Visayas and Mindanao as of June 30, 2022.

Bersama Digital and Opti-Tek will own 51% and 49% of Alliance Towers, respectively. The transaction is targeted to complete in September this year.

The Philippine government has a standard tower policy aimed at upgrading the information communication technology infrastructure in the country to better serve the young, digital-savvy population. Alliance Towers intends to partner closely with the MNOs and will play a critical role in supporting the country’s telecom infrastructure.

The shareholders of Opti-Tek and Bersama Digital are highly complementary and will provide Alliance Towers with long-term technical, financial, and local, on-ground support:

•   The shareholders of Opti-Tek are the founders of Alliance Towers. They are proven business leaders and entrepreneurs that are deeply entrenched in the business community in the Philippines, with access to significant local resources.
•   The controlling shareholders of Bersama Digital founded PT Tower Bersama Infrastructure Tbk. in 2004 and continue to control the company today. Since 2012, Tower Bersama has organically built over 12,000 of its nearly 21,000 towers in Indonesia, making it one of the world’s leading organic tower builders.

Sherwin Hing, Chairman of Alliance Towers and Director of Opti-Tek, said, “We are delighted that Bersama Digital has agreed to invest in Alliance Towers. We are confident that Alliance Towers can leverage Tower Bersama’s highly impressive track record as an organic tower builder and operator. The shareholders will actively support Alliance Towers in its objective of providing high-quality telecom infrastructure to enhance the lives of Filipino mobile users.”

“The partnership with Bersama Digital is a major milestone for our company and the industry. This strengthens our capabilities in providing mission-critical infrastructure to MNOs,” added Enrique Y. Gonzalez, director of Alliance Towers and Opti-Tek.

Gavin Caudle, Director of Bersama Digital said, “We are very positive about the Philippines’ independent tower sector and we understand how important it is to have deep, on-ground experience and capability. We are extremely pleased that the Opti-Tek shareholders have agreed to partner with us. We are highly committed to supporting the Alliance Towers management team as the company continues to build and operate an independent telecommunication tower network in the Philippines.”

Source: https://business.inquirer.net/357654/bersama-digital-infrastructure-asia-signs-agreement-with-opti-teknology-to-make-a-51-investment-into-alliance-towers

COMMON tower provider Alliance Towers Corp. hopes to bag more contracts with the country’s mobile network operators after a major investment from an Indonesia-based tower company.

“Hopefully (we can build) another 250 (towers) for them,” Alliance Towers President and Chief Operating Officer Alvin D. Tolentino told BusinessWorld in a recent phone interview.

The company is currently committed to build 250 towers for the country’s three major telecommunications companies.

“Of the total, more than a hundred are ongoing,” Mr. Tolentino said.

“These are concentrated in the Visayas and Mindanao, and we also have in South Luzon.”

In July, Indonesia-based tower company Bersama Digital Infrastructure Asia and investment company Opti-Teknology Philippines, Inc. committed to subscribe to new shares in Alliance Towers. Opti-Teknology’s shareholders are the founders of Alliance Towers.

The transaction is targeted to complete in September.

“Bersama Digital and Opti-Teknology will own 51% and 49% of Alliance Towers, respectively,” Tower Bersama Group and Alliance towers said in a joint statement.

“Tower Bersama has organically built over 12,000 of its nearly 21,000 towers in Indonesia, making it one of the world’s leading organic tower builders,” they said.

Mr. Tolentino said Bersama Digital will provide Alliance Towers with long-term technical and financial support.

“At the same time, the creditors will rate us higher, because as Alliance Towers with no track record to show, the banks are quite careful in terms of lending, and our credit rating is not as good, but having a shareholder that has 20 years of experience gives us credibility and makes our financial credit rating higher,” he explained.

The company hopes to expand in tandem with the telecommunications companies such as Globe Telecom, Inc., PLDT, Inc., and DITO Telecommunity Corp.

“From my meetings with all the mobile network operators, they are moving all of their expansions to the common towers because it really makes sense for everybody. It will all result in efficiency, and if it’s efficient then it will result in better quality and cheaper costs for consumers,” Mr. Tolentino added.

Source: https://www.bworldonline.com/corporate/2022/08/01/465011/alliance-towers-investment-from-indonesia-based-tower-company-to-boost-expansion/

Tower Supplier COMMON Alliance Towers Corp. hopes to win extra contracts with the rustic’s cell community operators after a significant funding from an Indonesia-based tower corporate.

“Expectantly (we will be able to construct) every other 250 (towers) for them,” stated Alliance Towers President and COO Alvin D. Tolentino. Trade international in a up to date telephone interview.

The corporate is lately dedicated to construction 250 towers for the rustic’s 3 main telecommunications firms.

“Of the entire, greater than 100 are in growth,” Mr. Tolentino stated.

“Those are concentrated within the Visayas and Mindanao, and we’ve them in southern Luzon as neatly.”

In July, Indonesia-based tower corporate Along side Virtual Infrastructure Asia and funding corporate Opti-Teknology Philippines, Inc. agreed to subscribe to the brand new stocks of Alliance Towers. The shareholders of Opti-Teknology are the founders of Alliance Towers.

The transaction is anticipated to near in September.

“In combination, Virtual and Opti-Generation will personal 51% and 49% of Alliance Towers respectively,” Tower Bersama Team and Alliance Towers stated in a joint observation.

“Tower Bersama has organically constructed greater than 12,000 of its roughly 21,000 towers in Indonesia, making it one of the most international’s main natural tower developers,” they stated.

Mr. Tolentino stated Bersama Virtual will supply Alliance Towers with long-term technical and monetary strengthen.

“On the similar time, collectors will give us the next ranking, as a result of since Alliance Towers has no monitor report to turn out, the banks are moderately wary in lending, and our credit standing isn’t as excellent. , however have a shareholder who’s 20 years previous. years of revel in give us credibility and strengthen our monetary credit standing,” he defined.

The corporate hopes to develop in tandem with telecommunications firms similar to Globe Telecom, Inc., PLDT, Inc. and DITO Telecommunity Corp.

“From my conferences with all of the cell community operators, they’re transferring all their extensions to the typical towers as it actually is sensible for everybody. All of this will likely translate into potency, and if it is environment friendly, that may lead to higher high quality and decrease prices for shoppers,” Mr. Tolentino added.

Source: https://www.medialnews.com/alliance-towers-investment-from-indonesia-based-tower-company-to-drive-expansion/

Indonesia-based Bersama Digital Infrastructure and investment firm Opti-Teknology Philippines have jointly acquired a majority share in Alliance Towers Corporation for an undisclosed fee.

Deal Street Asia reported, that the companies bought a 51% stake in Alliance Towers, with Opti-Teknology holding 49% of the tower company once the deal is finalised in September.

Alliance Towers was founded by Opti-Teknology’s equity owners. Recently it cut back on an initial target to construct 500 towers to 200 a year and built 40 during the height of the Covid-19 health crisis, for the Philippines’ three main operators Dito Telecommunity, Smart Communications and Globe Telecom.

The Philippines government relaxed laws to allow full foreign ownership of critical industries to spur the growth of sectors such as telecommunications.

Source: https://developingtelecoms.com/telecom-technology/optical-fixed-networks/13760-bersama-digital-acquires-majority-share-in-alliance-towers.html

Indonesian digital infrastructure platform Bersama Digital Infrastructure has partnered with a Philippine investment firm to acquire independent tower company Alliance Towers Corporation for an undisclosed amount.

Bersama Digital teamed up with Opti-Teknology Philippines Inc to acquire 51% of Alliance Towers. Opti-Teknology will hold 49% of the tower company once the transaction is completed in September.

Source: https://www.dealstreetasia.com/stories/bersama-digital-alliance-towers-300795

Indonesian tower company Bersama Digital Infrastructure Asia has tied up with homegrown investment firm Opti-Teknology Philippines Inc. to invest in an independent builder and operator of telecommunication towers in the country.

With the signing of an agreement for the subscription of new shares, Bersama Digital will own 51 percent while Opti-Teknology will acquire 49 percent of Alliance Towers Corp. The transaction is targeted to be completed in September.

The Philippine government has a standard tower policy aimed at upgrading the nation’s information communication technology infrastructure.

In support of this, Alliance Towers intends to partner closely with all the three major mobile network operators (MNOs) in the country as it secured tower orders from them. It has been operating towers in Visayas and Mindanao as of June 30.

The shareholders of Opti-Tek and Bersama Digital are highly complementary. They will provide Alliance Towers with long-term technical, financial, and local, on-ground support.

The local tower company was founded by Opti-Tek’s equity owners, who are proven business leaders and entrepreneurs with access to significant local resources.

The controlling shareholders of Bersama Digital established PT Tower Bersama Infrastructure Tbk. in 2004 and continue to control it at present. Since 2012, Tower Bersama has organically built over 12,000 of its nearly 21,000 towers in Indonesia, making it one of the leading organic tower builders globally.

“We are confident that Alliance Towers can leverage Tower Bersama’s highly impressive track record as an organic tower builder and operator. The shareholders will actively support Alliance Towers in its objective of providing high-quality telecom infrastructure to enhance the lives of Filipino mobile users,” said Sherwin Hing, chairman of Alliance Towers and director of Opti-Tek.

Enrique Y. Gonzalez, director of Alliance Towers and Opti-Tek, described the partnership as “a major milestone” for their firm and the industry. He said: “This strengthens our capabilities in providing mission-critical infrastructure to MNOs.”

Bersama Digital Director Gavin Caudle said he is bullish about the independent tower sector in the Philippines.

“We understand how important it is to have deep, on-ground experience and capability,” he said, while expressing their appreciation for Opti-Tek shareholders’ decision to work with them. “We are highly committed to supporting the Alliance Towers management team as the company continues to build and operate an independent telecommunication tower network in the Philippines.”

Source: https://greatawakeningmusic.com/news/indonesian-firm-invests-in-alliance-towers/

Indonesian high-rise builder Bersama Digital Infrastructure Asia has partnered with local investment firm Opti-Teknology Philippines Inc. to invest in an independent telecom tower builder and operator in the country.

With the signing of an agreement to subscribe for new shares, Bersama Digital will own 51 percent while Opti-Teknology will own 49 percent of Alliance Towers Corp. will acquire. The transaction is expected to close in September.

The Philippine government has a standard tower policy aimed at improving the country’s information and communication technology infrastructure.

To support this, Alliance Towers intends to work closely with all three of the country’s major mobile network operators (MNOs) as it has received tower orders from them. As of June 30, it operates towers in Visayas and Mindanao.

Opti-Tek and Bersama Digital shareholders complement each other perfectly. They will provide long-term on-site technical, financial and local support to Alliance Towers.

The local tower company was formed by Opti-Tek’s equity owners, who are seasoned business leaders and entrepreneurs with access to significant local resources.

The majority shareholders of Bersama Digital established PT Tower Bersama Infrastructure Tbk. in 2004 and currently continue to control it. Since 2012, Tower Bersama has organically built over 12,000 of its nearly 21,000 towers in Indonesia, making it one of the world’s leading organic tower builders.

“We are confident that Alliance Towers can leverage Tower Bersama’s extremely impressive track record as an organic tower builder and operator. Shareholders will actively support Alliance Towers in its goal to provide high-quality telecommunications infrastructure to improve the lives of Filipino mobile users,” said Sherwin Hing, chairman of Alliance Towers and director of Opti-Tek.

Enrique Y. Gonzalez, director of Alliance Towers and Opti-Tek, described the partnership as “an important milestone” for her company and the industry. He said, “This strengthens our capabilities in delivering mission-critical infrastructure to MNOs.”

Bersama Digital Director Gavin Caudle said he is optimistic about the independent tower sector in the Philippines.

“We understand the importance of having in-depth experience and skills on the ground,” he said, while expressing appreciation for Opti-Tek’s shareholders’ decision to work with them. “We are very committed to supporting the Alliance Towers management team as the company continues to build and operate an independent telecom tower network in the Philippines.”

Source: https://reforestemospatagonia.com/business/indonesian-company-invests-in-alliance-towers/8333/

Indonesia-based tower company Bersama Digital Infrastructure Asia and investment firm Opti-Teknology Philippines are set to buy 51% and 49% of Alliance Towers‘ new shares respectively.

The transaction is on track to be completed within the third quarter of 2022.

Philippines-based Alliance Towers constructs and operates telecom towers -all of which are currently located in Visayas and Mindanao. The firm, which is looking to build more towers,  intends to partner with major mobile network operators in the Philippines to strengthen the country’s telecom infrastructure for a digital-native generation.

Shareholders of Opti-Teknology and Bersama Digital also said the firms would supply Alliance Towers with technical, financial, and on-ground support.

In 2004, Bersama Digital’s shareholders established Tower Bersama Infrastructure, which has since constructed over 12,000 of its near-21,000 telecom towers in Indonesia.

Opti-Teknology is headed by Sherwin Hing and Jaime Enrique Gonzales, who are also chairpersons, CEOs, and founders of multiple companies. The investment firm’s shareholders are also the founders of Alliance Towers.

The growing adoption of tech and the need for interconnectivity has greatly increased the demand for telecommunications towers worldwide. The global industry is set to reach a market value of US$75.5 billion by 2027, with at a compound annual growth rate of 7.2%.

Source: https://www.techinasia.com/indonesia-philippines-firms-buy-telco-tower-company

Indonesian tower company Bersama Digital Infrastructure Asia has tied up with homegrown investment firm Opti-Teknology Philippines Inc. to invest in an independent builder and operator of telecommunication towers in the country.

With the signing of an agreement for the subscription of new shares, Bersama Digital will own 51 percent while Opti-Teknology will acquire 49 percent of Alliance Towers Corp. The transaction is targeted to be completed in September.
The Philippine government has a standard tower policy aimed at upgrading the nation’s information communication technology infrastructure.

In support of this, Alliance Towers intends to partner closely with all the three major mobile network operators (MNOs) in the country as it secured tower orders from them. It has been operating towers in Visayas and Mindanao as of June 30.

The shareholders of Opti-Tek and Bersama Digital are highly complementary. They will provide Alliance Towers with long-term technical, financial, and local, on-ground support.

The local tower company was founded by Opti-Tek’s equity owners, who are proven business leaders and entrepreneurs with access to significant local resources.

The controlling shareholders of Bersama Digital established PT Tower Bersama Infrastructure Tbk. in 2004 and continue to control it at present. Since 2012, Tower Bersama has organically built over 12,000 of its nearly 21,000 towers in Indonesia, making it one of the leading organic tower builders globally.

“We are confident that Alliance Towers can leverage Tower Bersama’s highly impressive track record as an organic tower builder and operator. The shareholders will actively support Alliance Towers in its objective of providing high-quality telecom infrastructure to enhance the lives of Filipino mobile users,” said Sherwin Hing, chairman of Alliance Towers and director of Opti-Tek.

Enrique Y. Gonzalez, director of Alliance Towers and Opti-Tek, described the partnership as “a major milestone” for their firm and the industry. He said: “This strengthens our capabilities in providing mission-critical infrastructure to MNOs.”

Bersama Digital Director Gavin Caudle said he is bullish about the independent tower sector in the Philippines.

“We understand how important it is to have deep, on-ground experience and capability,” he said, while expressing their appreciation for Opti-Tek shareholders’ decision to work with them. “We are highly committed to supporting the Alliance Towers management team as the company continues to build and operate an independent telecommunication tower network in the Philippines.”

Source: https://businessmirror.com.ph/2022/07/15/indonesian-firm-invests-in-alliance-towers/

Independent tower company Alliance Towers Corporation (ATC) is going full speed ahead in building towers to support digital transformation and telecommunications industry efforts to address the demand for fast, stable, and reliable internet connectivity in the Philippines.

In 2019, the Department of Information and Communications Technology (DICT) recognized ATC as a licensed digital infrastructure company. Alliance has since then created partnerships with major telecommunications companies in the country, namely Globe Telecom, Dito Telecommunity, and PLDT.

Formerly known as ALT Global Solutions, Inc., ATC has built over 40 towers at the height of the COVID-19 pandemic and plans to build 500 towers a year moving forward. The additional towers would help improve digital connectivity since the Philippines needs to build 50,000 towers to meet its current shortfall.

“The recent pandemic has brought about the urgent need for fast and reliable internet connectivity to enable digital transformation and the adaptation of the country to new digital landscapes. Unfortunately, there is a wide gap between the number of subscribers and the cell sites here in the Philippines to provide the bandwidth and connectivity that the Filipinos demand,” Alvin Tolentino, President and COO of ATC said.

“As the country adapts to the rapidly changing times, ATC aims to be a major player in the common tower industry, helping its Telco partners provide better service and the country progress towards a more connected nation. Our plans in the pipeline involve initiatives that will help stabilize and expedite programs to address consumer demands for improved digital connectivity across the Philippines.”

Demand for towers is being driven by the increased capacity requirements of consumers, the expansion of 4G and 5G rollout, the increased number of telco players, and the common tower policy that enables players to share towers to reduce costs.

The common tower policy is part of the government’s reforms over the last two decades to provide good connectivity and extend it to unserved and underserved areas in the country. The reforms dramatically changed the Philippine telco landscape and led to the establishment of shared telecom infrastructure.

“We acknowledge our role in the success of the country’s digital transformation and advancement. This is why we have selected a management team that has a proven track record in the tech and telecommunications industry to lead our programs and initiatives in building digital infrastructures. Furthermore, we also ensure that our experts are armed with the right extensive information and knowledge to develop our towers, and we have also developed standard parameters to ensure that our sites, services, and operations are best-in-class,” Sherwin Hing, Chairman and CEO added.

“The nation’s internet connectivity is dependent on the strong collaboration of the government, the digital infrastructure industry, and the telecommunications sector. As we join forces to continue progressing the country’s digital status, ATC will remain steadfast in providing digital infrastructures, and increasing the numbers of telecom towers that will serve as an avenue to reach even those in rural areas,” Tolentino and Hing concluded.

Source: https://mb.com.ph/2022/04/16/alliance-towers-corporation-eyes-to-build-500-towers-a-year/