Connect with us

Hi, what are you looking for?

Captain Of Success
Top Stories

Stock Markets

BCDA taps Philtower MIDC for telco infra development

BASES CONVERSION and Development Authority (BCDA) President and CEO Engr. Joshua M. Bingcang (third from right) led the ceremonial signing of the memorandum of understanding (MoU) with PhilTower MIDC. Also present at the event was PhilTower MIDC President and Chief Executive Officer Devid Gubiani (fourth from right), Chief for External Affairs and Government Relations Kalvin Laurence Antonio B. Parpan (first from left) Chief Financial and Risk Officer Maida B. Bruce (second from left), BCDA Vice-President Business Development Mary Grace C. Perez (second from right), and Vice-President for Investment Promotions and Marketing Department Erwin Kenneth R. Peralta (first from right).

THE Bases Conversion and Development Authority (BCDA) has partnered with PhilTower MIDC to advance digital connectivity across the state-owned corporation’s properties.

In a statement on Wednesday, BCDA said that it signed a memorandum of understanding (MoU) with PhilTower MIDC on Tuesday.

“PhilTower MIDC, with its comprehensive portfolio and deep industry knowledge, is uniquely positioned to support BCDA’s ambition to drive innovation, efficiency, and sustainability within the country’s digital infrastructure,” said BCDA President and Chief Executive Officer Joshua M. Bingcang.

“This collaboration will create impactful solutions that enhance connectivity in high-priority areas, positioning the Philippines at the forefront of the digital revolution in Southeast Asia,” he added.

A joint venture between Miescor Infrastructure Development Corp. and Phil-Tower Consortium, Inc., PhilTower MIDC is a provider of shared telecommunications (telco) infrastructure.

Under the partnership, PhilTower MIDC committed to installing common towers across BCDA sites, including Bonifacio Global City, New Clark City, and Morong Discovery Park.

The MoU enables PhilTower MIDC to conduct pre-investment studies on the project, which are expected to take one year.

According to BCDA, PhilTower already has a presence in New Clark City through its rooftop infrastructure at the Government Building and the National Academy of Sports.

These are utilized by telecommunications providers such as Globe and Smart to enhance their digital capabilities in the area.

“It is a privilege to collaborate with BCDA, an organization that shares our vision of harnessing digital technology as a transformative force,” said PhilTower MIDC President and Chief Executive Officer Devid Gubiani.

“Through this partnership, we aim not only to enhance connectivity but also to drive socio-economic growth in vital hubs such as Bonifacio Global City and New Clark City,” he added. — Justine Irish D. Tabile

    You May Also Like

    Stock Markets

    Students of the Institute of Civil Engineering of the University of the Philippines Diliman experience what it’s like on-board the Circular Explorer and attend...

    Stock Markets

    BW FILE PHOTO THE NATIONAL Government’s (NG) debt service bill surged year on year in November as both interest and amortization payments rose, data...

    Stock Markets

    In the photo are (seated L to R) Francisco “Coco” D.C. Mauricio, WeFund Lending Corp. President and CEO; Danilo “Bong” J. Mojica II, UnionDigital...

    Stock Markets

    THE DEVELOPMENT Bank of the Philippines (DBP) will again request for regulatory relief this year as it seeks to boost its capital position. “Just...

    Disclaimer: CaptainOfSuccess.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice.
    The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.