DICT, China ink P232-B cell tower deal
(WorldNews Business)

The Department of Information and Communications Technology (DICT) signed a memorandum of understanding with the China Energy Engineering Corp. (CEEC) involving a P232 billion ($4.4 billion) investments to build a common cell towers that local telcos could lease to improve faster delivery of communication services. The deal allows the CEEC to deploy at least 50,000 cell sites across the country to make the Philippines competitive...