SYDNEY/SINGAPORE/MANILA – Macquarie Capital unit PhilTower Consortium Inc. and Manila Electric Co.’s (Meralco) Miescor Infrastructure Development Corp. (MIDC) have completed a transaction that will create one of the largest independent telecommunications tower companies in the Philippines.
MIDC is a joint venture between Meralco Industrial Engineering Services Corp. (Miescor) and US investment firm Stonepeak.
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