MIESCOR Infrastructure Development Corp. , a joint venture between Meralco Industrial Engineering Services Corp. and Stonepeak, merged with Phil-Tower Consortium Inc. to create one of the Philippines’ largest independent tower companies.
The partnership of MIDC and PhilTower creates a powerhouse in the Philippine TowerCo industry which offers strategic advantages that will not only strengthen network infrastructure but also accelerates the rollout of wireless technologies for mobile network operators including Globe Telecom Inc., Smart Communications Inc. and DITO Telecommunity Corp.
“The partnership of MIDC and PhilTower represents a significant step forward in enhancing the country’s telecommunications tower infrastructure. By combining the strengths of the two organizations, we are creating a new standard for infrastructure efficiency and service excellence, bringing us closer to achieving nationwide connectivity,” MIESCOR president and chief executive Richard Ochava said.
MIESCOR, through its telecommunications business unit, is providing full turnkey and semi turnkey build and maintenance services to the telecom industry operators.
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