Philippines shared mobile infrastructure project
Sector: Telecommunications • Location: Philippines
Source: World Bank Group
This project involves the construction of telecommunication towers and the enhancement of the quality and coverage of the mobile network service in Philippines. This project will bring high-speed 4g and 5g mobile network to the Philippine people. The sponsor company is CREI Phils, newly formed tower company (subsidiary of global telecom services group Two Thirty Three Holdings Group). This project
- Status
- Prospective
- Sector
- Telecommunications, Manufacturing (Industrial), Government
- Location
- Philippines
- Updated
- 22 Jul 2026
- Source
- World Bank Group
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Project Information
Participants
Sponsoring Agency |
Status
Original status | active |
Taiyo status | Prospective |
Taiyo last update | 2026-07-22 |
Contact
| Not available for this record. |
Description
Description | This project involves the construction of telecommunication towers and the enhancement of the quality and coverage of the mobile network service in Philippines. This project will bring high-speed 4g and 5g mobile network to the Philippine people. The sponsor company is CREI Phils, newly formed tower company (subsidiary of global telecom services group Two Thirty Three Holdings Group). This project will allow third parties to use the existing telecommunication network of the country. The total project cost is $110.7m, of which CREI Phils will invest $34.2m in equity while $76.5m will be provided by the International Finance Corporation (IFC) through a loan of $28.3m. IFC will also mobilize a syndicated loan for the remaining $48.2m. The financial close date of this project is June 29th, 2022. https://disclosures.ifc.org/project-detail/SII/46171/crei-phils https://www.telecomreviewasia.com/index.php/news/network-news/2868-ifc-provides-70-million-for-shared-mobile-infrastructure-project-in-philippines |
Original sector | Information and communication technology (ICT) |
Budget |
Location
Country | Philippines |
Source
Source | World Bank Group |
URL |
More Details
Record type | Project |
Sector | Telecommunications, Manufacturing (Industrial), Government |
Article published date | 2024-05-19 |
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