A HOMEGROWN independent telecommunications tower operator which is majority owned by Japan’s Sojitz Corp. and a Filipino company has been tapped to undertake a digital infrastructure project in former government bases.
The Bases Conversion and Development Authority (BCDA) in a statement yesterday said it signed a memorandum of understanding (MOU) with LBS Digital Infrastructure Corp. (LDIC) for the project that will boost internet connectivity in New Clark City in Tarlac, Morong Discovery Park in Bataan, Camp John Hay in Baguio, and areas in Bonifacio Global City in Taguig.
BCDA said aside from LDIC, another local telecommunication tower operator, PhilTower Consortium Inc., has expressed interest in partnering with BCDA to further improve digital connectivity in BCDA’s developments, such as Bonifacio Global City, New Clark City, and Morong Discovery Park. To date, PhilTower currently has existing rooftop cell sites in New Clark City, particularly situated at the Government Building and the National Academy of Sports.
BCDA has signed a memorandum of understanding (MOU) with LDIC, which is also owned by New Founderco Holdings Corp.
BCDA said the MOU will fast track discussions with mobile network operators and get their approval in the deployment and subleasing of common towers in New Clark City, Morong Discovery Park, Bonifacio Global City, and Camp John Hay.
LDIC, as prescribed in the MOU, will conduct studies to determine the financial viability and feasibility of the digital infrastructure project without any cost to BCDA, as well as submit the pre-investment and business studies within one year upon BCDA’s approval.
The MOU was signed by BCDA president and chief executive officer (CEO) Joshua Bingcang and LDIC president and CEO Ramoncito Yu III.