CREI Management Services FZE has successfully sold its Philippine tower portfolio to Frontier Tower Associates Philippines Inc., significantly enhancing Frontier's network capabilities in a rapidly growing telecommunications market.

Target Information

CREI Management Services FZE ("CREI") is a prominent asset management company incorporated in the UAE, part of the "Two Thirty Three Holdings SA" Group. Specializing in the telecommunications and energy services sector, CREI manages a diverse portfolio that includes telecom towers and renewable energy assets across Africa and Asia. The organization focuses on delivering sustainable energy and enhanced connectivity to Mobile Network Operators (MNOs) and rural communities in developing regions, employing a strategic approach to integrate solutions across its affiliated companies.

Through the management of a portfolio comprising Telecom Energy Service Companies (ESCO), Tower Companies (TowerCo), and Network as a Service (NaaS) projects, CREI aims to provide efficient solutions that cater to the specific social and environmental needs of its stakeholders. This commitment ensures a lasting positive impact by reducing carbon footprints and improving the performance and reach of network operators.

Industry Overview in the Philippines

The telecommunications industry in the Philippines is experiencing significant growth, driven by increasing demand for connectivity and digital services. With a population exceeding 110 million, the country’s telecommunications sector is critical for facilitati