Sojitz to Participate in Shared Communications Tower Business

Sojitz Corporation announced on 1st that they will invest approximately 7 billions yen in LBS Digital Infrastructure, which is engaged in the construction of communication towers in the Philippines, and will participate in a shared communication tower business that can be used by various cell phone service companies. In addition to the Manila metropolitan area, which has a large population, the company will explore commercial opportunities in rural areas where communication infrastructure is not yet developed.

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