Showing results for "PLDT"
technology
Top Philippine Telco Seeks $1 Billion Valuation for Data CentersPLDT Inc., the Philippines’ biggest telecom company, is seeking “north of $1 billion” valuation for its data center business as it weighs either a partial sale or a real estate investment trust listing for the assets.May 9, 2024
markets
Japan’s NTT Docomo Joins Mitsui-Led Group in Edotco Bidding, Sources SayJapanese mobile operator NTT Docomo Inc. has joined a consortium led by Mitsui & Co. in the bidding for a majority stake in the tower unit of Malaysia’s biggest wireless firm Axiata Group Bhd., according to people with knowledge of the matter.November 28, 2023
technology
KKR Is Close to Invest $400 Million in Malaysian Sub-Sea Cable Firm OMSKKR & Co. is nearing a deal to invest about $400 million in Malaysian sub-sea cable company OMS Group Sdn., people familiar with the matter said, in what could be the latest transaction in the digital infrastructure industry in Asia.October 25, 2023
technology
Philippines May Be Next Data Center Hub, Globe Telecom CEO SaysGlobe Telecom Inc. expects its biggest data center to be operational in two years as the company capitalizes on growing demand and customers wanting to hedge geopolitical risks, President and Chief Executive Officer Ernest Cu said.September 18, 2023
technology
Telkom Indonesia Is Said to Weigh Sale of Payments Unit StakePT Telkom Indonesia is considering selling a stake in PT Finnet Indonesia that could value the state-owned telecommunications firm’s fintech unit at about $100 million to $150 million, according to people familiar with the matter.July 12, 2023
politics
Philippine Court Again Denies Marcos Family’s Bid to Recover AssetsThe Philippine anti-graft court has upheld an earlier decision denying a petition from President Ferdinand Marcos Jr. and his family to recover nearly two dozen properties and assets earlier seized by the government.May 5, 2023
technology
Axiata’s Tower Arm Shortlists Bidders for $750 Million Stake SaleCVC Capital Partners and I Squared Capital are among bidders shortlisted for a stake in Edotco Group Sdn., the wireless tower business of Malaysian telecommunications group Axiata Group Bhd., according to people familiar with the matter.March 30, 2023