Boca Raton-based SBA Communications (NASDAQ: SBAC) and the Philippines’ Department of Trade and Industry (DTI) said SBA will invest 10.76 billion Philippine pesos (US$205 million) in building out its towers infrastructure footprint across the country. The company is set to erect 140,000 towers, in what is SBA’s first play into the Philippines. The investment comes as...

Philippian telco PLDT Inc. (PSE: TEL) (NYSE: PHI) said that its subsidiaries, Smart Communications, Inc. and Digitel Mobile Philippines, Inc., have signed Sale and Purchase Agreements in connection with the sale of 5,907 telecom towers and related passive telecom infrastructure for PHP 77 billion (US$1.47 billion). The winning bidders, a subsidiary of edotco Group and a sub...

The JASH markets in APAC – Japan, Australia, Singapore and Hong Kong – have all emerged as top tier data centre markets and the growth has been driven to a large extent by hyperscale cloud expansion. Elsewhere in APAC, a second tier of markets, of which many are in Southeast Asia, has developed at a slower pace. The Philippines shares many of the same characteristics o...