Philippine telecommunications, internet, and digital service holdings company PLDT Inc. (NYSE: PHI) has confirmed it is in conversations with financial advisers with the intent to potentially take on new investment directed towards its data centre business arm, ePLDT VITRO Data Centers. “We have had exploratory discussions with them [financial advisers] and just really fe...

The Asia Pacific region has closed 2022 with 31 digital infrastructure deals worth a record US$20.7 billion. According to Inframation’s data, Australia took the largest portion of the capital activity with eight transactions valued at US$5.7 billion. This was followed by the Philippines with seven deals across broadband, data centres, fibre optics, subsea cable and wir...

Megawide Construction has signed a Shareholders’ Agreement with Singapore-headquartered digital infrastructure builder Evolution Data Centres (EDC) to design, build and operate a Php16.5 billion (US$300 million) data centre in the Philippines. The project in Cavite is Megawide’s first investment in the digital infrastructure arena. The group is controlled by tycoon Edga...