Why data is the ‘oil’ of modern M&A
Merger and acquisitions (M&A) are big in tech and have been so in the digital infrastructure space. So much so that the market often says there is way more...
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AyalaLand Logistics Holdings Corp. (PSE: ALLHC), a subsidiary of Ayala Land, Inc. (PSE: ALI) and FLOW Holdings I Philippines Pte. Ltd., the vehicle of FLOW Digital Infrastructure, have signed a framework agreement to develop data centre infrastructure across the Philippines, subject to the terms an...
May 11
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...
May 04
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...
April 20
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...
April 11