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AyalaLand and PAG’s FLOW to build data centres in Asia

Real estate group AyalaLand Logistics Holdings Corp. (ALLHC; PSE: ALLHC), a subsidiary of Ayala Land, Inc. (ALI; PSE: ALI) and FLOW Holdings I Philippines Pte. Ltd., the vehicle of FLOW Digital Infrastructure, have entered into a partnership to jointly develop data centres across the Philippines. ...

October 06

EQT-funded EdgeConneX launches in the Philippines with Aboitiz InfraCapital data centre JV

US hyperscale data centre operator EdgeConneX has entered into a joint venture (JV) with Aboitiz InfraCapital (AIC), the infrastructure arm of the Aboitiz Group, to develop a network of hyperscale data centers across the Philippines. The first two data centers will be deployed in the Manila metro area, with a connectivity-focused facility adjacent to the local internet exch...

October 05

Philippines’ Globe Telecom offloads another tower portfolio for $340m

Philippines’s operator Globe Telecom (PSE:GLO) has sold more than a thousand towers for PHP20 billion (~US$340 million) to Phil-Tower Consortium. According to Reuters, the transaction encompassed 1,350 real estate assets in central and southern Philippines. Shares of the company closed .18% on the previous day following the news giving the company a market capitalisati...

September 27

Philippines opens China Telecom-backed data centre

Philippines telecommunications provider DITO Telecommunity has opened a data centre facility in Batangas designed to improve local digital infrastructure and enhance data services. The DITO Super Core Data Center as the project is known, is a Tier III facility and has been developed in partnership with DITO’s parent company DITO CME Holdings Corp, Udenna and China Telecom...

September 19

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