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Asia Direct Cable set to link seven shores by end of 2023

The Philippines' PLDT has begun construction of the 9,400-kilometre Asia Direct Cable (ADC). The construction of the subsea system will commence in the Philippines and target completion of all landing links is end of 2023. When completed, ADC will link seven international cable landing points across East and Southeast Asia from Batangas, Philippines to Tuas, Singapore; C...

November 28

DigitalBridge snaps up Malaysian data centre group for $440m

DigitalBridge Group, Inc. (NYSE: DBRG) has acquired an ownership stake in AIMS Group (AIMS) from Malaysian telecoms firm TIME dotCom Berhad (TDC) (KLSE: TIMECOM) by funds affiliated with DigitalBridge Investment Management. As part of the 2-billion-ringgit (US$437.64 million) transaction, TIME will sell 49% of the ordinary shares and 100% of the irredeemable convertible pre...

November 23

In the cockpit of digital evolution

Turning the world’s largest aerospace manufacturing company into a tech-first enterprise is no easy task. From processes to delivery, barriers to development are always up in scenarios where the “if it is not broken, do not try to fix it”-mentality prevails. However, with the world rapidly becoming digital, that way of thinking is being rightly challenged from the smalle...

November 14

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