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Philippines' PLDT in advanced talks with foreign buyer for $1bn data centre business

Whilst an announcement is now expected in July, industry sources have speculated that negotiations might involve the Japanese telecommunications giant, NTT.

By João Marques Lima

Founder and Editor, The Tech Capital

3 Mins

June 12, 2024 | 1:51 PM BST

Philippines' PLDT in advanced talks with foreign buyer for $1bn data centre business

Manuel Pangilinan, PLDT chairman president, and CEO

The Tech Capital

The Philippines' telecommunications conglomerate, PLDT Inc., is on the cusp of finalising a deal to divest a considerable stake in its data centre operations.

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João Marques Lima

Founder and Editor, The Tech Capital

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