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Philippines’ PLDT mulls $800m data centre platform sale

The country’s largest telco is currently under investigation and facing a shareholder lawsuit in the US but expects the capital raise to contribute to minimise the impact of spending overrun which generated the legal fallout.

By João Marques Lima

Founder and Editor, The Tech Capital

3 Mins

February 23, 2023 | 12:57 PM GMT

Philippines’ PLDT mulls $800m data centre platform sale

The Tech Capital

The Philippines telecommunications and digital infrastructure operator PLDT Inc. (NYSE: PHI) is reportedly mulling the partial sale of its data centre portfolio.

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João Marques Lima

Founder and Editor, The Tech Capital

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