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PLDT exploring new investment avenues for data centre business
The group has budgeted P80 billion to P85 billion in 2023 for capital expenditures (CAPEX), slightly less than in 2022.
By João Marques Lima
Founder and Editor, The Tech Capital
3 Mins
March 29, 2023 | 8:53 PM BST
PLDT president and chief executive Alfredo Panlilio. Source: PLDT
Philippine telecommunications, internet, and digital service holdings company PLDT Inc. (NYSE: PHI) has confirmed it is in conversations with financial advisers with the intent to potentially take on new investment directed towards its data centre business arm, ePLDT VITRO Data Centers.
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