PLDT VITRO Davao News

Philippines conglomerate SM Investments Corporation (SMIC) announced that it is  looking at moving beyond retail redevelopment into data centers, and is planning at least one development in Batangas, south of Philippines capital Manila. SMIC president and CEO Frederic DyBuncio said to the pres...

Philippines telco Globe has secured a $263 million loan with the Metropolitan Bank & Trust Company to finance its network upgrading and debt refinancing. In a press statement, the company had invested $660 million in Capex in the first half of this year. This investment was noted to be 25 ...

Philippines-based telcommunity Dito secured a 15-year $3.9 billion loan to fund the rollout of its network expansion through its parent company, Dito CME Holdings, from a group of multinational banks. The company announced that about $1.5 billion will be diverted towards repaying another loan ...

Axiata Group is done with the transfer of the remaining towers from PLDT's subsidiaries to its Philippine subsidiary. Thus, the Malaysian company has finalized an agreement to acquire and lease back 2,710 sites. The company declared that the final transfer of the six sites under its agreement ...

PLDT Inc subsidiary, ePLDT, has announced that it has plans to increase data center market capacity with the introduction of its twelfth, set to offer at least 100 MW of capacity. Through this move, the company will further boost its 65% data center market capacity.Details regarding the locati...

PLDT, a Philippine telecommunications company, is considering the construction of a 12th data center within the country. Victor S. Genuino, president and CEO of ePLDT, disclosed the company's intention to construct a new 100MW facility while delivering the keynote address at the W. Media Phili...

Under an agreement with Frontier Tower Associates Philippines for a sale and leaseback, PLDT has consented to sell slightly over 1,000 communication towers. The agreement, which would likely cost the Filipino telecom company $220 million, continues the company's plan to market its tower assets...

Diode Ventures and ENDEC have announced their partnership to build two data centers on the island of Luzon, the Philippines, in Tarlac province and New Clark City. Although details around the development are yet to be shared, Presidential Communications Office (PCO) secretary Cheloy Garafil sa...

AyalaLand Logistics Holdings Corp (ALLHC) has announced that it has partnered up with FLOW Digital Infrastructure through a framework agreement to develop carrier-neutral data centers in the Philippines. According to the two companies, the first stage of the rollout will deliver a 4.5MW-capaci...

According to the Philippine Daily Inquirer, PLDT is having second thoughts over the sale of its data center unit. The Philippine telco has eased off its decision to sell its data center business after completing a deal to divest its cell tower asset. PLDT revealed earlier in the month that it ...

PLDT has begun working on a new data center outside Manila, the Philippines. The Philippines telco revealed plans for the 100MW facility in Santa Rosa last month. It had a ceremony earlier in the week to celebrate the groundbreaking at the site. The ceremony was led by The President and CEO...

PLDT is making great strides in its decision to dispose of its tower portfolio. The company's CEO, Alfredo Panlilio, has revealed that PLDT has received great offers from companies, with six firms now in a bid to trump the other. Panlilio did not reveal the potential buyers. He, however, noted...

The Ayala Group, with its telco arm Globe Telecom, has entered a partnership with ST Telemedia Global Data Centers (STT GCD), to construct and operate data center projects in the Philippines. The $350-million joint venture partnership will see STT GDC and the Ayala Group subscribe to new share...

PLDT has announced that it is to build a 100MW data center in Santa Rosa, in the Philippines. This will be its 11th data center, named Vitro Sta. Rosa, and will be built on a five-hectare plot, making it the country's largest facility to date. Designed to be Tier III certified and Tier IV read...

In light of Singapore announcing that going forward, it will be more selective about the data center projects it accepts, experts forecast that the Philippines will likely absorb some of the data center demand from Singapore. In a recent briefing paper, Santos-Knight Frank (SKF) Occupier Solut...

PLDT has announced that it has partnered with Mpower, a local energy firm, to become more sustainable and decarbonize its portfolio. Mpower will provide the renewable energy from its greenfield renewable energy plants. According to reports, Mpower will provide a “significant portion” of the co...

PLDT Inc has announced that it has plans to build the Philippines’ biggest data center. Although the size and location of the facility are yet to be released, according to the company, its capacity will be greater than its 10 VITRO data centers together. It will be Tier-3 certified and Tier-4 ...