PLDT in talks with bidder for data center unit stake

By The Manila Times

Jun 12, 2024 12:40 am

PLDT Inc. is nearing a deal to sell a 49-percent stake in its data center business to a foreign firm for over $1 billion.

'[W]e're talking to the final bidder at this stage,' PLDT Chairman and President Manuel Pangilinan told reporters on Tuesday at the sidelines of the company's stockholders' meeting.

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