ABS-CBN, once The Philippines largest broadcast group, said Thursday that it would sell its internet and broadband division Sky Cable to PLDT, the country’s biggest telecoms company. The transaction ...
PLDT—a unit of Indonesian billionaire Antoni Salim’s Hong Kong-based First Pacific—is in negotiations for the sale of a stake in its data center business to Luxembourg-based private equity firm CVC ...
PLDT remains fundamentally strong with stable revenues, improved margins, and robust liquidity but faces slowing growth and intensifying competition. Negative market sentiment and weak technicals are ...
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