PLDT Inc. said it is studying fresh monetization options for its data center portfolio and idle assets, as the telecom giant moves to manage debt levels and unlock value from non-core properties.
In a clarification to the stock exchange, PLDT confirmed it is evaluating strategies to optimize its data center business — a high-growth segment boosted by rising demand from cloud, hyperscaler, and AI workloads. Among the options on the table are a potential listing of a real estate investment trust (REIT) vehicle or a sale of a minority stake in the business.
“As of this writing, no final decision has been made on the matter,” PLDT told the Philippine Stock Exchange.
The deliberations follow earlier disclosures that PLDT’s data centers, valued at around USD1 billion, have attracted strong interest from regional and global investors. A REIT listing would enable PLDT to recycle capital while retaining control of operations, while a partial stake sale could bring in a strategic partner to accelerate expansion.
Separately, PLDT confirmed it is also assessing opportunities to dispose of idle or non-operating assets as part of its broader plan to strengthen its balance sheet. The company said monetizing unused properties would support its ongoing efforts to manage debt obligations and streamline its asset base.
PLDT cautioned that some statements regarding its plans are forward-looking and subject to risks and uncertainties, noting that actual outcomes may differ.
The moves come as the telecom sector faces heavier capital spending demands from AI-enabled networks, cloud connectivity, and data infrastructure. Analysts say PLDT’s efforts to unlock value from its vast property and data center portfolio could provide additional financial flexibility as it prepares for the next wave of digital growth.
