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Ayala readies P1.87-B team-up with Singtel thru Globe

Summary by Inquirer

MANILA, Philippines – Globe Telecom Inc. has agreed to form a P1.87-billion joint venture (JV) with a Singtel Group subsidiary to ramp up cloud, data and artificial intelligence services in the Asia-Pacific region. In a disclosure on Thursday, the Ayala-led company said Singapore-based NCSI Holdings Pte. Ltd. will own 51 percent of Globe’s information technology

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Inquirer

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Ayala readies P1.87-B team-up with Singtel thru Globe

5 days ago·Manila, Philippines

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Latestly

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NCS Establishes Joint Venture with Globe Telecom, To Acquire a Majority Stake in Yondu, Globe's Technology Solutions Arm

Get latest articles and stories on Business at LatestLY. Singapore, March 27: Technology services firm NCS today announced that it is expanding its Asia Pacific footprint through a joint venture with Globe Telecom in the Philippines. NCS has reached an agreement with Globe to acquire a majority stake in Globe's IT arm Yondu in the Philippines, enabling its global clients to have greater access to digital, cloud, data and AI services. Business Ne…

6 days ago

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ABS-CBN

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Globe partners with tech services giant to grow tech unit Yondu

Globe is entering into a joint venture agrement with technology services firm NCSI Holdings Pte. Ltd. (NCSI) to boost its IT solutions unit Yondu.

6 days ago·Quezon City, Philippines

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CybersecAsia

NCS Establishes Joint Venture with Globe Telecom, To Acquire a Majority Stake in Yondu, Globe's Technology Solutions Arm - CybersecAsia

Joint venture accelerates NCS’ APAC expansion,providing regional and global clients with expanded Global Delivery Network and greater access to Digital, Cloud, Data and AI services. SINGAPORE, March 27, 2025 /PRNewswire/ — Technology services firm NCS today announced that it is expanding its Asia Pacific footprint through a joint venture with Globe Telecom in the Philippines. NCS has reached an agreement with Globe to acquire a majority stake in…

5 days ago

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bworldonline.com

Globe sells 51% of Yondu stake to NCSI - BusinessWorld Online

GLOBE TELECOM, Inc. has entered into a joint venture with Singapore-based NCSI Holdings Pte. Ltd. (NCSI) by selling a 51% stake in its subsidiary Yondu, Inc. In a stock exchange disclosure on Thursday, the Ayala-led telecommunications company said it had agreed to sell 51% of its stake in Yondu to NCSI. Globe said the resulting joint venture will have an enterprise value of P1.87 billion. Under the agreement, NCSI will acquire Yondu shares from…

6 days ago

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