Globe Telecom Partners in $6.6B Data Center Acquisition

If you’ve noticed your apps, cloud storage, or streaming services feeling faster or more reliable, big changes behind the scenes are underway. Globe Telecom’s data center partner, ST Telemedia Global Data Centres, is changing hands after global investors agreed to take full control in one of Asia’s largest digital infrastructure deals.

KKR and Singapore-based Singtel are buying the remaining 82 percent stake from ST Telemedia for S$6.6 billion (P300 billion). The deal values the company at roughly S$13.8 billion once debt and committed capital spending are included. After the transaction, KKR will control 75 percent of STT GDC, with Singtel holding 25 percent.

Founded in 2014 and headquartered in Singapore, ST Telemedia Global Data Centres runs data centers across 12 markets in Asia Pacific, the UK, and Europe. It currently has 2.3 gigawatts of design capacity and another 1.7 gigawatts in the development pipeline.

In the Philippines, STT GDC partners with Globe Telecom and operates multiple facilities nationwide. The venture just opened its first data hall at STT Fairview 1 with a 1-megawatt customer deployment, while continuing work at STT Cavite 2. Plans are in place to expand total capacity to as much as 150 megawatts in the coming years, meaning faster, more resilient digital services for businesses and consumers alike.

For everyday users, this isn’t just corporate maneuvering. Bigger, modernized data centers could mean fewer slowdowns during video calls, cloud lag, and online gaming bottlenecks. Businesses could also scale operations faster, giving local startups and big companies alike an edge in a hyperconnected economy.

The sale signals that global investors see the Philippines as a serious player in digital infrastructure, and that your next download or upload may be backed by billions in high-tech power.