Underlining the continuing effect of the AI boom on Asia, Thailand has reportedly approved an estimated US$2.7 billion of investments in data centres and cloud services from both local and foreign firms.
Private equity firm KKR & Co will invest US$400 million in telecoms tower operations in the Philippines, according to an announcement made by the US Department of Commerce this week.
Xavier Niel-owned company Atlas Investissement announced it is discussing whether to table an offer for Millicom, a move to expand its reach into Latin America.