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Broadband

PLDT closes USD 40 mln investment in Voyager Innovations

Monday 10 December 2018 | 11:43 CET | News
Philippines operator PLDT has closed the USD 40 million investment of the International Finance Corporation (IFC) and the IFC Emerging Asia Fund in Voyager Innovations. This completes the USD 215 million fund raise into Voyager Innovations that includes USD 175 million from KKR and Tencent announced earlier. PLDT's stake in Voyager Innovations is now below 50 percent, but the company remains the largest single shareholder.

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Categories: Fixed
Companies: PLDT / Tencent
Countries: Philippines
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