Close Menu
    Facebook LinkedIn YouTube Instagram X (Twitter)
    Blue Tech Wave Media
    Facebook LinkedIn YouTube Instagram X (Twitter)
    • Home
    • Leadership Alliance
    • Exclusives
    • Internet Governance
      • Regulation
      • Governance Bodies
      • Emerging Tech
    • IT Infrastructure
      • Networking
      • Cloud
      • Data Centres
    • Company Stories
      • Profiles
      • Startups
      • Tech Titans
      • Partner Content
    • Others
      • Fintech
        • Blockchain
        • Payments
        • Regulation
      • Tech Trends
        • AI
        • AR/VR
        • IoT
      • Video / Podcast
    Blue Tech Wave Media
    Home » NCS acquires majority stake in Yondu
    NCS-acquires-majority-stake-in-Yondu
    Company Stories

    NCS acquires majority stake in Yondu

    By Kayla ZhangMarch 31, 2025No Comments2 Mins Read
    Share
    Facebook Twitter LinkedIn Pinterest Email
    • Singapore’s NCS to acquire a 51% stake in Philippine IT services firm Yondu.
    • Transaction valued at approximately $33 million, with Yondu to be renamed NCS Philippines.

    What happened: NCS expands Philippine presence with Yondu acquisition

    NCS, the technology services arm of Singapore Telecommunications (Singtel), plans to acquire a 51% stake in Yondu Inc. This company is the IT services subsidiary of the Philippine telecommunications firm Globe. Under the agreement, Globe will keep the remaining 49% interest in Yondu. Additionally, Yondu will buy NCSI Philippines, a subsidiary of NCS, for about $14.4 million. This purchase will make NCSI a wholly owned unit. The total transaction values the joint venture at 1.87 billion pesos (around $33 million). After the deal, the new entity will be renamed NCS Philippines, pending regulatory and customary approvals.

    This strategic move will increase NCS’s workforce in the Philippines from 150 to over 1,200 employees. It will enhance the company’s Global Delivery Network and improve access to digital, cloud, data, and AI services. Yondu brings over two decades of experience, offering services such as custom software development, managed security services, e-commerce solutions, cloud services, and ready-to-use platforms.

    Also read: Verizon, Singtel and Skylo join forces to expand global IoT connectivity
    Also read: Singtel’s Nxera secures $476M for AI-ready data centre

    Why it is important

    The acquisition of a majority stake in Yondu represents a significant step in NCS’s strategy to strengthen its presence in the Asia-Pacific region. By integrating Yondu’s established capabilities in the Philippine market, NCS aims to enhance its service offerings and address the growing demand for digital transformation solutions across various sectors.

    This move aligns with NCS’s recent expansion efforts, including acquisitions in Australia to bolster its digital services portfolio. The collaboration with Globe also signifies a partnership between leading telecommunications entities in Southeast Asia, potentially fostering further regional integration in the technology services industry.

    Acquisition IT services NCS Yondu
    Kayla Zhang

    Kayla is a community engagement specialist at BTW Media, having studied English language studies at University of Malaya. Contact her at K.Zhang@btw.media.

    Related Posts

    Ofcom shortens complaint window, telcos voice objections

    July 14, 2025

    T-Mobile drops DEI programmes as FCC scrutiny intensifies

    July 14, 2025

    Britain and France back Eutelsat with $1.65B to rival Starlink

    July 14, 2025
    Add A Comment
    Leave A Reply Cancel Reply

    CATEGORIES
    Archives
    • July 2025
    • June 2025
    • May 2025
    • April 2025
    • March 2025
    • February 2025
    • January 2025
    • December 2024
    • November 2024
    • October 2024
    • September 2024
    • August 2024
    • July 2024
    • June 2024
    • May 2024
    • April 2024
    • March 2024
    • February 2024
    • January 2024
    • December 2023
    • November 2023
    • October 2023
    • September 2023
    • August 2023
    • July 2023

    Blue Tech Wave (BTW.Media) is a future-facing tech media brand delivering sharp insights, trendspotting, and bold storytelling across digital, social, and video. We translate complexity into clarity—so you’re always ahead of the curve.

    BTW
    • About BTW
    • Contact Us
    • Join Our Team
    TERMS
    • Privacy Policy
    • Cookie Policy
    • Terms of Use
    Facebook X (Twitter) Instagram YouTube LinkedIn

    Type above and press Enter to search. Press Esc to cancel.