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Developing Markets

The Tech Capital STT mulling $1bn pre-IPO raise for data centre business

STT’s data centre unit, STT Global Data Centers (STT GDC), is mulling a US$1 billion raise as it considers an initial public offering (IPO). The group, backed by Singapore’s state-owned investment firm Temasek Holdings, is rumoured to have already held conversations with potential advisers o...

May 18

The Tech Capital Flō Networks seals American Tower’s Mexico fibre portfolio acquisition

Digital infrastructure operator Flō Networks (formerly known as Transtelco) has completed the acquisition of American Tower’s Mexico Fiber business, ATC Holding Fibra México, S. de R.L. de C.V., (known commercially as redIT) and its fibre optic network. The portfolio includes a presence in over 40 cities throughout Mexico. The combined company will have over 20,000 m...

May 09

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