SR Johor report
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Frontier Markets

DC REIT Equinix adds Malaysia to global investment portfolio

Equinix, Inc. (Nasdaq: EQIX) has announced its market entry into Malaysia with plans to build a new International Business ExchangeTM (IBX) data centre located in Johor, called JH1. With an initial investment of approximately US$40 million, JH1 is scheduled to begin operations in Q1 2024, provid...

December 01

Cassava’s ADC to set up Rwanda data centre

Africa Data Centres said it will build its first data centre in Kigali, Rwanda, to meet growing demand in the region. The facility will have 2MW of IT load and will break ground in the first quarter of 2023. Chief executive Tesh Durvasula, who took to the role last February, said: "Our decision to build a data centre in Kigali was an easy one, given Rwanda's robust econo...

November 29

PLDT mulls extra tower sale 7 months after $1.47bn divestiture

Philippian telco PLDT Inc. (PSE: TEL) (NYSE: PHI) is currently studying preliminary offers for a portfolio of 2,000 towers as it comes close to removing all such assets from its portfolio. The transaction is expected to take place fairly quickly and comes just seven months after the group’s subsidiaries, Smart Communications, Inc. and Digitel Mobile Philippines, Inc., sig...

November 23

Helios Investment Partners buys data centre shares in Africa

Private equity group Helios Investment Partners has entered into agreements to make two investments in Africa as capital inflow accelerates on the continent where cloud services usage continues to grow. The firm will acquire majority stakes in Maroc Datacenter (MDC), a carrier-neutral data centre in Morocco and in IXAfrica Data Centre Limited, a developer and operator of hy...

November 21

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