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The Tech Capital BW Digital, Telin to develop Nongsa-Changi submarine cable system

PT Telekomunikasi Indonesia International (TELIN) and BW Digital have entered into a partnership to develop and construct the Nongsa-Changi submarine cable system linking Batam and Singapore. The memorandum of understanding (MoU) for this joint venture was signed during the International Telecoms Week 2024, held in Washington DC, USA. The Nongsa-Changi cable has been des...

The Tech Capital Telekom Malaysia, Nxera to develop data centres in Malaysia

Telekom Malaysia (TM) and Nxera, the regional data centre arm of Singtel’s Digital InfraCo unit, have revealed plans for a joint venture to establish data centres in Malaysia. The first project under this partnership is a data centre campus in Johor, designed to address the needs of hyperscalers, next-generation AI application providers, and enterprises. Located in Isk...

The Tech Capital ST Telemedia Global Data Centres inks $1.3bn deal with KKR and Singtel

Data centre colocation services ST Telemedia Global Data Centres (STT GDC) has secured S$1.75 billion (~US$1.3 billion) from a consortium led by global investment firm KKR (NYSE: KKR) and Singaporean telecommunications conglomerate Singtel (SGX: Z74). Upon the full exercise of Redeemable Preference Shares (RPS) with detachable warrants, the consortium has committed an addit...

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