KKR buys $807m stake in Singtel’s data centre business
Singapore Telecommunications, popularly known as Singtel, Southeast Asia's largest telecom operator, has sold a 20% stake in its regional data centre business to U.S. private equity giant, KKR, for S$1.1 billion (US$807 million). According to a joint company statement, the deal puts the enterpri...
September 19
Huawei, ITU form partnership over Southeast Asia digital inclusion
Huawei Technologies (Thailand) Co., Ltd. and the International Telecommunication Union (ITU) signed a Joint Declaration to drive digital development and inclusive growth in Thailand. The two parties vowed to boost collaboration in six key areas across the country and the Asia Pacific, including co-building open and high-level dialogue platforms in Information and Communicat...
September 18
How Asia is building $100bn worth of data centre facilities
The Asia Pacific data centre industry is expected to attract nearly US$100 billion in investment over the next five years to develop more than 3.6GW of hosting capacity. Markets such as India, China, Japan, and South Korea alone are set to add billions of dollars in development, with Southeast Asia now also making headlines as new projects break ground and buildings are brough...
August 29
STT GDC, Frasers Property JV building new data centre in Southeast Asia
APAC data centre operator ST Telemedia Global Data Centres (STT GDC) has announced plans to build a third facility in Thailand. The development will be constructed by its subsidiary, ST Telemedia Global Data Centres Thailand (STT GDC Thailand), a joint venture between Frasers Property Limited (FPL) and STT GDC. Dubbed STT Bangkok 3, the facility is slated for opening by ...
August 11
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