Best practices for digital infrastructure businesses impacted by SVB's collapse
The sudden and unexpected closure of Silicon Valley Bank (SVB), which managed US$212 billion in assets, has sent shockwaves through the financial community hav...
IT infrastructure and services company NTT Ltd has announced a THB 3 billion (approx. US$90 million) investment through NTT Global Data Centers Corporation for the development of what it claims will be the largest data centre in Thailand. The Bangkok 3 Data Center (BKK3) will begin operations in...
March 21
Private-equity-backed Indian data centre operator CtrlS Datacenters Limited said this Sunday that it is planning to foray into several new markets in Southeast Asia and the Middle East. The company confirmed it is actively exploring opportunities in Saudi Arabia, UAE, Bangladesh, Thailand, Malaysia, and Vietnam. Founded in 2007, CtrlS today operates over one million squa...
January 16
The Philippines' PLDT has begun construction of the 9,400-kilometre Asia Direct Cable (ADC). The construction of the subsea system will commence in the Philippines and target completion of all landing links is end of 2023. When completed, ADC will link seven international cable landing points across East and Southeast Asia from Batangas, Philippines to Tuas, Singapore; C...
November 28
DigitalBridge Group, Inc. (NYSE: DBRG) has acquired an ownership stake in AIMS Group (AIMS) from Malaysian telecoms firm TIME dotCom Berhad (TDC) (KLSE: TIMECOM) by funds affiliated with DigitalBridge Investment Management. As part of the 2-billion-ringgit (US$437.64 million) transaction, TIME will sell 49% of the ordinary shares and 100% of the irredeemable convertible pre...
November 23
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