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Thailand

The Tech Capital Thailand’s largest data centre to date to open in 2024

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...

The Tech Capital Asia Direct Cable set to link seven shores by end of 2023

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

The Tech Capital DigitalBridge snaps up Malaysian data centre group for $440m

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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