Chinese e-commerce and public cloud market player Alibaba Group Holding Ltd. (NYSE: BABA) will deploy more than US$1 billion in the construction of a logistics unit and data centre in Türkiye. The investment will erect the logistics hub at Istanbul’s airport whilst the cloud facility will be located near Ankara, in Temelli, a small town southwest of the Turkish capital, ...

Turkish telecommunications giant Turkcell said it is gearing up to push forward with the initial public offering (IPO) of its tower business. In a markets update, the operator told investors that its Board of Directors has decided to initiate the preparation process for the IPO of a certain amount of shares of Kule Hizmet ve İşletmecilik A.Ş. (Global Tower), in which it ...

US data centre real estate investment trust (REIT) Equinix (NASDAQ: EQIX) said it is currently undertaking US$1.51 billion investments to expand its footprint across 16 countries covering 23 major metros. The largest expansion slice resides in the EMEA region, where $823 million are being deployed. This includes projects in London, Paris, Milan, Frankfurt, Muscat, Genoa,...