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KKR buys $807m stake in Singtel’s data centre business

The Southeast Asia data centre market is expected to attract investments ranging from US$9 billion to US$13 billion over the next five years, according to the parties.

By João Marques Lima

Founder and Editor, The Tech Capital

3 Mins

September 19, 2023 | 12:22 AM BST

KKR buys $807m stake in Singtel’s data centre business

Arthur Lang, CFO of Singtel. Source: Singtel

The Tech Capital

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).

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João Marques Lima

Founder and Editor, The Tech Capital

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