Page 68 - Data Centre News Today

Pande joins the data center firm with a 23-year experience in the investment banking industry in the US and India. In his new role, he will be leading the finance and corporate development functions at CtrlS and will be responsible for expanding the company’s growth across India and international markets in a profitable and sustainable way.

The global specialist in energy management and automation, Schneider Electric, is now working with global distribution company Ingram Micro in New Zealand. The formal alliance in New Zealand builds on the work the two companies have done together globally ...

The company added that it has also flagged off the development of a 40-megawatt (MW) data centre inside the tech park. The data centre will have a built-up area of 0.3 msf.

NEXTDC Limited (OTCMKTS:NXDCF – Get Free Report)’s share price traded down 3.6% during trading on Monday . The stock traded as low as $7.68 and last traded at $7.68. 486 shares changed hands during trading, a decline of 51% from the average session volume of 985 shares. The stock had previously closed at $7.97. NEXTDC […]

(Reuters) -Singapore Telecommunications (SingTel) said on Monday global investment firm KKR will acquire a 20% stake in SingTel's regional data centre business for S$1.1 billion ($806.87 million). The deal puts the enterprise value of SingTel’s overall regional data centre business at S$5.5 billion ($4.03 billion) and the funds will be used to expand the data centre's business across Southeast Asian markets, including Singapore, Indonesia and Thailand, SingTel and KKR said in a...

Singtel: The deal comes amid growing global investors demand for infrastructure assets across Southeast Asia, lured by the regions growth prospects and the sectors stable and long-term returns.

Inaugurated by Hon. Henry McMaster, Governor, South Carolina$56m USD investmentCommitment to drive USrural broadband build and enable the BEAD visionSTL (NSE: STLTECH), aleading global optical and digital solutions company, today formally announced

Latest news, analysis and opinions from the Daily FT, Sri Lankas only national business newspaper. ..

Global investment firm KKR will acquire a 20% stake in Singapore Telecommunications (SingTel) regional data centre business for S$1.1 billion ($806.87 million). SingTel and KKR said the deal will be used to expand the data centres business across Southeast Asian markets. KKR has the option to increase its stake to 25% by 2027.

Globe Telecom Inc. expects its biggest data center to be operational in two years as the company capitalizes on growing demand and customers wanting to hedge geopolitical risks, President and Chief Executive Officer Ernest Cu said.