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DXN (ASX:DXN) signs two new contracts worth a combined $1M


DXN (ASX:DXN) signs two new contracts worth a combined $1M
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Data centre specialist DXN (DXN) has signed two contracts with Sub.Co and Solomon Islands Submarine Cable Company (SISCC) worth a combined $1 million
The first contract, signed with Sub.Co and worth $650,000, will see DXN build a Cable Landing Station at Cocos Keeling Island
This will be part of the Oman Australia Cable system, a 9800-kilometre system of undersea cables connecting Perth to the capital of Oman in the Middle East
Cable Landing Stations are typically the point where undersea cables meet on-land networks and play an important role in powering and protecting the underwater cables ....

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Singapore's Digital Edge announces plans to expand platform footprint in South Korea


KUALA LUMPUR, April 4 (Bernama): Digital Edge (Singapore) Holdings Pte Ltd (Digital Edge) has announced plans to expand its regional footprint to South Korea by entering into a definitive agreement to acquire Sejong Telecom’s data centre assets in an all-cash transaction.
Digital Edge is a leading data centre platform, established to transform the digital infrastructure in Asia and backed by Stonepeak Infrastructure Partners.
At closing, Digital Edge will acquire one data centre in Gangnam, Seoul and a Cable Landing Station facility in Centum City, Busan, according to a statement.
The addition of these strategic assets, including their associated operations and customers, marks the Company’s initial entry into the Korean market and further strengthens its regional platform. ....

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Digital Edge to Expand Platform Footprint in South Korea


Digital Edge to Expand Platform Footprint in South Korea
Thursday, April 1, 2021 3:39PM IST (10:09AM GMT)
Acquires two data centers in South Korea and forms a long-term strategic alliance with Sejong Telecom
 
Singapore:
 
Digital Edge (Singapore) Holdings Pte. Ltd. (“Digital Edge” or the “Company”), a leading data center platform, established to transform the digital infrastructure in Asia and backed by Stonepeak Infrastructure Partners, today announced plans to expand its regional footprint to South Korea by entering into a definitive agreement to acquire Sejong Telecom’s data center assets in an all-cash transaction. At closing, Digital Edge will acquire one data center in Gangnam, Seoul and a Cable Landing Station facility in Centum City, Busan. The addition of these strategic assets, including their associated operations and customers, marks the Company’s initial entry into the ....

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