Data Center News

Korean Firm Solis-IDC plans Billion Dollar investment in India

South Korean firm Solis-IDC recently announced plans to construct a cutting-edge data center in India. Global Forum for Policy and Strategy (GFPS) will facilitate negotiations and representation on behalf of Solis in the Indian market as it looks to invest $2 billion in the country. The compan...

October 06, 2023

South Korea

South Korean Internet company Kakao completes DC construction

South Korean internet company Kakao has revealed that its first in-house data center, Kakao Data Center Ansan, is now completed and is ready for full-scale operation in the first quarter of 2024. The center partially opened in 2021 but officially completed construction on September 26, 2023. I...

October 03, 2023

South Korea

Globe Telecom bags $263m loan for network rollout

Philippines telco Globe has secured a $263 million loan with the Metropolitan Bank & Trust Company to finance its network upgrading and debt refinancing. In a press statement, the company had invested $660 million in Capex in the first half of this year. This investment was noted to be 25 ...

October 02, 2023

Philippines

Webel to construct new DC in West Bengal, India

West Bengal Electronics Industry Development Corporation Limited (Webel) is considering a new data center in Siliguri, the Indian state of West Bengal. This new data center will be Webel’s third facility focused on promoting the IT and electronics industries in the Indian state. A senior offi...

October 02, 2023

India / Bhārata

CapitaLand Launches Massive Data Center in Hyderabad, India

CapitaLand Investment Limited (CLI) recently began working on its 40MW data center in Hyderabad, India. The company announced that it has started operations for the first phase of the newly redeveloped International Tech Park at the IT hub of Madhapur.CLI hosted a ceremony celebrating the camp...

September 28, 2023

India / Bhārata

Philippines-based Telco Dito Secures $3.9bn Loan for Network Expansion

Philippines-based telcommunity Dito secured a 15-year $3.9 billion loan to fund the rollout of its network expansion through its parent company, Dito CME Holdings, from a group of multinational banks. The company announced that about $1.5 billion will be diverted towards repaying another loan ...

September 25, 2023

Philippines

DataVolt intends to construct a data facility in Dhaka, Bangladesh.

DataVolt, a new Saudi company, is planning a data center campus outside Dhaka, Bangladesh. Local media report that the company intends to invest $100 million to construct a data center on three acres of land in the Bangabandhu Hi-Tech City in the Kaliakair district of Gazpur. The announcement ...

September 19, 2023

Bangladesh

KKR is to pay $807 million for a stake in SingTel's regional data centre operation

On Monday, SingTel announced that KKR will buy a 20% share in its regional data center business for $806.87 million. SingTel and KKR said in a joint statement that the agreement values SingTel's regional data center business at $4.03 billion and will be utilized to develop in Southeast Asian c...

September 19, 2023

Asia-Pacific (APAC)

EdgeConneX secures $403.8m sustainability-linked financing for Indonesia data center

EdgeConneX has shared that it has secured $403.8 million in sustainability-linked financing (SLF). This loan is for its 120MW data center campus development in Jakarta, Indonesia.The deal leverages EdgeConneX's Sustainability Strategy and will reportedly use offshore US dollar borrowing. It re...

September 14, 2023

Indonesia

Indosat Ooredoo Hutchison is considering selling its fiber assets for $1 billion.

Indosat Ooredoo Hutchison (IOH) is contemplating selling its Indonesian fiber assets. The Indonesian telco is reportedly assessing its strategy for its fiber business, as Bloomberg reported last week. The assets could be valued at more than $1 billion, according to Bloomberg, which reported in...

September 14, 2023

Indonesia

SK ecoplant plans new 120MW data center campus

SK ecoplant has shared plans for a new 120MW data center campus and landing station in Pohang, South Korea. This will reportedly be the first in Pohang City, and will see four data centers developed with a capacity of 30MW each, to be built by 2027.This comes following the signing of an invest...

September 11, 2023

SK ecoplant: Pohang

Axiata's tower subsidiary Edotco completes the acquisition of PLDT towers

Axiata Group is done with the transfer of the remaining towers from PLDT's subsidiaries to its Philippine subsidiary. Thus, the Malaysian company has finalized an agreement to acquire and lease back 2,710 sites. The company declared that the final transfer of the six sites under its agreement ...

September 11, 2023

Philippines

Nvidia joins with Jio for 2,000MW AI data facilities, Tata for AI cloud in India

Nvidia has partnered with Reliance Industries and Tata Group, India's two largest firms by market cap. The two companies will construct internal and external AI supercomputers and cloud platforms using Nvidia hardware. With Reliance, Nvidia will construct AI infrastructure "over an order of ma...

September 07, 2023

India / Bhārata

Sydney, Australia data facility occupied by TPG Telecom available for purchase

TPG Telecom is selling part of its Sydney, Australia, data center and office space. Interest submissions can be submitted to Colliers for 30 Ross Street in the Forest Lodge neighborhood until October 3. The building is an "infrastructure-quality asset" with a working data center and extra offi...

September 06, 2023

Australia

Indian real estate developer Anant Raj proposes 300MW data center footprint

The Indian real estate development company Anant Raj will enter the data center industry. The company announced on its social media and local publications that it will invest $1.2 billion to develop up to 300MW capacity in the county. The company has set up Anant Raj Cloud Pvt. Ltd. as a subsi...

September 05, 2023

India / Bhārata

The Guam government will construct a Tier IV data center on the island

To enhance Internet quality, the government of Guam intends to construct a solar-powered Tier IV data center on the island. In addition, it intends to construct a new government data center on the University campus. This week, the Office of the Governor revealed the Guam Five-Year Action Plan ...

September 01, 2023

Guam

Guam University to receive new government data center

A new government data center is proposed for the campus of the University of Guam. The government intends to construct a two-story, 15,000-square-foot data center/Office of Information Technology facility. The endeavor will see an investment of $15 million.The report notes that the 1992-built ...

September 01, 2023

Guam

Solar-powered data center to heat surfing lagoon in New Zealand

In New Zealand, Aventuur, a leisure park developer, has shared plans to heat a surfing lagoon using a solar-powered data center. The company is already in the process of building a surf park in Perth, Australia, which, it has outlined, is set to open in 2025. In Auckland, meanwhile, it's plann...

August 31, 2023

New Zealand

GTA receives clearance for new Guam cable landing station

Guam-based telecommunications company GTA TeleGuam has been permitted to construct a new cable landing station (CLS). In May, GTA submitted plans to construct a new CLS in Inalhan, southeast of the island. The Guam Daily Post reported last week that the Guam Hybrid Land Use Commission granted ...

August 31, 2023

Guam

APL Investments plans 150MW Kyushu data center facility

A new campus in the Japanese prefecture of Kyushu is being built by a US investment company that plans to expand into the data center industry. According to Nikkei Asia, the U.S.-based investment firm Asia Pacific Land (APL) intends to construct a $845 million facility in Kitakyushu. Per repor...

August 29, 2023

Asia-Pacific (APAC)

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