Data Center News

INZET and Sustainability Economics sign MoU in Bali

The Amerta Bali Lestari Foundation's INZET unit has signed a Memorandum of Understanding (MoU) with Sustainability Economics for clean energy-powered AI data centers in Bali. Sustainability Economics provides net zero solutions for customers in high-emitting sectors, and is currently exploring...

December 20, 2024

Bali

Doma plans 1.5GW of data centers in Thailand

Doma Infrastructure Group (DIG), which describes itself as a developer of master-planned data center parks, partnered with Silicon Tech Park (STP), a Thai technology park operator to jointly develop three AI-ready green data center parks in the Eastern Economic Corridor (EEC).Clement Goh, DIG ...

December 13, 2024

Thailand / Prathet Thai

Civo launches sovereign cloud region in India

UK-based cloud provider Civo has launched a sovereign cloud region in Mumbai, India as a part of a $25.52 million investment in the country. This investment will see India join Civo's existing regions across Europe, North America, and Asia. Civo said it aims to provide an equitable model of c...

December 13, 2024

India / Bhārata

Telstra fined $1.9m following emergency call failure

Australian mobile network operator Telstra has been fined more than AU$3 million ($1.9m) following its 90-minute Triple Zero outage earlier this year. Thenetwork operator has paid the fine as confirmed by the Australian Communications and Media Authority (ACMA), which said the fine was handed ...

December 13, 2024

Australia

Indosat to expand 4G and 5G network in Indonesia

Telco Indosat Ooredoo Hutchison (IOH) has signed a 4G and 5G deal with network vendor Nokia. Nokia will provide its AirScale equipment portfolio including multiband radio technology and high-capacity baseband solutions, plus its FastMile Fixed Wireless Access (FWA) solutions in strategic regio...

December 09, 2024

Indonesia

Telstra acquires MVNO Boost Mobile

Australian carrier Telstra has acquired MVNO Boost Mobile for a reported AU$145 million (US$94.1m) as confirmed by Boost Mobile founder Peter Adderton via a post on LinkedIn on December 2. Adderton said the deal will enable him to focus on his latest venture, MobileX, a carrier that leverages ...

December 05, 2024

Australia

IHS Towers to sell stake in Kuwait tower unit

IHS Towers has announced a deal to sell its 70 percent stake in IHS Kuwait Limited to Zain Group, with the telco taking back ownership of towers it previously sold. According to IHS, the terms of the transaction reflect an enterprise value of $230 million for the IHS Kuwait portfolio and inclu...

December 05, 2024

Asia-Pacific (APAC)

Vnet to set up data center investment fund with Dajia

Chinese data center operator Vnet is setting up a data center investment fund with Chinese insurance company Dajia. The fund will be jointly operated by Vnet and Dajia subsidiary Dajia Investment Holding Company and will make its first investment in Vnet’s Taicang IDC campus in the Jiangsu pro...

December 03, 2024

China

HMC Capital launches DigiCo REIT

Australia’s HMC Capital has launched its new digital infrastructure investment vehicle, having raised AU$153 million ($100m) more than anticipated in its initial public offering (IPO), and says it is in talks to buy three additional hyperscale data centers in the US.David Di Pilla, HMC Capital...

November 26, 2024

Australia

CPP partners with Pacific AMC for South Korea data center

Pension fund Canada Pension Plan Investment Board (CPP Investments) this week announced a KRW 1 trillion (US$711 million) joint venture with Pacific Asset Management Company (Pacific AMC) to develop carrier-neutral hyperscale data centers in South Korea.“The demand for data centers in Asia Pac...

November 23, 2024

South Korea

Rakuten to deploy Ampere Arm CPUs across data centers

Japan's Rakuten Group is set to deploy Ampere hardware across its data centers. The company is expanding its partnership with Ampere Computing to reduce the power consumption of artificial intelligence (AI) computing.Hironori Yoshida, executive officer and vice director of the cloud platform s...

November 23, 2024

Japan

Keppel looks to buy facilities in Singapore

Keppel DC REIT this week announced the proposed acquisition of two hyperscale data centers at the Keppel Data Centre Campus in Singapore from a joint venture owned by its parent company. Keppel will continue to operate and manage the two facilities post-acquisition.The deal would be for S$1.0...

November 20, 2024

Singapore

Alibaba Cloud revenue up 7% for the quarter

China's Alibaba Group saw its cloud computing business revenue grow by seven percent during Q3 2024. According to Alibaba CFO Toby Xu, AI-related product revenue has achieved triple-digit year-over-year (YoY) growth for the fifth consecutive quarter, which "triggers" more demand for the compan...

November 18, 2024

China

ADIB invests billions into DeepGreenX for green data center development

The Asia Development and Investment Bank (ADIB) has announced a strategic equity investment in DeepGreenX, a green energy and technology firm. ADIB will provide the firm with $140 billion of engineering, procurement, construction, and data management projects and exclusive placement and manage...

November 18, 2024

Asia-Pacific (APAC)

HMC to pay for iseek ahead of data center portfolio listing

MC is set to pay AU$400 million ($264m) for Australian data center operator iseek as it prepares to publicly list its digital infrastructure portfolio in a move that could raise $AU4 billion ($2.64bn). The asset manager will form a new company, DigiCo Real Estate Investment Trust (REIT), which...

November 11, 2024

Australia

Global Switch to sell Australia data center business

Global Switch has agreed to sell its Australian assets to investment manager HMC Capital for AU$2.12 billion (US$1.41bn). This deal for Global Switch Australia Holdings (GSAH) will provide Global Switch with capital to grow other parts of its business, the company said on Thursday morning. The...

October 26, 2024

Australia

Area Group starts construction of Malaysian data center campus

Real estate private equity firm Area Group has begun constructing its 156-acre data center campus in Kedah, northern Malaysia. The firm has now officially purchased the land in a sale and purchase agreement for an undisclosed amount, and begun construction on the first 30-acre parcel of land....

October 21, 2024

Malaysia

Aizo Group and Netrunner plan new data center in Malaysia

Aizo Group has announced plans to build a data center in Sarawak, Malaysia, with Netrunner Sdn Bhd, a special purpose vehicle focused on data center investment in Sarawak. The company will lead the technical development and design of the data center park, which is expected to meet Tier IV stan...

October 21, 2024

Malaysia

DataBank completes $2 billion equity

DataBank has completed a $2 billion equity raise led by Australian superannuation fund, AustralianSuper. AustralianSuper has committed $1.5bn in equity which will see it become a significant minority owner of DataBank and join the company's board of directors."We are delighted to have Australi...

October 15, 2024

Australia

Engineering Firm Woolpert acquires Greenbox Architecture

Engineering and architecture consulting firm Woolpert has acquired Greenbox Architecture. The Sydney-based architectural firm has specialized in data center, commercial, and residential architecture in the APAC region since 2009.“By joining a tech-driven company like Woolpert, we will be able ...

October 10, 2024

Sydney

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