December 09, 2024 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...
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December 05, 2024 Australia
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 AI...
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December 05, 2024 Asia-Pacific (APAC)
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 includes...
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December 03, 2024 China
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...
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November 26, 2024 Australia
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’s...
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November 23, 2024 South Korea
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...
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November 23, 2024 Japan
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...
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November 20, 2024 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$1.03...
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November 18, 2024 China
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 company's...
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November 18, 2024 Asia-Pacific (APAC)
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...
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November 11, 2024 Australia
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...
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October 26, 2024 Australia
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...
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October 21, 2024 Malaysia
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. The...
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October 21, 2024 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...
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October 15, 2024 Australia
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...
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October 10, 2024 Sydney
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 to...
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October 09, 2024 New Zealand
A large-scale data center powered by hydrogen is reportedly being planned in New Zealand by Mobii Green and North Rakaia. Mobii Green Energy founder Kenny Tseng said the first phase of the project will see sovereign funds and international private equity funds invest US$2 billion to develop 850MW...
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October 04, 2024 Hong Kong
Real estate firm Goodman this week said it has completed the third building at its Goodman Tsuen Wan West data center campus and handed over the 50MW facility to Chinese operator GDS.Goodman’s head of Asia, Paul McGarry, said: “This is the latest data center completion at the brand new 225MW...
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September 27, 2024 Indonesia
Indonesian technology company GoTo Group, a provider of ride-hailing and delivery services, has signed five-year deals with Tencent and Alibaba to use their cloud infrastructure services. GoTo will use Tencent's Platform as a Service (PaaS) technology to support its end-to-end ecosystem, while...
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September 26, 2024 Pakistan
Pakistani oil company Mari Petroleum Company Limited (MPCL) has revealed plans to develop data centers across the country as part of an expansion into digital infrastructure. This week the company said it has formed the new digital infrastructure subsidiary with an equity investment of Rs. 10...
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