ST Telemedia Global Data Centres (STT GDC) Data Center News

STT GDC expands into Vietnam

ST Telemedia Global Data Centres (STT GDC) is expanding into Vietnam and has announced a joint venture partnership with Vietnamese technology company VNG Corporation for the “development, construction, and operation of data center projects in Ho Chi Minh City.”“We are thrilled to partner with ...

May 18, 2024

ST Telemedia Global Data Centres (STT GDC)

PLDT secures green loan for fiber network expansion

Philippines Long Distance Telephone Company (PLDT) has secured a green loan from Metropolitan Bank & Trust Co. (Metrobank) worth 4 billion pesos ($69 million). Proceeds from the loan will be used toward expanding PLDT's fiber footprint, as it seeks to "narrow the country's digital divide, ...

May 08, 2024

Philippines

Alibaba extends cloud price cut to international customers

Alibaba has revealed that it is now slashing its prices by as much as 59 percent for customers "from the US to Singapore." This comes shortly after the company's March 2024 announcement that it would be cutting cloud costs for its Chinese customers by up to 55 percent with the hope of winnin...

April 09, 2024

Singapore

Asia-Pacific plans new data center acquisitions

Singaporean real-estate firm Asia-Pacific Strategic Investments Limited (APS) this week announced plans to acquire a 100 percent stake in Taiwanese sustainable data solutions provider, Mobii Genius Co., Ltd., for US$150 million. “Creating green data processing and storage facilities is of par...

April 08, 2024

Singapore

Philippines conglomerate SMIC explores move into data centers

Philippines conglomerate SM Investments Corporation (SMIC) announced that it is looking at moving beyond retail redevelopment into data centers, and is planning at least one development in Batangas, south of Philippines capital Manila. SMIC president and CEO Frederic DyBuncio said to the pres...

March 07, 2024

Philippines

Telkom Indonesia consolidates Singapore data centers

Telkom Indonesia has consolidated its Singapore data centers under one umbrella unit ahead of a potential sale. The company wrote on LinkedIn that this marks a “significant milestone in our journey toward becoming a regional powerhouse in the data center industry,” “The rationale behind this ...

March 05, 2024

Singapore

Empyrion DC secures S$133 million green loan

Empyrion DC, a Singapore-based data center operator, has secured a green loan worth S$133 million (US$98 million) to refinance its SG1 Dodid data center in Singapore, with proceeds used to “support existing operations” at the 12.5MW facility. This financing was provided by the UOB bank. Mark ...

February 27, 2024

Singapore

Virtus reveals plans for new campus in Buckinghamshire, UK

UK data center company Virtus, owned by STT GDC and Macquarie Asset Management, announced plans for a new campus in Saunderton, Buckinghamshire, as it revealed the acquisition of a 50-acre plot in the village, located near High Wycombe and north of existing data center hub Slough. Virtus CEO N...

February 20, 2024

ST Telemedia Global Data Centres (STT GDC)

Singapore-based startup receives $12.5 million in funding for electricity transformers

Singapore-based startup Amperesand, which makes SSTs that could replace standard transformers in electricity distribution, has been given $12.5 million in funding to develop solid-state transformers (SSTs), which could make electricity grids more efficient and flexible. "We are thrilled to par...

February 09, 2024

Singapore

ST Telemedia GDC raises $338 million in SLP securities

Singapore's ST Telemedia Global Data Centres (STT GDC) announced this week that it has raised $338.14 million in sustainability-linked perpetual securities. This loan falls under the company's $1.13bn multicurrency debt issuance program will be used for "general corporate purposes" such as th...

January 11, 2024

ST Telemedia Global Data Centres (STT GDC)

Singapore considers making data centers and clouds "critical infrastructure"

Singapore’s government is currently contemplating marking data centers and clouds as "critical infrastructure,” and extending oversight to cloud service providers and data center operators. A decision in this regard is expected to be made by January 15, 2024. Currently, the Cybersecurity Age...

December 22, 2023

Singapore

Seraya Partners reaches goal of $800 million APAC funding

Singapore-based Seraya Partners has closed an $800 million fund dedicated to digital infrastructure and energy transition investments. Half of the fund has already been dedicated to three companies: data center operator Empyrion DC, offshore wind vessel operator Cyan Renewables, and solar, win...

December 14, 2023

Singapore

Mitratel acquires over 800 towers from Gametraco for $113 million

Jakarta-based PT Dayamitra Telekomunikasi Tbk (Mitratel) revealed last week that it recently acquired 803 towers from infrastructure operator PT Gametraco Tunggal for around $113 million. The Telkom Indonesia subsidiary noted that this acquisition includes 1.327 tenants, confirming that 562 ...

December 03, 2023

Jakarta

STT GDC completes 1.2MW DC campus in Makati City

ST Telemedia Global Data Centres Philippines has completed the construction of a 1.2MW data center in Makati City, the Philippines. This new facility on the outskirts of Manila, has a capacity for around 100 racks and can support loads between 5kW and 12kW. Operations. Carlo Malana, president ...

October 31, 2023

ST Telemedia Global Data Centres (STT GDC)

6Estates launches Nvidia DGX BasePOD for AI offerings

Singaporean large language model provider 6Estates recently launched an Nvidia DGX BasePOD based on Nvidia GCX H100 systems to develop its AI offerings. The company will use this BasePOD for its "Model Solutions" offering, which provides users with personalized large language models. The clust...

October 11, 2023

Singapore

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

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

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

STT GDC plans to construct a third facility in Bangkok, Thailand

ST Telemedia Global Data Centres (STT GDC) Thailand is constructing its third data center in Bangkok, Thailand. STT Bangkok 3 will be located in the One Bangkok district and will have 2MW of IT capacity when it opens at the end of 2023, as is currently scheduled. This facility will join the ot...

August 14, 2023

ST Telemedia Global Data Centres (STT GDC)

STT GDC to team up with leading universities in the Philippines

ST Telemedia Global Data Centres (STT GDC) Philippines, a joint venture of Globe, Ayala Corporation, and Singapore-based ST Telemedia Global Data Centres, has announced that it is partnering up with some of the country's top universities. Collaborating with De La Salle University, the Univers...

July 25, 2023

ST Telemedia Global Data Centres (STT GDC)

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