July 18, 2024 Philippines
A-Flow Properties I Corp. (A-Flow), a joint venture between Ayala Land, Inc. and PAG’s Flow Digital Infrastructure has secured P2.4 billion ($41.1m) loan agreement to fund the development of a data center outside Manila, the Philippines. This loan is to be used for the initial phase of the first...
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June 26, 2024 India / Bhārata
Indian data center firm Yotta, the data center unit of Nidar Infrastructure Limited is to go public on the Nasdaq following a definitive merger agreement with Cartica Acquisition Corp. "Through its Yotta data centers, Nidar is India's leading data center provider for AI and high-performance...
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June 21, 2024 India / Bhārata
The Indian Farmers Fertiliser Cooperation Ltd (IFFCO) has revealed plans to use Oracle Cloud Infrastructure (OCI) for drone-based fertilizer spraying and has built a cloud-native application on Oracle Cloud that enables farmers to easily book, view, and manage drone-based spraying of IFFCO nano...
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May 18, 2024 ST Telemedia Global Data Centres (STT GDC)
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...
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May 08, 2024 Philippines
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, but...
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April 09, 2024 Singapore
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 winning...
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April 08, 2024 Singapore
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...
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March 25, 2024 India / Bhārata
Police in India have arrested nine people for stealing cell tower equipment worth 60 lakh across Telangana state. The gang stole a variety of equipment from various sites, including Remote Radio Units (RRUs), Remote Radio Heads (RRHs), Base Band Units (BBUs), and cell tower cable wires of Bharti...
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March 09, 2024 India / Bhārata
Singapore's Singtel has sold an 0.8 percent stake in Indian telco Bharti Airtel for S$950 million ($710m) to US-based investment firm GQG Partners, trimming it’s stake in the company from 29.8 percent to 29 percent. The company plans to invest the funds in data centers and IT services. "Last...
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March 08, 2024 India / Bhārata
Colt Data Centre Services (Colt DCS) this week announced the acquisition of a 10-acre plot in Chennai, Tamil Nadu for a new data center development. The company had previously revealed its intention to expand into India last year with a large campus in Mumbai. In September it then said it was...
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March 07, 2024 Philippines
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 press,...
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March 05, 2024 Singapore
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...
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February 27, 2024 Singapore
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...
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February 20, 2024 ST Telemedia Global Data Centres (STT GDC)
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 Neil...
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February 19, 2024 India / Bhārata
Indian startup PlanckDot, a start-up specializing in Edge data centers, has secured $1.6 million in funding from high-net-worth angel investors for its Edge data center roll-out. According to the company’s website, it builds and deploys digital infrastructures and EV charging stations. Its...
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February 09, 2024 Singapore
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...
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January 11, 2024 ST Telemedia Global Data Centres (STT GDC)
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 the...
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December 22, 2023 Singapore
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 Agency...
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December 14, 2023 Singapore
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, wind,...
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December 03, 2023 Jakarta
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 of...
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