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SingTel-KKR consortium to invest US$1.3 billion in ST Telemedia Global Data Centres

Summary by Channel News Asia
A consortium of US investment firm KKR and Singapore Telecommunications will invest S$1.75 billion (US$1.3 billion) in ST Telemedia Global Data Centres, one of Asia's biggest data centre providers, the parties said on Tuesday (Jun 18). Reuters reported in late May that the KKR-SingTel consortium had emerge

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Channel News AsiaChannel News Asia
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SingTel-KKR consortium to invest US$1.3 billion in ST Telemedia Global Data Centres

A consortium of US investment firm KKR and Singapore Telecommunications will invest S$1.75 billion (US$1.3 billion) in ST Telemedia Global Data Centres, one of Asia's biggest data centre providers, the parties said on Tuesday (Jun 18). Reuters reported in late May that the KKR-SingTel consortium had emerge

·Singapore, Singapore
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The Straits TimesThe Straits Times
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Singtel-KKR consortium to invest $1.75 billion in data centre provider ST Telemedia GDC

The company's regional data centre business, Nxera, will also be partnering Malaysia telco TM. Read more at straitstimes.com.

·Singapore, Singapore
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The Straits Times broke the news in Singapore, Singapore on Tuesday, June 18, 2024.
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