Singtel and Hitachi, Ltd. (TSE: 6501) have entered into a new Memorandum of Understanding (MOU) to collaborate on developing next-generation data centers and GPU Cloud infrastructure in Japan, aiming to accelerate the digital transformation of enterprises through the adoption of artificial intelligence (AI). This agreement expands on the companies’ existing partnership, combining Singtel’s expertise in […]
Singtel, a premier communications technology group in Asia, and global investment giant KKR have cemented a deal wherein KKR will invest up to S$1.1 billion ($800 million) for 20% ownership in Singtel’s regional data centre business. This transaction places the enterprise value of Singtel’s regional data centres at an estimated S$5.5 billion. First-Time Collaboration and […]
Macquarie Asset Management said that on behalf of its managed funds alongside its co-investors, has agreed to sell 100% of Axicom to Australia Tower Network (ATN) from AustralianSuper and Singtel for AUD 3.58 billion ($2.68 billion). Axicom is an Australian mobile towers owner that operates nearly 2,000 telecommunication sites in metro as well as outer-metro […]
Singapore Telecommunications (Singtel) has acquired a stake of around 16.26% in Bank Fama International, an Indonesian bank, for IDR 500 billion ($35 million). The transaction was carried out by its fully-owned subsidiary — Singtel Alpha Investments by purchasing 2.4 billion new shares issued by the Indonesian bank. According to Singtel, the cash consideration was determined […]