Rush for data centres, telecoms towers may be boon for telcos

Published Mon, Aug 10, 2020 · 09:50 PM

Singapore

AS THE market heats up for communications assets, one group could be a beneficiary: telcos.

In April this year, Australian telco Telstra completed the sale of its data centre located in Paya Lebar to Hong Kong-based content exchange platform Big Data Exchange for an undisclosed sum. The data centre houses 1,800 racks with a 7.3-megawatt power capacity.

Just last month, Bharti Airtel, an Indian associate of Singtel, announced it would sell 25 per cent of its data centre company Nxtra Data to private equity giant The Carlyle Group for US$235 million.

"At one time, telcos thought they could seamlessly add data centre and cloud businesses to their existing operations. The running of data centre and telco business…