Singapore Telecommunications (SingTel), the largest telecom operator in Southeast Asia, has announced that it has sold a 20% stake in its regional data centre business to global investment firm KKR for S$1.1 billion ($806.87 million). The deal values SingTel’s data centre business, which operates in Singapore, Indonesia, and Thailand, at S$5.5 billion ($4.03 billion). SingTel…
SYDNEY, AUSTRALIA: iCandy Interactive Limited (ASX: ICI) has entered into a Share Purchase Agreement to acquire 51% of Southeast Asia-based games development, polishing and licensing company, Digital Games International Pte. Ltd. (Storms). iCandy is acquiring 51% of Stor ms for a total consideration of AUD 8 million, which will be settled via the issuance of…
SINGAPORE: Singtel’s wholly owned subsidiary, Optus Satellite Pty Limited has incorporated a wholly owned subsidiary in Australia known as Optus Space Systems Pty Limited. Optus Space has an issued and paid-up capital of A$2 and its principal activity is provision of satellite telecommunications services. The directors of Optus Space are Kevin Kilraine and Benjamin White….
SINGAPORE: Singtel is officially awarded the 3.5GHz and the millimetre wave spectrum as part of the 5G licence issued by the Infocomm Media Development Authority. This paves the way for Singtel’s nationwide 5G rollout that will not only massively boost the quality of connectivity of its services but set the stage for extensive digital innovation…