Korean Telecoms Face Challenges to Meet 2030 Emissions Target
A report shows the amount of greenhouse gas emissions from Korea’s three major telecommunications companies increased significantly as a result of growth in their data center business. The sustainability management report by each of the telecom companies of SK Telecom, KT, and LG Uplus showed the emissions amounted to more than 3.66 million tCO2e last […]
Capturing Data Center Opportunities in Malaysia to Drive Earnings Growth
VSTECS Berhad, a distributor for Information & Communication Technology (ICT) products, aims to capitalise on data center opportunities in Malaysia to support its earnings growth. VSTECS Berhad, listed on the Main Market of Bursa Malaysia Securities Berhad, believes that the anticipated growth in data center investments within the country, propelled by the presence of hyperscale […]
CapitaLand Ascendas REIT Completes Acquisition of Tier 3 Data Center Facility in UK
CapitaLand Ascendas REIT (CLAR) has announced the successful finalization of its acquisition of a Tier III colocation data center facility located in Watford, North-West London, United Kingdom. The facility was acquired from an independent global data center operator for £119.4 million (approximately S$199.9 million). CLAR effectively procured the property via its subsidiary, Ascendas Reit (Europe […]