CtrlS signs MoU to set up Data Center in Uttarakhand, India
CtrlS Datacenters Ltd., a major player in Asia’s data center market, has signed a Memorandum of Understanding (MoU) with the government of Uttarakhand, a hilly state in northern India, to set up a greenfield Edge data center there. The MoU was signed in the presence of Uttarakhand Chief Minister Pushkar Singh Dhami and CtrlS Data […]
Colt completes US$ 1.8 Billion acquisition of Lumen EMEA
Colt Technology Services, a major global player in the digital infrastructure space has completed its acquisition of Lumen EMEA in a deal worth US$ 1.8 Billion. The exclusive agreement between Colt and Lumen Technologies Ltd covers the purchase of Lumen’s business in Europe, Middle East and Africa (EMEA). According to a statement released by Colt, […]
China Poised to Reach 1 Billion 5G Connections by 2025
John Hoffman, the CEO of GSMA Ltd., an international mobile operator association, stated that China is poised to have 1 billion 5G mobile connections by 2025. China has actively embraced 5G technology, especially in vertical sectors, where it has introduced innovative business models to promote widespread adoption across various industries. This proactive approach has accelerated […]
South Korean Online Platform Naver Unveils Hyperscale Data Center in Sejong
Naver, the South Korean online platform, has inaugurated its second data center, GAK Sejong, in the special self-governing city of Sejong. The facility aims to drive technological innovation and boost business expansion centered around AI and cloud computing. According to Naver’s CEO, Choi Soo-yeon, hyperscale data centers have gained recognition as vital infrastructure for technological […]