HMC Capital announces strategic acquisition of Global Switch Australia to seed Global DigiCo Platform and Equity Raise
HMC Capital Limited (ASX: HMC) [HMC] announced today [24 October 2024 AEDT] key initiatives to establish a global digital infrastructure platform (Global DigiCo Platform) comprising the global DigiCo Infrastructure REIT (DigiCo REIT). It is intended to list this platform on the ASX alongside a new institutional Unlisted Fund. HMC reports that it has agreed terms […]
China’s Telecommunications Market Opens Up to Foreign Investors
China has announced a pilot program allowing foreign companies to invest in internet data centers (IDCs) and online data processing and transaction processing in Beijing, Shanghai, Hainan, and Shenzhen. The move, announced by the Ministry of Industry and Information Technology (MIIT), marks a significant expansion of foreign investment opportunities in the country’s rapidly growing digital […]
Spark forges its own data centre path
In contrast to many telcos globally, New Zealand operator Spark has made accelerating its data centre business a core strategy and is now well positioned to capture its share of this market’s growth. W.Media sat down with Spark Data Centres customer and growth lead Matt Ryan to discuss the operator’s ambitions in the space. W.Media: […]