The data centre is a joint venture with Gulf Energy (GULF) and Singtel’s associate, Advanced Info Service (AIS).
DBS Group Research has kept its “buy” call and $3.15 target price on Singapore Telecommunications, following news that the telco is moving further ahead to become a regional data player.
The telco on Feb 6 announced that it has started the construction of a new data centre in Thailand, with a capacity of 20MW, or more.
