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Singtel among key telco players in SEA that can expand revenue streams through data centres: Bloomberg Intelligence

Felicia Tan
Felicia Tan • 5 min read
Singtel among key telco players in SEA that can expand revenue streams through data centres: Bloomberg Intelligence
“Southeast Asia (SEA) presents opportunities for data centre investments… [We] essentially expect capacity to rise by 11% to 28% a year on average from 2022 to 2028,” says analyst Chris Muckensturm. Photo: Bloomberg
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Data centres have been experiencing a surge in demand with the rapid rise of artificial intelligence (AI) and enterprises moving to digitalisation, says Bloomberg Intelligence analyst Chris Muckensturm.

“Southeast Asia (SEA) presents opportunities for data centre investments… [We] essentially expect capacity to rise by 11% to 28% a year on average from 2022 to 2028,” she adds.

In her presentation during Bloomberg Intelligence’s media roundtable on June 13 (check), Muckensturm sees the region emerging as an “attractive destination” for investments due to its neutral position amid geopolitical tensions and its high internet penetration rate. Southeast Asia’s youthful demographic that’s driving digitalisation and data consumption is another factor, Muckensturm notes.

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