Indosat-BDx's Joint Venture Heats Up Data Center Competition

By Editorial Team 13/05/2022
data center
Summary

PT Indosat Ooredoo Hutchison Tbk (ISAT) formed a partnership with PT Aplikanusa Lintasarta, PT Starone Mitra Telekomunikasi (SMT), and Big Data Exchange (BDx) from Hong Kong to build a data center. The four companies signed a conditional sale and purchase agreement (CSPA) and a joint venture agreement. The value of the joint venture company is estimated at US$300 million after the CSPA completion. Through this strategic agreement, BDx will collaborate with Indosat and Lintasarta to build a new database.

BDx Chief Executive Officer Braham Singh said the data center would serve to fulfill the needs of cloud computing infrastructure in Indonesia. "This joint venture adds Asia-Pacific leading market to the BDx database portfolio that will continue to grow," Singh said on Thursday.

Indosat Corporate Secretary Billy Nikolas Simanjuntak said this cooperation would be complemented by a series of commercial and operational agreements. This agreement allows both parties to collaborate in developing Starone as a leading data center company in Indonesia.

Register now and get free access.

If you want to get free access to our Daily Insights and Weekly Digest, please click "Sign up" button below. If you already have an account, please login.

Sign up
Log in
What do subscribers receive?

As a subscriber, you'll receive daily insights, weekly business digests, and quarterly industrial reports.

What kind of pieces will i get?

In-depth reports on assumption and impact analysis, as well as update and trends mapping, written by our credible and experienced analysts.

And, there is something else…

Register now and get free access, click here to register. Feel free to contact us with any additional questions you have.