DCD Magazine #62 - The coming wave
Will compute at sea sink or swim?
Will compute at sea sink or swim?
A delegation led by the data center developer’s CEO “voiced interest” in strengthening cooperation with the Egyptian government
The investment would cover the construction and long-term management of the project
The initiative backs the country’s strategy for data centers and cloud computing
The 4MW facility is located at the intersection of three redundant optical crossroads
The company already has operational data centers in Saudi Arabia and Thailand
The first facilities are expected to begin construction this year
Initiative aligns with Oman Vision 2040 to diversify away from oil
The agreement was part of an official visit by an Omani delegation
The fund is targeting $2bn of investment to develop and operate data center infrastructure
Announcement coincides with the appointment of Luca Beltramino as IDA’s new president
A pilot manufacturing facility is expected to be operational by 2028
“There are no new developments in this area,” the telco said in a statement
Aims to accelerate the expansion of critical data center capacity in the country
Potential deal could value the company at more than $500 million
Investment package aims to reduce the country's digital divide
The pact brings Tigo's possible merger with ColTel closer to fruition
Customers of both operators will have access to a state-of-the-art fiber optic network
The financing will also enable the Millicom subsidiary to acquire specialized equipment