Tata Communications announces USD 430 million investment in Asia Pacific

Activating the globe - commemorating Tata Communications' strategic investment in Asia. (L-R): Vinod Kumar, Chief Operating Officer, Tata Communications; Dr Beh Swan Gin, Managing Director, Singapore Economic Development Board; Leong Keng Thai, Deputy Chief Executive and Director-General (Telecoms & Post), Infocomm Development Authority; Subodh Bhargava, Chairman, Tata Communications; and N Srinath, Chief Executive Officer, Tata Communications
Leading communications provider, Tata Communications, recently announced its plan to invest S$666 million (US$430 million) in Asia-Pacific. Part of this investment includes the development of the Tata Communications Exchange, a world-class Internet Data Centre (IDC) in Singapore.
To be built at a cost of S$279 million (US$180 million), the centre will be housed in a green-certified facility at the Paya Lebar Business Park and will commence operations next year. The centre is expected to hire 50 staff, and will serve the communications needs of both service providers and enterprises in Asia-Pacific with a focus on the financial and media sectors.
According to Dr Beh Swan Gin, Managing Director, Singapore Economic Development Board, Tata's projects will result in more companies routing and hosting their data in Singapore, creating a cycle that will aid the growth of the Republic's telecommunications industry.
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