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KKR, Singtel and Tata Communications put data centre company STT GDC India up for sale at over $5.5 billion

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Summary

In a significant move, KKR, Singtel, and Tata Communications are gearing up to offload STT Global Data Centres India, anticipating a valuation that could surpass $5.5 billion. This initiative underscores their intent to bolster capital and refine strategic objectives. With 34 data centres in operation, STT GDC India stands as a leading co-location service provider, well-poised to capitalize on the escalating appetite for data infrastructure amidst evolving tech trends.

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  1. Times of India Center Factuality: Mostly factual IN
    KKR, Singtel and Tata Communications put data centre company STT GDC India up for sale at over $5.5 billion

    In a significant move, KKR, Singtel, and Tata Communications are gearing up to offload STT Global Data Centres India, anticipating a valuation that could surpass $5.5 billion. This initiative underscores their intent to bolster capital and refine strategic objectives. With 34...