Showing 1 - 10 of 45
Singapore data centre deal valued at US$5.1 billion
Business, Suchit Leesa-nguansuk, Published on 05/02/2026
» Global investment firm KKR, communications technology group Singtel, and ST Telemedia have signed definitive agreements for funds managed by a KKR-Singtel consortium to acquire the remaining 82% stake in ST Telemedia Global Data Centres (STT GDC) from founding shareholder ST Telemedia for a total consideration of S$6.6 billion (roughly US$5.1 billion).
Maybank dubs Thailand the next data centre frontier
Business, Nareerat Wiriyapong, Published on 20/03/2025
» Thailand is emerging as the next data centre frontier in Southeast Asia, supported by Singapore Telecommunications' (Singtel) partnership with SET-listed Gulf Energy Development and potential investment diversification by ByteDance, says Maybank Securities.
AIS head granted additional extension
Business, Srisamorn Phoosuphanusorn, Published on 22/10/2024
» Somchai Lertsutiwong is to remain chief executive of Advanced Info Service (AIS) for another year, after his contract was extended for the second time.
Much hangs on Gulf, InTouch deal
Business, Yuthana Praiwan, Nuntawun Polkuamdee and Komsan Tortermvasana, Published on 18/07/2024
» The planned amalgamation of Gulf Energy Development (Gulf) and InTouch Holdings (INTUCH) is aimed at simplifying the shareholding structure, strengthening the group's financial status and balancing the investment portfolio.
GULF and INTUCH announce a strategic amalgamation
Business, Published on 16/07/2024
» Gulf Energy Development Public Company Limited (GULF) and Intouch Holdings Public Company Limited (INTUCH) have announced a strategic amalgamation to restructure related companies within the group to maximise benefits for future operations and investments, including to simplify their shareholding structure and cultivate new growth opportunities in the energy & infrastructure and digital landscape.
AIS chief expected to remain at the top for another year
Business, Komsan Tortermvasana, Published on 13/12/2023
» Somchai Lertsutiwong, chief executive of Advanced Info Service (AIS), is tipped to continue in the driver's seat at AIS for another year in 2024 after his term expired at the end of 2022.
Ericsson predicts 5G reaching 50% of subscriptions by 2025
Business, Suchit Leesa-nguansuk, Published on 21/03/2023
» Fifth Generation (5G) subscriber numbers in Thailand are projected to reach 50% of total mobile subscriptions by 2025 thanks to monetisation models and more affordable smartphones, says Swedish networking and tech firm Ericsson.
SET contending with myriad negative factors
Business, Tisco Securities, Published on 11/03/2023
» The SET index was hit by round after round of negative news in February. The index declined 49.11 points to end the month at 1,622.35, its lowest close for the month. Average trading volume fell 7.3% from January to 63.2 billion baht as sentiment weakened.
New 20MW data centre breaks ground
Business, Published on 08/02/2023
» Gulf Energy Development, Singapore Telecommunications (Singtel) and Advanced Info Service (AIS) have started construction of a new data centre with a capacity of more than 20 megawatts.
Banking on virtual success
Business, Somruedi Banchongduang, Sirivish Toomgum, Komsan Tortermvasana and Suchit Leesa-nguansuk, Published on 23/01/2023
» Leading companies in the financial, tech and telecom sectors have expressed interest in developing a virtual bank business, with the aim of exploring greater opportunities in the digital era.