Global Switch teams with China Telecom to launch $640m data center

China Telecom and Daily Tech have partnered with Global Switch to launch a new HK$5 billion ($640 million) data center in Hong Kong.

The new facility will be one of Hong Kong’s largest carrier and cloud neutral multi-customer data centers, according to Global Switch, offering low latency connectivity in a network dense environment.

The data center will be located in Tseung Kwan O (TKO) Industrial Estate, part of the Hong Kong Science and Technology Park development. It will provide 71,000 square meters of space with 100MVA power supply, and will sit adjacent to the TKO cable landing station.

The data center will deliver a cloud and IT ecosystem for the region, offering access to a variety of products, services and features, including: resilient power and cooling solutions; colocation services, networking services (internet, MPLS, IEPL, CDN and cross-connect services); biometric security, network security services including anti-DDoS; and supporting services.

Deng Xiaofeng, CEO of China Telecom Global, said: “CTG is focused on leading the development of world-class network services to facilitate our customers’ demands for globalization and digitalization.

“We see tremendous business potential in the coming years as more and more people will be connected to the Internet. Leveraging our cooperation partners’ complementary strengths and strategic collaboration, we will continue to provide high-value services to build a brighter future for globalization and informatization.”

The data center is also near the Hong Kong Stock Exchange hosting facility, and will offer customers a hub for growth and a gateway into one of Asia’s most dynamic regions, Global Switch said.

To view the full article visit Capacity Media

 

China Telecom, Daily-Tech and Global Switch Sign Game-Changing Agreement for Data Center Industry

HONG KONG, CHINA–(Marketwired – Apr 25, 2017) –  A game-changing co-operation framework agreement focused on data centre construction has been signed by China Telecom, one of the world’s largest providers of integrated telecommunication services, Global Switch, the leading owner, developer and operator of large-scale, carrier and cloud neutral data centres in Europe and Asia Pacific, and Daily-Tech, a developer and operator of data centre infrastructure across China.

The agreement enables China Telecom and its partner Daily-Tech to draw on Global Switch’s already significant data centre capacity, services, development and management expertise outside China, ensuring their growing customer base continues to receive world-leading, resilient and mission critical data centre infrastructure, facilities and services as they expand into global markets.

Global Switch currently operates 10 data centres in key connectivity hubs across Europe and Asia Pacific, providing around 300,000 square metres of state of the art technical space. It currently has operations in Amsterdam, Frankfurt, London, Madrid, Paris, Hong Kong, Singapore and Sydney.

Under the terms of the agreement, the trio of businesses will enter into various co-operation arrangements with respect to data centre facilities, including: collaboration in developing new markets, adding to Global Switch’s international footprint and capacity; joint marketing of services; one-stop service and system access; as well as data centre, network and systems integration services.

For all of the companies involved, this agreement provides a transformative platform from which to drive ongoing growth and expansion. China Telecom (CT) and Daily-Tech are boosting their competitiveness by ensuring secure and quality data centre capacity for customers on an international scale, while Global Switch has an opportunity to support and help grow CT’s extensive customer base worldwide, but remains a large-scale, carrier and cloud neutral, multi-tenant data centre provider.

The global and substantive nature of the arrangement also reaffirms a commitment from three leading and experienced businesses, to play an important role in delivering China’s Belt and Road initiative, by underpinning the international expansion of Chinese companies.

The agreement was officially signed in Hong Kong on 25 April 2017 in a ceremony attended by: Deng Xiaofeng, Chief Executive Officer of China Telecom Global; Li Qiang, Chief Executive Officer of Daily-Tech; and, John Corcoran, Chief Executive Officer of Global Switch. Simon and David Reuben, Directors and long-term core shareholders in Global Switch, were also present at the ceremony, reflecting the importance of the occasion for customers, the three businesses, and the wider data centre industry.

The terms of this framework agreement clearly establish the co-operation intentions of the three companies involved. Going forward, each business will negotiate the appropriate details and form of co-operation for specific agreements that they enter into.

At the signing ceremony, Deng Xiaofeng, Chief Executive Officer of China Telecom Global, said: “We are delighted to enter into this worldwide relationship with two of the data centre industry’s leading providers. This pioneering and important agreement will ensure our customers receive quality and secure data centre infrastructure, facilities and services as they expand internationally, as well as boosting CTG’s competitiveness in new markets. We are also pleased to be taking another significant step forward in delivering against the objectives of China’s Belt and Road initiative.”

Li Qiang, Chief Executive Officer of Daily-Tech, added: “This is an innovative, enabling and global cooperation agreement between three large-scale businesses with significant experience. It will offer new and secure growth opportunities to our strategic customers, and reaffirms our collaborative approach towards overseas expansion, by finding and sharing opportunities with mutual benefits. Ultimately, we aspire to serve more Chinese and international customers by working together.”

John Corcoran, Chief Executive Officer of Global Switch, said: “The signing of this agreement is a testament to Global Switch’s considerable strength, experience and reliability as an international, large-scale, carrier and cloud neutral data centre owner, developer and operator. It represents another core building block in our future growth strategy, and is a further demonstration of the springboard and connectivity we can offer to companies seeking to expand within a secure, professionally managed and world class environment.”

To view original press release, please visit Yahoo Finance