09-10-2015, 05:24 PM
(09-10-2015, 11:26 AM)Dividend Knight Wrote:Let me chip in:(08-10-2015, 02:55 PM)CityFarmer Wrote: Data centers are badly needed for the booming cloud-based services...
Singtel invests in new $400 mil data centre in Jurong
SINGAPORE (Oct 8): Singapore Telecommunications is making its biggest data-centre investment in Singapore to date, with a new $400 million facility in Jurong.
The Tier 3-Plus data centre, which has a gross floor area of about 570,000 square feet, will meet growing demand for co-location and cloud services here, Singtel says. It will be completed in 3Q2016.
Bill Chang, CEO, Group Enterprise, Singtel, says: "This new data centre is designed to meet the critical hosting needs of the financial services industry, government agencies, and cloud and Internet service providers. It enables Singtel to attract and host world-class cloud players in Singapore and position the country as a global hub for cloud computing and innovation."
The new plant will be equipped with a power capacity of up to 36 megawatts, one of the highest power densities in the region.
At 12.22pm, Singtel was up one cent at $3.76.
http://www.theedgemarkets.com/sg/article...tre-jurong
Judging from SingTel's venture into new sectors such as cyber-security and cloud-based services, I think it is a better combination of dividend + growth stock compared to Starhub and M1. Furthermore, cyber-security and cloud services have a synergistic relationship with the traditional core Telco services.
In contrast, some of the recent actions of Starhub lack synergy to its core business.![]()
(Vested in all 3 telcos)
Both m1 and starhub have their own datacentre as well, and I believe they will be on track to fill up their dc.
From a supply demand perspective, demand for cloud services currently outstrip supply. However, that may change in the future.. Most mnc have already settled their infrastructure requirements, and the global economy is facing headwinds in general. More likely companies will face eroding margins in this field with lots of competition from multiple areas.
(vested in starhub and working in a foreign telco company)
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