Tata Communications said it is investing US$430 million to expand in the Asia Pacific (APAC) region. The investments include developing the Tata Communications Exchange, a new world-class Internet Data Center (IDC), and the completion of the main segment of its TGN-Intra Asia Cable System, both of which become integral parts of the Tata Global Network (TGN).
Construction is planned for a flagship data center in Singapore that is expected to enter service in 2010. The Tata Communications Exchange is being developed in partnership with Mapletree Industrial Fund (a pan-Asian industrial fund managed by Mapletree Industrial Fund Management Pte Ltd (MIFM)). MIFM is a wholly-owned subsidiary of Mapletree Investments Pte Ltd, a leading Asian real estate and capital management company based in Singapore. The new facility will deliver colocation, managed hosting, managed storage and value-added services.
Tata Communications also announced the completion of the main segment of its USD 250 million TGN-Intra Asia cable system. The multi-terabit system spans 6,700 km that connects Singapore, Hong Kong, Japan, Vietnam and the Philippines. It increases data and voice reliability by providing new route diversity for traffic generated throughout and into APAC. Tata Communications is partnering with Globe Telecom and EVN Telecom to expand the TGN-Intra Asia Cable System into the Philippines and Vietnam respectively.
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