PCCW sells data centres

27 Jul 2021

Hong Kong telecoms and media group PCCW is selling its data centre business to US infrastructure investment firm DigitalBridge for USD750 million. The transaction, which includes data centres in Hong Kong and Malaysia, is being carried out via DigitalBridge subsidiary PowerDC Holdco. PCCW says it intends to streamline its operations to focus on its core technology, IP development and services businesses, including Hong Kong’s dominant fixed and mobile operator HKT.

Hong Kong, PCCW Group