Tata Comm to sell 74% stake in data center biz to ST Telemedia
Singapore Technologies Telemedia (ST Telemedia) through ST Telemedia Global Data Centres (STT GDC) will acquire a 74% majority stake in Tata Communications’ data centre business in India and Singapore, according to an official statement. Tata Communications said that it will remain as a significant shareholder, holding the remaining 26% stake in the businesses. The joint venture will include Tata Communications’ fourteen data centres in key cities across India and its... Read More