Singtel and KKR have reached a definitive agreement under which a fund managed by KKR will commit up to S$1.1 billion (~US$800 million) for a 20% stake in Singtel’s regional data center business. This investment puts the enterprise value of Singtel’s overall regional data center business at S$5.5 billion. KKR will have the option to increase its stake to 25% by 2027 at the pre-agreed valuation.

Read more: KKR to Acquire 20% Stake in Singtel’s Data Centre Business

The demand for faster and more reliable internet speeds has never been greater. To meet that demand, Gateway Fiber announced a speed increase for two of its existing packages and the launch of its groundbreaking multi-gig fiber internet service, providing area customers with an unprecedented online experience at speeds up to 2 gigabits per second (Gbps).

Read more: Gateway Fiber Customers to Benefit from Faster Internet Speeds

Cinturion Corp. Ltd., a global provider of scalable, subsea and terrestrial capacity-based network solutions, has executed a Memorandum of Understanding (MoU) agreement with du, from Emirates Integrated Telecommunications Company (EITC), one of the leading providers of fixed line, mobile, internet and digital services across the UAE.

Read more: du to Host Cinturion’s TEAS Submarine Cable in UAE

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