Indosat and BDx Indonesia land data centre acquisition deal
Mon 22 Jan 2024
Indosat Ooredoo Hutchison and BDx Indonesia have secured a data centre acquisition deal.
BDx Indonesia will acquire a portfolio of carrier-neutral colocation and edge sites across key Indonesian cities. This move aligns with the Indonesian Government’s Digital Roadmap.
BDx Indonesia is a joint venture involving Indosat, BDx Data Centers (BDx), and Lintasarta.
Expanding Indonesia’s Digital Infrastructure for Enhanced Connectivity
The acquisition includes strategic sites connected to domestic and international subsea cables in cities like Jakarta, Surabaya, Batam, Medan, Makassar, Bandung, and Semarang.
This expansion is backed by three Indonesian banks – BCA, Bank Permata, and Bank Bukopin – providing debt support to BDx Indonesia.
Vikram Sinha, President Director and CEO of Indosat Ooredoo Hutchison, said: “This transaction underscores our dedication to building a sustainable business and propelling Indosat’s evolution from Telco to TechCo.”
The transaction is valued at £131,744 (2,625 billion IDR or $167,710).
Sinha emphasised the role of this partnership in contributing to Indonesia’s technological advancement and digital future.
The newly acquired portfolio will add to BDx Indonesia’s interconnected ecosystem, enabling interconnections among enterprises, cloud providers, and various digital services. The aim is to accelerate hybrid digital transformations and enhance the digital experience for businesses, technology companies, and internet users across Indonesia.
BDx Indonesia is set to significantly expand and upgrade the current portfolio to meet global BDx operating standards, offering substantial deployment opportunities for critical workloads.
Post-transaction, BDx Indonesia will have an IT capacity of over 150MW across Indonesia, including a new 15MW facility near Jakarta and a 100MW hyperscale campus at Suryacipta, East Jakarta.
BDx Indonesia has already significantly expanded and upgraded the four data centres in Jakarta and West Java that were transferred in 2022, with one site ready for high-density AI workloads powered by green hydropower and equipped with sustainable liquid cooling technology. Its Batam site can also be developed to cater for spillover demand from Singapore.
Mayank Srivastava, CEO of BDx, said: “This acquisition is a testament to BDx Indonesia’s commitment to the country’s digital future. It is also an endorsement of the technical and operational capabilities of BDx that provided the confidence to our partner to sell their entire portfolio of data centre and edge sites to us.”
This partnership between Indosat and BDx Indonesia aims to drive the digital economy in Indonesia, especially in rural areas, fostering financial inclusion and wealth creation.
The collaboration aligns with Indosat’s transformation from a traditional telecom service provider to a technology-oriented company, focusing on creating sustainable and innovative digital solutions.