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Get to UsSK Telecom to split into two, keep data center business
2022-09-08
South Korean telco SK Telecom this week announced its plans to split the company into two and spin-off most of its subsidiaries into a holding company. The company said the ‘surviving’ SK Telecom will continue with SK Broadband, the second-largest broadband service provider in Korea, and expand in digital business areas such as cloud, data center and subscription-based services. The spin-off company will focus on investment activities, including both domestic and overseas semiconductor companies. It will also house the likes of chip company SK Hynix, e-commerce company 11StreetCo, and ride-sharing app T Map Mobility. In a statement, the company said the spin-off will allow the company’s investment activities to ‘be proceeded in a swifter manner’ and promote IPOs of its subsidiaries. The spin-off is due to be completed before the end of the year.
China Mobile completes phase II of Slough data center in UK
2021-12-30
First announced in 2019, the Slough data center was the company's first in Europe, and at the time its only one in the European Union. The company opened a data center in Frankfurt, Germany, earlier in the year... “This was a gold standard for China Mobile International and we successfully achieved all of their KPIs, completing the design and delivery needed to support this client in a completely different market with different types of contracting arrangements,” said Daniel Wright, director at Concert. As well as site feasibility study, Concert assisted with lease negotiations, shell design, and budgeting changes including introducing a mezzanine floor. Concert also worked with China Mobile’s in-house procurement team to ensure specific procurement protocols were implemented.
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