BDx announces $170M acquisition of Indosat’s entire data center and edge site portfolio
Indosat Ooredoo Hutchison (Indosat) has unveiled that BDx Indonesia, a joint venture of Indosat, BDx Data Centers (BDx), and Lintasarta, has agreed to acquire a portfolio of colocation and edge sites in Indonesia.
These facilities are located in cities such as Jakarta, Surabaya, Batam, Medan, Makassar, Bandung, and Semarang, including ten strategic sites connected to six domestic and five international subsea cables.
Three Indonesian banks (BCA, Bank Permata, and Bank Bukopin) are providing debt to BDx Indonesia to optimize its capital structure and support its rapid growth trajectory.
The company notes that the IDR 2,625 billion (roughly $170 million) transaction aims to expand the partnership between Indosat and BDx initiated in 2022, and further push their plan to support the Government’s Digital Roadmap and digital infrastructure objectives.
Speaking about the announcement, Vikram Sinha, president director and CEO of Indosat Ooredoo Hutchison, says: “We’re honored to play a role in shaping Indonesia’s digital future through this impactful collaboration. This transaction underscores our dedication to building a sustainable business and propelling Indosat’s evolution from Telco to TechCo.
“Collaborating with BDx Indonesia not only enhances our customer service but also reinforces our commitment to connecting and empowering every Indonesian. Crucially, aligning our strategic goals will enable Indosat and BDx Indonesia to elevate the nation’s technological landscape.”
According to the company, the current portfolio will be expanded as per global BDx operating standards presenting enterprises, cloud providers, and content delivery networks with the opportunity to deploy their critical workloads closer to the network edge.
Post-transaction, BDx Indonesia will have a total IT capacity of 150MW+ in Indonesia across ten operating carrier-neutral colocation facilities in all major cities, a new 15MW facility that is being built near Jakarta with an estimated RFS by Q4 2024, a 100MW hyperscale campus at Suryacipta, East Jakarta, and carrier-neutral edge sites in all main islands of Indonesia.
“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 center and edge sites to us,” says Mayank Srivastava, CEO of BDx.
“We are the foremost carrier-neutral data center provider in the country and, with the expanded portfolio, are set to emerge as Indonesia’s preferred partner for digitalization.”
FTI Capital Advisors acted as the financial advisor to Indosat in this transaction.
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Article Topics
BDx | colocation | edge | edge data center | Indosat
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