Global Switch Collaborates with Time dotCom to Extend Reach to Indochina

Global Switch customers will now have access via Time’s A-Grid Network traversing Malaysia to Thailand, Cambodia and Vietnam

Singapore, 09 July 2024 – Global Switch, a leading owner, operator and developer of large-scale, carrier and cloud-neutral data centres in Asia-Pacific and Europe, is pleased to announce a strategic co-operation with TIME dotCom Berhad (Time), a leading telecommunications service provider in Malaysia and a key player in the Southeast Asian region. This strategic co-operation will empower enterprise, hyper-scale and generative AI customers looking for seamless connectivity in the Southeast Asian region, thereby expanding their reach and potential.

Global Switch 2 Tai Seng is a point of presence for Time’s Cross Peninsular Cable System (CPCS) and ASEAN-Grid (A-Grid) network that connects Singapore and Malaysia to Thailand, Cambodia and Vietnam. Time’s CPCS and A-Grid networks, spanning over 4,000 kilometres across five countries, are a testament to their commitment to providing high-capacity, resilient, and low-latency connections. This, coupled with Global Switch Tai Seng’s connectivity ecosystem, a world-class interconnection hub with direct access to multiple submarine cable systems, major international and local telecommunications companies, internet exchanges and cloud on ramps, will assure customers of Global Switch the ability to meet the growing demand for data exchange and digital trade in the region.

Global Switch’s Managing Director for Singapore, Terrence Teo said, “We are delighted to collaborate with Time to improve the connectivity landscape in the region. Our data centre’s strategic location and robust connectivity ecosystem, supported by diverse infrastructure, make it an ideal primary gateway for international connectivity. By hosting Time’s CPCS point of presence in our Tai Seng data centre, we will further enhance Singapore’s position as a connectivity hub, enabling all other data centre customers and cable landing stations in Singapore as an alternative option to connect directly to data centres in Malaysia and Thailand.”

Time’s EVP of Wholesale, Ganesh Sivasamboo commented, “We are confident that this collaboration, with our combined expertise and infrastructure, will deliver unparalleled connectivity solutions to customers, including hyper-scalers, enterprises and generative AI companies looking to expand in Southeast Asia. Time’s presence in strategic cities has uniquely positioned our A-Grid network as a bridge into the region via a secure and high availability network for seamless interconnectivity and a scalable network design to cater to evolving business needs.”

StarHub Collaborates with Global Switch on Low Latency Data Centre Connect in Singapore

Collaboration utilises Global Switch Singapore’s internet exchange, submarine cable and carrier dense data centres

Singapore, 27 May 2024 — StarHub, a leading telecommunications service provider in Singapore, collaborates with Global Switch, a prominent owner, operator and developer of large-scale, carrier and cloud-neutral data centres in Asia-Pacific and Europe on Low Latency Data Centre Connect in Singapore.

“Aligned with our DARE+ initiative and Cloud Infinity programme, StarHub is proud to collaborate with Global Switch and leverage their ecosystems of data centre network and operations. With Low Latency Data Centre Connect, we aim to offer a purpose-built fibre network with minimal hops and latest state-of-the-art optical technology, supporting mission-critical application sensitive workloads to address customers’ latency-sensitive business needs,” said Tan Kit Yong, Head of Enterprise Business Group, StarHub.

Enabled by Cloud Infinity, StarHub’s hybrid multi-cloud platform, this collaboration will see Low Latency Data Centre Connect network, with ultra low-latency connectivity to Global Switch Singapore’s Woodlands and Tai Seng data centres. Tai Seng in particular, is recognised as one of the most interconnected data centres in Singapore and a key Asia-Pacific region connectivity hub that boasts a vibrant and ever-expanding ecosystem.

The state-of-the-art data centre now features an advanced fibre network that is fully diverse, ensuring maximum reliability through multiple paths. At the same time, the advanced fibre network is equipped with software-defined network capabilities to rapidly scale and meet the expanding bandwidth requirements of demanding OTT and cloud data services and applications. This is also coupled with a quantum encryption-ready network that will provide a protected network and robust security against advanced cyber-attacks.

Through Low Latency Data Centre Connect, Global Switch customers in Singapore will have secure on-demand connectivity to a global network of key data centre ecosystems and submarine cable PoPs for seamless connectivity, making this network a crucial asset for data-intensive operations.

“Global Switch is proud to support StarHub’s launch of Low Latency Datacentre Connect in our Woodlands and Tai Seng data centres. Our data centres in Singapore are home to the network PoPs of all major international telecommunications companies,” said Terence Teo, Managing Director, Global Switch Singapore.

“Additionally, a number of major submarine cable systems land directly in Global Switch Singapore Tai Seng. Virtually all ISPs, content delivery and hyperscalers are hosted at our two data centres in Singapore. Having Low Latency Datacentre Connect at our sites will enable all other data centres and cable landing stations in Singapore to connect to Global Switch Singapore for access to content and interconnections,” said Teo.

This collaboration is a testament to StarHub’s dedication to customer experience and staying ahead of the curve, providing its customers with the best possible experience. In addition to Low Latency Data Centre Connect’s advanced fibre network, StarHub is continuously exploring new opportunities for cloud-based services and seeking to improve and expand its offerings through its Cloud Infinity Programme.

Global Switch receives full planning approval for its third London data centre

Release date: 22.02.2024
  • London South adds a further 27,000 sq m of technical space across five floors at Global Switch’s London data centre campus taking the total campus to 115,000 square metres.
  • Designed to provide high power density suitable for HPC and AI deployments with both air and liquid cooled optionality for customers.
  • Designed to BREEAM rating of Excellent with a PUE of less than 1.2
  • Unique connectivity offering within established data centre campus

London – 22 February 2024 – Global Switch, a leading owner, operator and developer of large-scale network dense, carrier and cloud neutral multi-customer data centres in Europe and Asia-Pacific, today announces that it has successfully been granted planning approval for the construction of a new five floor, 27,000 sq m data centre, London South, at its London campus. Once complete the addition of the new data centre will make Global Switch’s London site, which includes London East and London North, one of Europe’s largest purpose-built data centre campuses at 115,000 square metres with 126MVA of utility power supply capacity.

Located in the heart of London’s connectivity rich Docklands hub, London South will deliver a low latency, highly interconnected OCP compliant data centre experience, offering 40MW of IT power capacity. Less than a mile from London’s Canary Wharf and within 3.5 miles of the City of London, the data centre will offer a range of densities from 3,000W/sq m as standard to >5,000W/sq m with liquid cooling optionality, making it the ideal environment for the evolving technology to support low latency AI solutions to serve London.

London South complements the existing London East and London North data centres which already have the ability to provide high density air and liquid cooled solutions to the market. London South simply provides further capacity for growth on the campus for new and existing customers who demand operational excellence in a low latency Tier 1 location.

The data centre is aligned with the objectives of the Mayor of London’s policy requirements provided within the Energy Hierarchy of the London Plan. Global Switch’s London campus already benefits from 100% renewable energy, whilst London South has been designed to incorporate the latest energy efficient and resilient technologies in order to minimise power consumption and reduce the carbon footprint of the data centre. These include low energy flexible cooling solutions for critical environments and fossil free HVO fuel for use in its backup generators, offering reductions of up to 90% of net CO2. The data centre will also have the ability to export heat to the local community if so required.

With over 25 years of expertise, Global Switch has cultivated a wealth of knowledge and experience that ensures operational excellence. The data centre will target an annualised Power Usage Effectiveness (PUE) of less than 1.2 and has been designed to achieve a BREEAM rating of Excellent. Both the PUE and Water Usage Effectiveness (WUE) will exceed the Climate Neutral Data Centre Pact (CNDCP) targets, and will be among the best in the industry, demonstrating our commitment to environmental sustainability.

In keeping with the existing London Campus, connectivity is prioritised, and London South will include two diverse building entry points, facilitating present and future growth, bringing the total on the campus to ten. Further, an additional two Meet Me Rooms will create an interlinked network of six across the entire campus, giving the data centre instant access to the majority of the world’s leading networks and cloud on-ramps.

Adam Eaton, London’s Executive Group Director said:

“In a market expected to double in size by 2025/26, Global Switch’s London South data centre is ideally positioned to provide highly resilient, low PUE space for a wide variety of customers. This latest addition to our London Campus will meet the burgeoning needs of hyperscale, large enterprise and cloud and managed services providers who are looking to house their mission critical infrastructure.

As well as a commitment to utilise only 100% renewable electricity, the data centre also benefits from minimal water consumption and the potential to export heat to the local community. London South encapsulates Global Switch’s most advanced design guidelines as we continue to drive towards our target of net zero across the portfolio by 2030.”

Ashley Muldoon, CEO said:

“With this new addition to our London campus, Global Switch will provide existing and new customers with further expansion opportunities in yet another Tier 1 located, low latency, high density data centre solution.

Our London Docklands campus will continue to play an essential role in delivering HPC and AI in the London market, as we grow our unique offering in 2024.”

Update on appointment of Chief Executive Officer

LONDON, 23 January 2024, further to the announcement of 14 December 2023 with respect to the appointment of Ashley Muldoon as Chief Executive Officer of the Company, the Board of Global Switch confirms that all shareholder approvals for his appointment have now been received. Accordingly, Ashley was appointed a director and joined the Board of the Company on 22 January 2024.

 

Global Switch successfully completes €500 million bond refinancing to strengthen capital structure for future growth

LONDON, 23 January 2024, Global Switch Holdings Limited (“Global Switch” or “the Company”), a leading owner, operator and developer of large-scale network dense, carrier and cloud neutral multi-tenanted data centres in Europe and Asia-Pacific, today announces the successful refinancing of a €500 million bond, first issued in May 2017, and due to mature on 31 January 2024. Through the refinancing, Global Switch has proactively addressed near term debt maturities, further strengthening its capital structure.

The successful refinancing has been achieved through securing a €500 million loan from two of the group’s existing relationship banks, HSBC and DBS, which has now been drawn down. The loan facility has been agreed at a highly attractive margin, similar to that of the existing revolving credit facility. Global Switch is one of the highest credit rated data centre companies globally, with strong investment grade credit ratings from Fitch, Moody’s and S&P Global Ratings having been reaffirmed.

Following repayment of the €500 million bond at the end of January, Global Switch will have two remaining bonds in issue, with €500 million and €700 million maturing in 2027 and 2030 respectively. The Company also has in place a £350 million revolving credit facility which is currently undrawn, plus cash balances in excess of £200 million at 31 December 2023 providing ongoing liquidity and funds for investment.

The loan facility has an expiration date of 22 December 2025, and includes options to increase the quantum of the facility to €625 million with debt raised from another lender and also to repay the loan early.

David Doyle, Chief Financial Officer of Global Switch said:

“This successful refinancing underlines the strength of our balance sheet and affirms Global Switch’s position as a leading data centre provider across Tier 1 markets in Europe and Asia-Pacific. As Global Switch continues to grow, these funds will allow us to continue to invest, including creating new, high density capacity to support our customers’ needs for accelerating artificial intelligence workloads through our unique platform of high-quality data centres.

The loan facility has been closed at a highly attractive margin and also provides structural flexibility as the Company’s shareholders continue to explore options to introduce international investors to create liquidity for their stakes and accelerate the Company’s growth strategy.

I am particularly pleased to have closed this new facility with HSBC and DBS, two of our existing relationship banks and thank them for their commitment and continued support of the Company.”