ST Telemedia, last week announced a partnership with Singaporen Operator, StarHub to build and develop MediaHub. MediaHub which is currently under contruction at the Mediapolis@one-north, a goverment funded digital media hub, is designed as a one-stop hub for telecoms, media and data centre facilities with media headend, central office and innovations centre. MediaHub will also be StarHub’s convergence point for its fixed, mobile and pay TV networks.
ST Telemedia will invest $36.9 million for a 70 per cent stake in the facility. MediaHub is the second data centre asset in Singapore for ST Telemedia and the latest addition to the company's rapidly expanding global data centre footprint. In the last 12 months, ST Telemedia has swiftly established a strong presence in major data centre hubs in Asia and Europe. Last month, ST Telemedia completed its investment into UK's fastest growing data centre provider, VIRTUS Data Centres, giving it a vital foothold in London, a key global tier-one data centre market.
Sio Tat Hiang, Executive Director of ST Telemedia
MediaHub will leverage on ST Telemedia's deep data centre expertise and global connectivity through the Group's data centre assets around the world, to accelerate its time-to-market. ST Telemedia is firmly committed to continuing our data centre expansion to meet the growing demand for premium data centre services in this region and globally.
Tan Tong Hai, Chief Executive Officer of StarHub
MediaHub will be a key facility for StarHub. It will not only house advanced telecommunications and broadcasting facilities such as a leading edge headend, but will also be the centre for our innovations and equip StarHub to harness the latest digital media and info-communications technologies to benefit both our commercial and residential customers in the long run.
