ST Telemedia

Both Singtel and STT GDC are Temsaek-backed

The company has been exploring an IPO that could raise more than US$1 billion

"As with many businesses of our size and scale, we are constantly exploring all options to optimize our capital structure"

ST Telemedia Global Data Centres is a subsidiary of ST Telemedia, which is, in turn, a subsidiary of Temasek Holdings.

A potential deal could raise about US$500 million to US$600 million,

SINGAPORE (Mar 11): ST Telemedia, a unit of Singapore state investment firm Temasek Holdings, has set up a startup to help Asian companies adopt artificial intelligence and cloud technologies, in line with the city-state’s ambitions to transform the eco

SINGAPORE (Nov 1): ST Telemedia has agreed to sell one of the companies in its portfolio, Level 3 Communications, Inc., to CenturyLink, Inc., in a cash-and-stock deal worth US$34 billion ($47 billion).

SINGAPORE (Aug 25): Singapore’s third-largest telecommunications firm, M1 on Thursday said it had hired a chief financial officer who was formerly at its rival StarHub.

SINGAPORE (May 19): ST Telemedia has agreed to buy a majority stake in some of the data-center business owned by India's Tata Communications for US$640 million ($882 million).