China Mobile International Launches First Overseas Data Center in Singapore
China Mobile International Ltd. (CMI), a unit of China Mobile Ltd. (NYSE: CHL), announced on Wednesday that its first overseas data center has launched operations in Singapore.
The new data center, located in Singapore Tai Seng Industrial Park, houses more than 2,100 racks in an area of 17,490 square meters, according to various media.
The launch was a milestone for CMI, as the data center is its first operated outside China and the second in its cloud network in Asia Pacific served as the international network switching hub and internet data center.
"The launch of our data center in Singapore is a significant step forward to bring together our global data center network," Li Feng, the chairman and chief executive officer of CMI, said in a statement.
The company, headquartered in Hong Kong, has now connected Asia Pacific, Indian Ocean, Europe, Middle East and Africa.
CMI also plans to deploy data centers in Europe, specifically, in London and Frankfurt, to form synergies with the Singapore data center to further promote global connectivity, according to the company's press release.
CMI's parent company, China Mobile, is China's largest telecommunications operator, ranked No.53 on Fortune Global 500 with revenue of $110.2 billion in 2018. According to earlier announcements, the giant intends to set up a 5G industry fund of $4.4 billion and will roll out commercial 5G services in 50 cities in China by the end of the year.
The stock in China Mobile was trading down 1 percent, at $43.96 per American depository share, on Wednesday afternoon.
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