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Big Data Exchange (BDx) Expands Into Indonesia Through US $300M Indosat Ooredoo Hutchison and Lintasarta Joint Venture

Agreement Launches Development of World-Class Data Centers; The Joint Venture Company Set to Transform Indonesia's Digital Landscape JAKARTA, Indonesia, May 12, 2022 /PRNewswire/ -- Big Data Exchange (BDx), a leading data center solutions provider in Asia Pacific, announces today it has inked a conditional sale and purchase agreement of shares (CSPA) and joint venture agreement, together with a series of commercial and operational agreements, with PT Indosat Tbk (Indosat Ooredoo Hutchison or IOH), PT Aplikanusa Lintasarta, and PT Starone Mitra Telekomunikasi (SMT). This would be one of the largest foreign investments in the data center sector in Indonesia, carrying an estimated enterprise value of US $300M effective upon completion of the CSPA, and marks BDx's entry into the Indonesian data center market.
Big Data Exchange (BDx) Expands Into Indonesia Through US $300M Indosat Ooredoo Hutchison and Lintasarta Joint Venture
Through this strategic agreement, BDx will collaborate with IOH and Lintasarta to establish a new trailblazing data center and cloud-focused operation in Indonesia. The joint venture is being formed to meet Indonesia's growing need for a higher level of global data center facilities and will deliver a comprehensive portfolio of the most advanced innovative solutions to enable digital transformation. This marquee company will focus on multiple industries, including financial services, hyperscalers, telecom operators and government organizations."This agreement adds a key Asia-Pacific market to BDx's expanding data center portfolio," said Braham Singh, CEO of BDx. "Indonesia's rapidly growing and sustained demand for connectivity and cloud services continues to drive the need for data center solutions, providing the next strategic step in BDx's footprint. BDx's dedication to data center operational excellence and its commitment to sustainability will be reflected throughout every step of this venture."
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