Temasek-backed Singapore Technologies in race to buy Tata Communications' data centre business

Temasek-backed Singapore Technologies in race to buy Tata Communications' data centre business

Data centre interior.

Singapore Technologies Telemedia (STT) is among the leading bidders to buy a controlling stake in the data centre business that Tata Communications wants to sell. The deal might be worth Rs 4,500 crore ($688 million) for a 74 per cent stake.

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