Jump to content

ST Telemedia

From Wikipedia, the free encyclopedia
(Redirected from STT Communications)

ST Telemedia
IndustryCommunications, Media and Technology
HeadquartersSingapore
SubsidiariesST Telemedia Global Data Centres India
Websitewww.sttelemedia.com, www.sttelemediagdc.com

ST Telemedia (STT) is a Singapore-headquartered strategic investor specialising in Communications and Media, Data Centres and Infrastructure Technology businesses globally. It is represented in 15 countries, three continents across Asia Pacific, the US and Europe. It is a portfolio company of Temasek Holdings. In 2016, the company refreshed its corporate identity, adopting a new logo and streamlined business name ST Telemedia.[1]

Business activities

[edit]

STT's investment portfolio is centred on three business segments across the digital value chain – Communication & Media, Data Centres, and Infrastructure Technology.[2]

2024

[edit]
  • In June 2024, STT GDC raised S$1.75 Billion from KKR and Singtel.
  • In December 2024, STT announced that it will be selling off a portion of its stake in U Mobile, holding a minority stake of about 20% upon completion of the transaction.[3]

2020

[edit]
  • In March 2020, STT announced the completion of its majority investment in CloudCover, a cloud-native service provider with presence in India and Southeast Asia.[4]

2019

[edit]
  • In January 2019, STT announced that it completed the acquisition of a majority stake in Cloud Comrade, a Singapore-based cloud computing company with presence also in Malaysia and Indonesia.[5]
  • ST Telemedia Cloud, a public cloud solutions provider across APAC was established.[6]
  • Quantum Security, a portfolio company of STT announced its official entry into the AI and Cloud IT market.[7]
  • In October 2019, STT announced that it was taking a majority stake in Seattle-based cloud service provider 2nd Watch.[8]

2018

[edit]
  • In January 2018, STT led in a new round of funding for Bespin Global, a cloud management company which helps enterprise customers in South Korea and China with cloud adoption.[9]

2017

[edit]
  • In November 2017, STT led in a new round of funding for Instart Logic, which created a cloud-based digital experience platform that enables brands to increase their online performance.[10]
  • In April 2017, STT announced its investment in Dallas-based Armor, The First Totally Secure Cloud Company™, and became a joint lead shareholder with The Stephens Group.[11][12][13]

2016

[edit]
  • In August 2016, STT unveiled a refreshed corporate identity to reflect its new strategic direction.[14]
  • In June 2016, STT announced its lead investment in Moogsoft's Series C financing, giving the real-time IT Operation Analytics provider a boost to expand its global operations in Europe, Asia and Americas.[15][16]
  • In May 2016, STT announced its strategic partnership with Tata Communications to expand data centre business in India and Singapore. The partnership involved a 74% majority stake acquisition of Tata Communications’ data centre business in India and Singapore by STT’s wholly owned subsidiary, ST Telemedia Global Data Centres (STT GDC). Tata Communications remains as a significant shareholder, holding the remaining 26% stake in the business. The acquisition of the data centres in India was completed in October 2016, while the acquisition of the data centres in Singapore completed in February 2017.[17][18]

2015

[edit]
  • In August 2015, STT made its first investment in emerging technology verticals, leading a US$40 million financing round in Datameer, a big data analytics and visualization company based in San Francisco, California.[19][20] Datameer is a big data analytics platform that helps companies create and extract value from enterprise data lakes.[21]
  • In July 2015, STT announced a joint venture partnership where its portfolio companies STT GDC and StarHub agreed to build and develop MediaHub, a highly specialised telecommunications, media and data centre facility.[22]
  • In June 2015, STT, through STT GDC, invested in VIRTUS Data Centres in the UK.[23]
  • In March 2015, STT announced plans to build its flagship data centre, known as STT Defu, in Singapore.[24]

2014

[edit]
  • In August 2014, STT re-entered the data centre market with its investment in GDS Services (GDS), a leading provider of advanced and high-availability data centre services in China.[25]

2011

[edit]
  • In May 2011, STT invested in Sky Cable, the Philippines' largest cable company and leading broadband service provider.[26][27]

2010

[edit]
  • In March 2010, STT acquired a 33% stake in U Mobile, Malaysia's fourth mobile service provider.[28] It also took a 10% stake in VNPT Global, a subsidiary of VNPT Group, Vietnam's foremost full service telecommunications service operator.[29]

References

[edit]
  1. ^ "ST Telemedia Unveils New Corporate Identity". TelemediaWorld. Retrieved 31 May 2017.
  2. ^ "Business Focus". ST Telemedia webpage. Retrieved 31 May 2017.
  3. ^ "Confusion over Temasek's ST Telemedia stake size after it inks deal to pare down 'majority stake' in U Mobile to 20%". The Edge Malaysia. 5 December 2024. Retrieved 10 December 2024.
  4. ^ "Temasek's ST Telemedia nabs majority stake in India cloud services firm". The Business Times. 10 March 2020.
  5. ^ "Temasek unit ST Telemedia takes majority stake in cloud computing firm". The Straits Times. 24 January 2019.
  6. ^ "ST Telemedia Cloud". STT Cloud. 31 January 2018.
  7. ^ "Quantum Security website". Quantum. 8 March 2019.
  8. ^ "ST Telemedia eyes controlling stake in US cloud service provider 2nd Watch". The Business Times. 10 October 2019.
  9. ^ "ST Telemedia leads US$27 million investment into Bespin Global". PR NewsWire. 31 January 2018.
  10. ^ "'Digital experience' company Instart Logic raises $30M for global expansion". TechCrunch. 2 November 2017.
  11. ^ "Armor Announces $89 Million Investment from ST Telemedia". Yahoo Finance. 5 April 2017.
  12. ^ "ST Telemedia invests in US-based Armor". TODAY Singapore. 5 April 2017.
  13. ^ "There's a new buyer on the security tech block with Armor's $89 million new round". TechCrunch. 5 April 2017.
  14. ^ "ST Telemedia Unveils New Corporate Identity". ST Telemedia. 6 October 2016.
  15. ^ "Moogsoft secures $30M in Series C funding; aims global expansion". TechSeen. 7 June 2016.
  16. ^ "Moogsoft Raises $30M in Series C Funding to Fuel Global Market Expansion". MarketWired. 6 June 2016.
  17. ^ "ST Telemedia and Tata Communications Enter into a Strategic Partnership to Expand Data Centre Business in India and Singapore". ST Telemedia. 19 May 2016.
  18. ^ "ST Telemedia Global Data Centres Readies for its Next Growth Phase in Singapore". ST Telemedia. 13 February 2017.
  19. ^ "ST Telemedia invests in California big data firm Datameer". Business Times Singapore. 19 August 2015.
  20. ^ "Datameer Takes Data Democratization Global with New $40 Million Investment". PR Newswire. 18 August 2015.
  21. ^ "Datameer's website: About Us".
  22. ^ "ST Telemedia acquires significant stake in MediaHub". Data Center Dynamics. 27 July 2015.
  23. ^ "ST Telemedia acquires 49% stake in UK data centre provider Virtus". Business Times Singapore. 24 June 2015.
  24. ^ "ST Telemedia to build a new data center in Singapore". Data Center Dynamics. 17 March 2015.
  25. ^ "ST Telemedia invests 40% stake in GDS". Datacenterdynamics. 15 August 2014.
  26. ^ "ST Telemedia Invests in Philippines' Largest Cable Company, Sky Cable". ST Telemedia. 13 May 2011.
  27. ^ "Singapore's STT Communications acquires 40% stake in SkyCable". Adobomagazine. 13 May 2011.
  28. ^ "STT to invest RM1b in U Mobile". The Edge Markets. 16 March 2010.
  29. ^ "ST Telemedia Invests in VNPT Global". 12 March 2010.
Retrieved from "https://en.wikipedia.org/w/index.php?title=ST_Telemedia&oldid=1262186030"