News
China Telecom, Daily-Tech and Global Switch sign game-changing agreement for data centre industry
April 2017 by Marc Jacob
A game-changing co-operation framework agreement focused on data centre construction has been signed by China Telecom Global (CTG), Global Switch, and Daily-Tech, a developer and operator of data centre infrastructure across China.
The agreement enables CTG and its partner Daily-Tech to draw on Global Switch’s already significant data centre capacity, services, development and management expertise outside China, ensuring their growing customer base continues to receive world-leading, resilient and mission critical data centre infrastructure, facilities and services as they expand into global markets.
Global Switch currently operates 10 data centres in key connectivity hubs across Europe and Asia Pacific, providing around 300,000 square metres of state of the art technical space. It currently has operations in Amsterdam, Frankfurt, London, Madrid, Paris, Hong Kong, Singapore and Sydney.
Under the terms of the agreement, the trio of businesses will enter into various co-operation arrangements with respect to data centre facilities, including: collaboration in developing new markets, adding to Global Switch’s international footprint and capacity; joint marketing of services; one-stop service and system access; as well as data centre, network and systems integration services.
For all of the companies involved, this agreement provides a transformative platform from which to drive ongoing growth and expansion. CTG and Daily-Tech are boosting their competitiveness by ensuring secure and quality data centre capacity for customers on an international scale, while Global Switch has an opportunity to support and help grow CTG’s extensive customer base worldwide, but remains a large-scale, carrier and cloud neutral, multi-tenant data centre provider.
The global and substantive nature of the arrangement also reaffirms a commitment from three leading and experienced businesses, to play an important role in delivering China’s Belt and Road initiative, by underpinning the international expansion of Chinese companies.
The agreement was officially signed in Hong Kong on 25 April 2017 in a ceremony attended by: Deng Xiaofeng, Chief Executive Officer of China Telecom Global; Li Qiang, Chief Executive Officer of Daily-Tech; and, John Corcoran, Chief Executive Officer of Global Switch. Simon and David Reuben, Directors and long-term core shareholders in Global Switch, were also present at the ceremony, reflecting the importance of the occasion for customers, the three businesses, and the wider data centre industry.
The terms of this framework agreement clearly establish the co-operation intentions of the three companies involved. Going forward, each business will negotiate the appropriate details and form of co-operation for specific agreements that they enter into.
