AIRTEL ANNOUNCES DATA CENTRE EXPANSION
PRESS RELEASE: Airtel to invest around Rs 3,500 crore over 3 years to expand data centre.
New Delhi: Bharti Airtel is planning to invest around Rs3,500 crore over three years to expand its data centre capacity between three and five times from the current 100 MW, in a bid to tap into the increasing need to store digital information locally amid a strong uptake in digital payments and the imminent launch of 5G services.
“Airtel through its subsidiary, Nxtra Data Ltd, will build up to eight data centres, which would include parks as well…each data park could host up to 100 MW. Some of these could be data centre parks in Pune, Mumbai wherein the company has multiple buildings in one park,” a person in the know told ET.
When contacted, Airtel said: “As a policy we do not comment on market speculation.”
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