Indosat Ooredoo, a wireless carrier in Indonesia, has been named in press reports from Bloomberg noting that it has selected Big Data Exchange (BDx), a carrier-neutral data center operator in Asia owned by I Squared Capital, as the “preferred bidder” from an auction process for its Indonesian data centers. Specifically, Big Data Exchange (BDx) is eyeing a “75% stake” in Indosat’s data center business, which could be valued between $200m to $250m. In turn, Indosat Ooredoo “plans to retain a minority stake in the data centers business”.
Proceeds from the sale of its data centers, could help Indosat Ooredoo fund its pending $6bn USD merger with Hutchison 3 Indonesia (CK Hutchison), another wireless carrier, which is expected to close by the end of 2021.
With this dynamic in-play, we breakdown the data center portfolio of Indosat Ooredoo, which I Squared’s Big Data Exchange (BDx) may acquire.
Indosat Ooredoo Data Centers – BDx Positioned to Buy
Indosat Ooredoo owns three data centers located in Jakarta, Indonesia’s capital city, as well as smaller regions situated outside of Jakarta, known as Serpong and Jatiluhur. In aggregate, these retail colocation and disaster recovery facilities comprise 54.9k sqft (5.1k sqm).
Additionally, in 2020, Indosat Ooredoo began to help build a data center for one of Indonesia’s largest state-owned enterprises.
Below are details on Indosat’s three existing data centers, which Big Data Exchange (BDx) may acquire:
Jakarta – Data Center
Indosat Ooredoo’s Jakarta facility is located in Central Jakarta, comprising gross area of 7.5k sqft (700 sqm). The data center directly connects to Indosat’s fiber optic network and global IP backbone.
Technopark – Data Center
Indosat Ooredoo’s Technopark facility is located at the Lintasarta Technopark Data Center in Serpong, which is 15.5 miles (25 kilometers) south of Jakarta. The data center offers ~1 megawatt of IT load across gross area of 23.7k sqft (2.2k sqm).
Notably, Indosat owns 72% of Lintasarta (PT Aplikanusa Lintasarta) which provides communications, network, cloud, and data center services.
Jatiluhur – Data Center
Indosat Ooredoo’s Jatiluhur site is a disaster recovery center. The facility is located at the Indosat Ooredoo Earth Station Complex in Jatiluhur, West Java. The data center offers 2 megawatts of IT load across gross area of 23.7k sqft (2.2k sqm). Additionally, the facility provides two density configurations for its server racks:
- High-Density: 1 containment with a capacity of 24 racks overall
- Low-Medium Density: 10 containments with a capacity of 194 racks overall
As a disaster recovery center, Indosat Ooredoo’s Jatiluhur facility must abide by a minimum distance requirement of 37 miles (60 kilometers) from the company’s facility located in Central Jakarta. Indeed, the Jatiluhur data center is located ~50 miles (80 kilometers) southeast of Indosat’s Jakarta facility.
Disaster recovery centers are particularly important in Indonesia, which faces natural disaster risks from earthquakes, typhoons, tsunamis, and volcanic activity.
Big Data Exchange (BDx) – Existing Data Centers
Big Data Exchange (BDx) has operational data centers and development projects in Mainland China, Hong Kong, and Singapore. Within Mainland China, the company has a presence in the cities of Guangzhou and Nanjing.
Excluding its possible acquisition of Indosat Ooredoo’s Indonesia data centers and upon completion of its development projects, Big Data Exchange (BDx) will have 7 facilities. Specifically, the company’s portfolio will comprise 57 megawatts of critical power, across 860k sqft (80k sqm) of gross area.