Ang Malaysian cable construction company na OMS ay nagtabi $300 milyon upang mamuhunan sa mga bagong cable system at palawakin ang pangunahing negosyo nito.
Sinabi ng pribadong kumpanya na ang makabuluhang paglaki ng demand para sa mga data center at cloud, pati na rin ang mataas na paggamit ng mga kasalukuyang cable, “urgently requires the expansion of our infrastructure.”
In a statement, the company said it will work with telcos and utilize its “long-term investment capital to help them transform capital expenditures into sustainable operating expenditures.”
Investments include taking direct ownership of submarine cable systems and developing backhaul infrastructure from cable landing stations (CLS) to data centers.
OMS did not provide details of the source of funding and did not respond to Light Reading’s inquiries.
But in the past 11 months, the company has announced two major deals – a $400 million investment from private equity giant KKR in October last year and a $293 million debt facility announced in June this year to expand its fleet and develop its subsea expertise.
OMS CEO Ronnie Lim said the company aims to become a one-stop store for submarine cables, cable landing stations and terrestrial networks, with a focus on the ASEAN region.
