CyrusOne, a Cincinnati Bell (NYSE: CBB) subsidiary, is deepening its foothold in the Asia-Pacific market by opening up a new data center in Singapore.
The reason why Singapore was chosen, explained Gary Wojtaszek, CEO of CyrusOne, was that the company can better serve its large base of electric and gas utility customers.
"We have a long history serving Fortune 1,000 oil and gas customers, and establishing our presence there enables our customers to mirror the same performance successes they've come to expect from a data center provider," he said.
In Singapore, the new 3,200 square foot facility has over 150 watts of power available per square foot. Following the opening of its 400,000 square foot data center in Dallas last August, CyrusOne has 21 facilities throughout the U.S. and London.
With much of its traditional landline phone revenues continuing to decline, CyrusOne has become a new source of profit for the regional ILEC. In Q3 2011, Cincinnati Bell reported an 18 percent increase in data center colocation revenue.
For more:
- Business Courier has this article
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