Khazna, du ink anchor tenant agreement
Abu Dhabi, April 3, 2013
Khazna Data Center, a new provider of data center operations in Abu Dhabi, has signed a first-of-its-kind agreement with du, to be the anchor tenant in two data center operations built by Khazna set to be opened in Abu Dhabi and Dubai.
The 10-year agreement will create facilities for du to house the IT and telecommunications equipment that is critical to its business needs, a statement from Khazna said.
The Abu Dhabi facility will be built at Masdar City, while the Dubai facility will be built at Meydan. Based on a modular design, each facility is designed to deliver 4.5 MW of IT load in the initial phase, scalable up to 18 MW per facility in future phases. Construction has commenced and both facilities are expected to be operational by the end of 2013.
The two data centers will provide industry benchmark levels of power supply and cooling services, to better serve the growing need for data center operations in the UAE. The cost-efficient facilities will allow for significant cost savings and reduce its environmental footprint.
Beyond its anchor tenant, Khazna will provide wholesale space in both Emirates for other companies looking for robust infrastructure for their data centers, the statement said.
Saeed Basweidan, CEO of Khazna, said: “We are delighted to have signed this agreement, which will provide the infrastructure required by du. Khazna will introduce the largest facilities in the UAE and the region and will be available to other UAE-based clients interested in operating from the UAE.”
Osman Sultan, CEO of du, said: “Aligning with Khazna as the anchor tenant for these new data centers is a strategic move that will allow us to provide even better value-adding services to our customers. We are pleased with this agreement, and look forward to a positive future relationship with Khazna.” – TradeArabia News Service
More IT & Telecommunications Stories
- Etisalat, Tata launch video connect service
- Talia seals new partnership with Thuraya
- 4-pillar approach for telecom operators to boost growth
- Dubai mobile emissions below global standards
- Nawras signs capacity contract with SES
- Etisalat showcases satellite solutions at Cabsat
- Batelco launches 4G LTE roaming
- Gulf Air clinches best innovation award
- Viva inks Pepsi partnership deal
- Du offers free smarphones on tablet purchase
- Batelco launches double credit promotion
- Cyber threats focus of Bahrain security talks
- Bahrain tech expo to honour innovators
- Scope ME named distributor for InfoWatch
- Nawras quadruples 3G+ mobile services
- Menatelecom expands bill paying network
- Du joins new global cable consortium
- Kuwait moves to create telecoms watchdog
- Batelco backs Royal Fund for Martyrs
- Egypt's Global Telecom posts $749m Q4 loss
- Red Hat launches open source BPM suite
- Batelco announces new board
- Batelco offers improved broadband
- You don't own phone numbers, warns TRA
- Tech giants back top Qatar ICT event
- Du to provide wifi access in public areas
- Zain finalises $800m, five-year loan facility
- Ooredoo Q4 net profit falls 36pc to $140m
- Mobily, Etisalat team up for LTE roaming
- Batelco approves $84m dividends for 2013