CSL allots B350m for data centre

CSL allots B350m for data centre

CS LoxInfo (CSL), Shin Corporation's SET-listed internet arm, will build a new high-tech data centre worth 350 million baht to capitalise on growing mobile cloud service and soaring corporate demand.

Managing director Anan Kaewruamwong said the facility will be the company's biggest investment in recent years.

CSL's investment budget for this year is 500 million baht.

Mr Anan said the company is close to selecting a location _ probably in Bangkok _ for what will be its third data centre.

Its other two are also in Bangkok.

Construction of the planned 350-square metre centre will start soon, with commercial service available about mid-year.

CSL is positioning itself as a reliable premium data centre service provider with multiple locations to serve customer requirements, said Mr Anan.

He said Thailand' s imminent 2.1-gigahertz 3G mobile service will prompt mobile operators to start offering cloud-based service to customers.

CSL will provide back-end cloud computing infrastructure for leading mobile operator Advanced Info Service.

As well, demand for data-centre and cloud-based service from its existing 30,000 corporate customers is increasing thanks to strong business expansion.

Data centres have become one of CSL's main ICT services and are already generating a significant revenue stream.

Mr Anan said AD Venture Co Ltd, CSL's mobile infotainment subsidiary, plans to introduce mobile video-related applications ono 3G.

AD Venture posted a net profit of 200 million baht last year.

Teleinfo Media Plc, CSL's directory subsidiary, is expanding into online advertising, said Mr Anan.

CSL expects sales revenue to grow by 5% this year, equal to last year's growth.

In 2012, CSL achieved consolidated revenue of 3 billion baht _ 1.7 billion from internet service and the rest from AD Venture and Teleinfo Media.

Shares of CSL closed yesterday on the SET at 11.10, down 10 satang, in trade worth 5.12 million baht.

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