STT is rapidly emerging as one of the most interesting telecoms stories in Asia. With Global Crossing and Indosat stakes already purchased, it has just merged some of its assets with those of Equinix and Pihana and emerged as the largest shareholder in the world's largest network neutral internet exchange services company. Matt Burlage, head of boutique investment bank IRG, was one of the advisers on the deal and explains its intricacies.
What is the history of this deal
Burlage Equinix, Pihana and STT are in the data center and infrastructure services business. We took the view about a year and a half ago that critical mass and scale through...