07 October 2024
OMS Group has allocated US$300 million for strategic investments in its global cable systems and terrestrial infrastructure in the ASEAN region.
The investment will focus on expanding its subsea cable systems and terrestrial infrastructure to meet growing regional demand for digital services driven by the growth of data centres and cloud services in the region.
The expansion strategy includes acquiring direct ownership of subsea cable systems and boosting its backhaul capabilities from cable landing stations to data centres. The aim is to integrate its subsea and terrestrial infrastructure to offer comprehensive services to clients, as per OMS Group CEO Ronnie Lim.
“We aim to be a one-stop shop for client needs across subsea, cable landing stations and terrestrial networks, starting with the ASEAN region,” said Lim. “This integrated approach will not only streamline access to our comprehensive services but also lay the groundwork for further expansion into the broader APAC market.”
Among OMS Group’s subsea projects is the Malaysia India Singapore Transit (MIST) subsea cable system.