Chilean telecommunications provider Grupo GTD has purchased a data center from multinational department store chain Falabella in Santiago as part of its bid to capitalize on the growing demand for cloud services in the region.
The purchase agreement with Falabella includes the provision of hosting services to the retailer for the next 20 years, and the acquisition makes it the only Tier 3 data center services provider in the Chilean capital.
GTD has been stocking up on data centers in recent years. Two years ago, it opened a data center in Medellin, Colombia and is currently building more in Puerto Montt, southern Chile, as well as in the Peruvian capital Lima.
The company says the deal not only allows it to strengthen the relationship with one of its biggest customers, but also enables it to expand its cloud and hosting offering in the region.
With 7,500 square meters (80,729 sq ft) of floor space, GTD’s new data center holds Uptime Institute’s Tier III certification. Thanks to Santiago’s cool, semi-arid climate, the facility can also make use of a free cooling system.
“It will also allow us to increase our data center network and position ourselves as the only provider with three Tier III sites in Santiago,” stated Alberto Bezanilla, GTD’s General Manager.
For the Chilean firm, this is just the latest acquisition. In April last year, it acquired regional fibre-optic network provider Netline Peru, and then gobbled up Spanish data services provider Cable Runner Ibérica (CRI), and Intesis, a Chilean company specialized in system integration, consulting, and IT services.
Earning US$428 million in annual revenue, GTD owns more than 33,000 kilometers of optical fiber networks across Chile, Peru, and Colombia.