2/23/2024

Vodafone and DAMAC to Invest USD 100 Million in Data Center in Türkiye

​​Vodafone announced its collaboration with Emirati company DAMAC to set up a new data center in Izmir, Türkiye with a total investment amounting to USD 100 million, wherein they each hold a 50 percent stake.

The details of the partnership between Vodafone Türkiye and Edgnex Data Centers by DAMAC were unveiled at a meeting attended by Vodafone Türkiye CEO Engin Aksoy and Edgnex Data Centers by DAMAC Vice President and Board Member Aqil Ali.

Scheduled to become operational in the first quarter of 2025, the data center will initially focus on data transport and hosting services. It is expected to become one of the largest capacity data centers in Vodafone's Aegean Region, with a long-term capacity projection reaching up to 6 megawatts.

Located close to submarine cable transit hubs, Izmir boasts exceptional connectivity to Europe, Africa, and Asia. The continuous advancements in submarine cable technology in the area make the data center an extremely attractive solution for internet exchange points and content delivery networks.

Edgnex Data Centers by DAMAC Vice President of Investments Danish Nayar also highlighted the potential for data centers in other cities such as Istanbul and Ankara, emphasizing that Türkiye is a crucial country in their plans.

According to Aksoy, one of Vodafone Türkiye's future goals is to grow exponentially over the next five years with investments in the fields of data centers, cloud solutions, cyber security, customized mobile networks and IoT.
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Türkiye; Vodafone; datacenter; IoT; ICT