TOKYO (Yosefardi) – NTT Communications Corporation (NTT Com), the ICT solutions and international communications business within NTT, signed an agreement recently to wholly acquire PT. Cyber CSF (Cyber CSF), a data center service provider headquartered in Jakarta, Indonesia.

Cyber CSF, founded in 2012, is Indonesia’s largest data center service provider. It operates a high-quality facility equipped for 24 MVA of power and 2,800 racks in 7,700 square meters of space in the heart of Jakarta.

The acquisition further strengthens NTT Com’s Nexcenter™ data center capabilities in the Asia-Pacific region, where it serves major local and multinational customers, especially in the fields of finance, IT and manufacturing. NTT Com plans to rename Cyber CSF as NTT Indonesia Nexcenter.

Cyber CSF data center is directly connected to an Internet exchange (IX) point used by multiple Internet service providers. Also, the carrier-neutral facility is connected to 32 domestic and overseas carriers.

The Indonesian ICT market is expected to average about 10% annual growth through 2017, exceeding growth in most other Southeast Asian countries. Data center outsourcing in Indonesia is expected to expand beyond 2016, triggered by new laws and regulations, as well as administrative guidance by the central bank, Bank Indonesia, regarding data center quality and the use of such services by financial companies.

According to the recent IDC survey, most Indonesian banks expect between 10 to 20 percent data volume growth rate every year. It also indicates that on average, Indonesian banks plan to increase their data center budget by 5-10 percent every year.