Latest news with #DataCentre
BreakingNews.ie
a day ago
- Business
- BreakingNews.ie
Environmentalists call on Kildare Co Council to refuse planning permission to €3bn data centre
Friends of the Earth Ireland, An Taisce and Friends of the Irish Environment (FIE) have called on Kildare County Council to refuse planning permission to a planned €3 billion data centre due mainly to the increased greenhouse gas emissions it will produce. In August of last year, multimillionaire engineering entrepreneur and co-owner of Monaghan-based forklift manufacturer, Combilift, Robert Moffett's Herbata Ltd lodged plans for a six-data centre campus for a site next to the M7 motorway and business park at Naas, Co Kildare. Advertisement Last October, the Council stalled the plan after stating that the projected CO2 emissions from the data centre campus on lands in ¬the Jigginstown, Halverstown and Newhall areas of Naas represent 49.35 per cent of the 'Sectoral Emissions Ceiling' for the entire Commercial Built Environment Sector to 2030. The Council stated that the level of emission is 'excessive' for one development. In June, Herbata lodged extensive further information on the scheme in response to the Council's concerns, pointing out that the data centre will not be reliant upon the existing electricity generation and will get 50 per cent of its power from renewables. Consultants for the applicants, RPS, stated that the utilisation of Combined Cycle Gas Turbines (CCGT) would result in a consequent reduction of 552,000 tonnes in greenhouse gas emissions. Advertisement However, in new submissions ahead of a Council planning decision this week, Friends of the Earth Ireland, An Taisce and FIE call on the Council to reject the plan, while County Kildare Chamber has urged the planning authority to grant permission On behalf of FIE, Director, Tony Lowes states that FIE strongly oppose the proposed development of six gas-powered data centres due to their projected high greenhouse gas (GHG) emissions and incompatibility with Ireland's climate obligations. He states that the development "could emit nearly one million tonnes of CO₂ equivalent per year. Over five years, this would account for almost a quarter of Ireland's electricity sector carbon budget—posing a major adverse impact on national emissions targets'. Mr Lowes adds that 'the mitigation measures proposed, such as Corporate Power Purchase Agreements (CPPAs), the potential use of biomethane or hydrogen, and future district heating, are either mismatched, unreliable, unproven, or dependent on fossil fuels'. Advertisement On behalf of Friends of the Earth Ireland, Campaigns Director, Jerry Mac Evilly states that 'the central message of this submission is that the applicant has not clearly or sufficiently addressed significant emissions impacts of the six gas-powered data centres. We therefore call for the application to be rejected'. He said that 'the proposed data centre's extremely high associated emissions directly conflict with legal obligations to reduce emissions under the 2021 Climate Act and would undermine national decarbonisation efforts'. On behalf of An Taisce, Senior Planning and Environmental Policy Officer, Phoebe Duvall, has told the council that to grant permission 'would be in contravention of Ireland's legally binding emissions reduction obligations and contrary to the national climate objective'. In a submission on behalf of County Kildare Chamber, its ceo, Sinead Ronan, has told the council that 'this project represents a significant and timely investment in Naas and the wider Kildare region, delivering multiple economic, environmental and infrastructural benefits'. Advertisement Ms Ronan states that 'the revised proposals submitted in response to the request for further information highlight several key enhancements'. She said: 'Notably, the data centre will not draw power from the national grid. Instead, only a minimum of 50pc of its energy demand will be met through on-site solar PV generation or renewable energy sourced via Corporate Power Purchase Agreements (CPPAs)". Ms Ronan states that 'this proposal presents a forward-looking opportunity to enhance the local economy, support employment and position Kildare as a leader in sustainable digital infrastructure. The project also has a clear alignment to planning policy, climate goals and heritage protection'.
Yahoo
7 days ago
- Business
- Yahoo
Turkcell Iletisim Hizmetleri AS (IST:TCELL) Q2 2025 Earnings Call Highlights: Strong Revenue ...
Revenue: TRY 53 billion, reflecting a 12% year-on-year growth. Group EBITDA: TRY 23 billion, a 15% increase year-on-year with a margin of 43.5%. Net Income: TRY 4.4 billion, a 37% increase year-on-year. Postpaid Net Additions: 816,000, marking the highest net addition in over five years. Mobile ARPU Growth: 9.8% year-on-year increase. Mobile Churn Rate: 2.2% for the quarter. Residential Fibre ARPU: 17.5% year-on-year increase. Digital Business Services Revenue: Exceeded TRY 4.9 billion, a 39% growth. Data Centre and Cloud Services Revenue Growth: 53% increase. Paycell Revenue Growth: 36% year-on-year increase. Consumer Financing Revenue: TRY 1.3 billion. CapEx Intensity: 16.9% for the quarter. Cash Position: TRY 117 billion at the end of the second quarter. Net Debt Position: TRY 25 billion with a net leverage ratio of 0.3 times. FX Debt: USD 3.9 billion with FX denominated financial assets totaling USD 3.2 billion. Warning! GuruFocus has detected 9 Warning Signs with IST:TCELL. Release Date: August 13, 2025 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Positive Points Turkcell Iletisim Hizmetleri AS (IST:TCELL) reported a strong top line growth of 12% year on year, reaching TRY 53 billion, driven by strong ARPU performance and expansion of the mobile subscriber base. Group EBITDA increased by 15% year on year to TRY 23 billion, with a solid margin of 43.5%, supported by strong operational leverage. The company achieved 816,000 postpaid net additions, marking the highest net addition in over five years. Data centre and cloud services posted strong growth of 53%, reflecting successful monetization of capacity investments. Techfin business maintained momentum with Paycell recording a 36% year on year revenue growth, driven by strong performance in mobile payments. Negative Points The mobile churn rate increased to 2.2% due to higher volume in the mobile number portability market resulting from intensified competition. Fixed broadband subscriber base remained stable at TRY 3.3 million, impacted by competitive offers from smaller ASPs and expiring 12-month contracts. Turkcell's share in the TArkiye project resulted in a TRY 1.2 billion loss, impacting the company's net income. The company expects a higher cost base in the second half of the year, which is already factored into their full year guidance. Turkcell's net leverage ratio rose slightly to 0.3 times, with a scheduled repayment of approximately USD 1 billion in debt by year end. Q & A Highlights Q: Can you provide updates on the fixed concession and 5G, and explain the CapEx target for the second half of the year? A: The Ministry of Transport and Infrastructure plans to renew telecom concessions for 25 years, supporting infrastructure investments. For 5G, the goal is to make services available by 2026, with a balanced approach expected in the tender process. CapEx will focus on enhancing 4.5G capabilities, fiberization, and data center investments, with 65% allocated to fixed and mobile businesses. Q: Why maintain the same guidance despite strong growth in the first half, and what about the losses from the Togg project? A: The positive impact of price adjustments will taper off in the third quarter, and high base effects from last year will affect growth. We remain prudent and will reassess after the third quarter. Regarding Togg, it's a long-term investment in the e-mobility ecosystem, and while not profitable short-term, it is expected to create long-term value. Q: Can you explain the increase in financial costs and income from the first to the second quarter? A: Despite higher interest rates, effective balance sheet management resulted in TRY 670 million positive income from FX management. Our net FX position is well-managed, and we use short-term hedging to mitigate currency risks. Q: What are your thoughts on Turkcell entering the mobile market and its impact on competition? A: We have not seen official statements regarding this. Turkcell has a strong network and customer base, and building a large-scale mobile network requires significant capital and technology. We are confident in maintaining our competitive position. Q: How do you see the future of the Togg project and its impact on financials? A: Togg is a strategic investment in the e-mobility ecosystem. While it currently impacts financials, we expect positive effects from recent regulatory changes and cost management. Long-term, it will add value to Turkcell and Turkey. For the complete transcript of the earnings call, please refer to the full earnings call transcript. This article first appeared on GuruFocus. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Al Bawaba
10-07-2025
- Business
- Al Bawaba
NBB Becomes the First and the Only Bank in Bahrain to Operate a Tier 3 Certified Data Centre
The National Bank of Bahrain (NBB) has officially inaugurated its new revamped Data Centre, marking a significant step in strengthening the Bank's digital footprint. Following the completion of an extensive migration process, NBB has become the first and the only bank in the Kingdom that has designed, built, and is operating its own Uptime Institute Tier 3 certified Data Centre, a unique distinction that reflects the highest international standards of operational reliability and infrastructure has successfully completed an 18-month strategic infrastructure transformation, with the support of the Central Bank of Bahrain. This initiative, marked by the modernisation of legacy systems and over eight phased migration activities, exemplified best-in-class risk management and execution. The seamless transition of the Bank's digital ecosystem has resulted in a Tier 3 certified facility, meeting the highest international standards for security, sustainability, and operational on the occasion, Usman Ahmed, Group Chief Executive Officer of NBB said, 'The new Data Centre represents NBB's continued investment in infrastructure that delivers long-term resilience. It strengthens the Bank's operational backbone while advancing its ESG goals by embedding energy optimised technology directly into its core infrastructure. Delivering a transformation of this scale required synchronised execution from teams working across multiple phases to ensure a smooth transition. Every aspect of this major project was guided by a commitment to providing a frictionless and stable experience for customers. We are incredibly proud of what the NBB team and its partners have built together.' With a steadfast focus on digital innovation and operational excellence, NBB continues to reinforce its role as a key player in enhancing service delivery standards within Bahrain's banking sector. © 2000 - 2025 Al Bawaba ( Signal PressWire is the world's largest independent Middle East PR distribution service.
Tahawul Tech
09-07-2025
- Business
- Tahawul Tech
magic quadrant Archives
Veritas Technologies has announced that it has been recognised by Gartner, Inc. in the 'Leaders' quadrant of the Magic Quadrant for Data Centre Backup and Recovery Software.
Yahoo
16-06-2025
- Business
- Yahoo
STL expands Data Centre portfolio to meet emerging requirements for AI data centres
- High-performance, comprehensive cabling and connectivity solutions and engineering services - Fully compliant solutions, meeting international standards DUBAI, UAE, June 16, 2025 /PRNewswire/ -- STL (NSE: STLTECH), a leading optical and digital solutions company, today announced the launch of a new generation of Data Centre solutions, ranging from cabling to end-to-end connectivity offerings designed to power the relentless demands of AI-driven data centre infrastructure. This new-age solution is engineered to meet the exact requirements of hyperscalers, colocation players, enterprises and telecom service providers to build agile, scalable, and sustainable Data Centre infrastructure. With the global data centre market projected to reach USD 517 billion by 2030[1] (growing at a CAGR: 10.5% from 2021-2030), legacy infrastructure cabling systems are buckling under the demands for lower network latencies, rising network speeds and density requirements, as well as sustainability mandates. With this launch, STL bridges this gap by bringing to the core its 30+ years leadership in Optical network connectivity. STL's data centre products are designed, manufactured, and tested in a state-of-the-art manufacturing facility, meeting international standards. STL's solutions are fully compliant with ANSI/TIA-942, TIA-568 and ISO 11801 standards and backed by a 25-year performance warranty, ensuring reliability. STL Data Centre solution includes high-performance fibre and copper cabling solutions designed for modern buildings, campuses, and data centres. Copper systems ensure reliable data, security, and AV connectivity, while the riser and campus fibre cabling support high-speed, low-latency networking for smart infrastructure. Pre-terminated multi-fibre systems with LC/MPO connectors provide scalable, space-efficient solutions ideal for data centres. STL Celesta, high-density IBR technology, offers a high-capacity, low-latency solution for scalable, future-ready deployments for inter-data centre connectivity. "The future of data centres lies in architectures that balance scale, speed, and sustainability," said Rahul Puri, CEO, Optical Networking Business, STL. "In today's AI-driven era, Data Centre solutions aren't just about moving data—they're about enabling intelligence at scale. At STL, we recognise that every data centre has unique requirements. We therefore pair our cutting-edge solutions with bespoke design services, ensuring each deployment meets every unique requirement and is on time. Together, we're not just building infrastructure; we're architecting the backbone for tomorrow's digital economy." To explore STL's expanded Data Centre Portfolio, visit [1] About STL - Sterlite Technologies Ltd: STL is a leading global optical and digital solutions company providing advanced offerings to build 5G, Rural, FTTx, Enterprise and Data Centre networks. Read more, Contact us, | Twitter | LinkedIn | YouTube For more information, contact: Media RelationsShaily Rai Investor RelationsAjay Jhanjhariinvestor@ Logo: View original content: SOURCE Sterlite Technologies Ltd - STL Sign in to access your portfolio
