NTT ties up with Australian fund Macquarie in data center investment

$800m deal to co-own European and American facilities of Japanese telecom group

20220401 NTT logo

The tie-up is designed to ease the investment burden on NTT, the world's third-largest data center operator. © Reuters

DAIKI HIRAOKA and AKIHIRO OTA, Nikkei staff writers

TOKYO -- Nippon Telegraph and Telephone is partnering with Australia's Macquarie Asset Management to jointly own data centers in Europe and the U.S. so that the Japanese telecommunications giant need not shoulder the entire investment alone amid booming global demand.

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