"If the outage leads Tabcorp to reconsider its data centre provider, it would be further bad news for Global Switch, which has already lost a range of government clients this year due to new rules around data sovereignty.
Government clients of Global Switch's Ultimo data centre, including the Australian Taxation office, the Department of Foreign Affairs and Trade and the Department of Defence, were supposed to exit the facility by September of this year, after Chinese consortium Elegant Jubilee took full ownership in August 2019.
But in May The Australian Financial Review revealed that this was proving to be a challenging task and Defence had extended its Global Switch contract while it determined where to locate its unclassified data."
NXT Price at posting:
$14.05 Sentiment: None Disclosure: Not Held
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