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Cyta to acquire RedMax Data Centre in Nicosia, operational by 2027 · Cyprus Report

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Economy · Nicosia

Cyta to acquire RedMax Data Centre in Nicosia, operational by 2027

7 sourcesFirst reported 15 days agoUpdated 14 days ago

Story Compare

14%

Right 71%

1 left-leaning1 center5 right-leaning

Right-leaning outlets dominate coverage at 71%. This often signals the story aligns with conservative priorities, or that left-leaning media is downplaying it. The 14% left-leaning coverage may offer a contrasting angle worth reading.

What all sources covered

Cyta has signed an agreement to acquire the RedMax Data Centre located in the Latsia Industrial Area of Nicosia.
This strategic investment aims to enhance Cyprus' digital infrastructure and strengthen its position as a regional data hub.
The agreement includes plans for the expansion and upgrading of the existing data centre.
The new facility is expected to be operational by 2027, bolstering cloud service capabilities in Cyprus.
This acquisition marks a significant step in the development of Cyta's data centre portfolio.

7 sources

Who reported first

DialogosFirst

Omega TV (Omegalive)+24m

Philenews+43m

Cyprus Mail+1h

Omega TV (Omegalive)+4h

Sigmalive+5h

Cyprus Mail+21h

All coverage