SEAX Global, a privately held Southeast Asian wholesale connectivity provider, has acquired a major stake in Thailand’s Interlink Telecom Pcl (ITEL), expanding its footprint in one of the region’s biggest network markets, the companies said.
The deal adds ITEL’s domestic fibre network and telecom licences to SEAX’s subsea and terrestrial links spanning Malaysia, Singapore and Indonesia. Financial terms and the size of the stake were not disclosed.
SEAX said the transaction is aimed at building an end-to-end regional connectivity platform for enterprises and digital-economy customers seeking cross-border capacity, while ITEL said it would work with SEAX on infrastructure linking Thailand with markets including Singapore, Malaysia, Indonesia, Vietnam and Hong Kong.
ITEL Global, a new unit formed to handle international requirements, will continue to manage operations in Thailand, the companies said.
The acquisition comes as telecom operators and data-centre clients seek more resilient routes and lower-latency connectivity across ASEAN, driven by cloud adoption and the build-out of AI-related computing capacity.
SEAX said its SIJORI hub links Singapore, Johor Bahru and Batam, positioning it to serve customers that need capacity across major data and industrial corridors.
SEAX described itself as “geopolitically neutral” and said it is owned by the family of Low Tuck Kwong, the Indonesia-based entrepreneur best known for founding coal producer Bayan Resources.
ITEL is a Thai fixed-network provider that sells enterprise connectivity such as VPN services, dark fibre and leased circuits, and also offers data-centre space and cloud-related services.
The company said it has expanded into a fourth business line in medical equipment distribution and services.
Analysts say cross-border connectivity is becoming a sharper competitive battleground as cloud providers, OTT platforms and multinationals demand redundancy, compliance and tighter latency across multiple markets.
For SEAX, the attraction is control of a domestic Thai fibre footprint to pair with international capacity; for ITEL, it is access to a wider regional sales channel and subsea routes.
