TAR invests US$6.54mn to expand data center in Buenos Aires

Telefónica de Argentina (NYSE: TAR) has invested 20mn pesos (US$6.54mn) in expanding its data center located in capital Buenos Aires, TAR said in a statement. Through this facility, located in the Barracas district, the company provides services to big corporations and government agencies. "The expansion of the data center is part of the transformation in IT and telecommunications services in Telefónica Empresas [IT unit]. This new infrastructure will form the base for offering new services and boosting development of IT and telecommunications in the country," Telefónica Empresas VP Javier Roldán said. Telefónica Empresas is the company's unit in charge of integrated IT and telecommunications solutions for corporate clients. With the expansion, the company added some 2,000 sq m to the existing 3,500 sq m of space for client hosting equipment. The data center now could host 1,500 racks and 1,200 servers and offer hosting managed services (backup, centralized storage, content delivery), appliances such as e-commerce, CRM and ERP, and physical security.