Dubbed Apricot, the infrastructure project will link Japan, Singapore, Taiwan, Guam, the Philippines, and Indonesia.
China is increasingly concerned by security issues related to intelligent vehicles, exemplified by the Didi crackdown and pressure on Tesla.
The Singapore-based colocation giant says it’s seeing promise of substantial energy savings in early results.
The deal values Iliad at about 10.85 billion euros ($12.9 billion), according to Bloomberg calculations.
The company is looking for partners for operations comprising about 20% of group revenue.