CSF Group PLC

What CSF Group PLC does

CSF Group PLC is a publicly listed company (LSE: CSFG) headquartered in Cyberjaya, Selangor, Malaysia, that operates through its wholly-owned operating subsidiary CSF Advisers Sdn Bhd as a carrier-neutral data centre and telecommunications hub exchange. The company's core infrastructure is the CSF TelcoHub platform, which serves as Malaysia's largest carrier-neutral telecommunications exchange facility and hosts more fibre than any competing facility in the country. Across 1,000,000+ square feet of managed data centre white space, including one of the largest data centre facilities in Malaysia, CSF provides co-location and hosting, dedicated suite space, dark-fibre interconnect services, six-layer physical security, and Remote Hands managed services. Its wholly-owned subsidiary Atlas CSF provides design, fit-out, project management, and turnkey construction services and has delivered more than 300 data centres across Malaysia, Indonesia, Thailand, and Vietnam over 30 years.

CSF generates revenue across five streams: recurring co-location and hosting subscriptions, recurring dedicated suite rentals, managed Remote Hands services, telecommunication hub exchange fees, and project-based design-and-construction revenue via Atlas CSF. Pricing is quote-based and not publicly disclosed. The customer base is enterprise-grade and concentrated in regulated, mission-critical workloads: 4 of the top 5 global public cloud providers, 9 of the top 10 Malaysian telecommunication companies, 8 of the top 10 Malaysian banks, plus government-linked organisations, oil and gas operators, and global content owners. Distribution is direct enterprise field sales supported by senior leadership presence at industry events (APRICOT, Capacity Asia, Telecoms World Asia, MYNOG, SGNOG).

In 2024 CSF Advisers was acquired by Digital Realty, a NYSE-listed global data centre operator with 300+ facilities worldwide, and now operates as Digital Realty's Malaysia platform. CSF holds ISO 27001, TIA-942, PCI DSS, TVRA, and Bank Negara Malaysia RMiT certifications, qualifying it for financial services and government workloads. The group employs 51-100 people across its Cyberjaya operations and broader Southeast Asia delivery footprint.

Name

CSF Group PLC

Legal name

CSF Advisers Sdn Bhd

Website

http://www.csf-group.com

Company type

Private

Founded year

1991

Operating status

Operating

Headcount range

51–100 employees

Short description

CSF Group PLC is a Malaysia-based carrier-neutral data centre and telecommunications hub exchange operator, serving hyperscale cloud providers, tier-1 telcos, and major banks from its 1M+ sq ft Cyberjaya facility, now operating as Digital Realty's Malaysia platform.

Ownership category

akta.pro rank

Product category

Data Center Services

NAICS

Computer Facilities Management Services (541513), Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (518210), Computer Systems Design and Related Services (54151)

SIC

Services-Facilities Support Management Services (8744), Services-Computer Programming, Data Processing, Etc. (7370)

akta.pro primary industry

Enterprise Data Centers & On-Prem Facilities (Owned/Operated) (HDABACAG)

akta.pro secondary industries

Data Center Operations & Managed Services (Remote Hands, NOC/SOC) (HDABANAA), Data Center Property Management (BPAJAGAK)

Keywords

• Data center services
• Colocation hosting
• Telecommunications exchange
• Data center construction
• Carrier neutral facilities

Headquarters

HQ city

Selangor

HQ country

Malaysia

HQ region

Asia

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Infrastructure, Operations, Personnel, Technology or R&D

Revenue model

1. Co-location & Hosting Services: Providing secure co-location space with power requirements and infrastructure facilities. Customers can grow as needed at the co-location space.
2. Dedicated Data Centre Space: Customizable dedicated suite services for customers who prefer their own space to place all equipment and racks
3. Managed Data Centre Services: Remote Hands services providing access to skilled technicians for data center management and support
4. Telecommunication Hub Exchange: Carrier-neutral exchange allowing telco providers full access to lay dark fibre into data centre facilities for regional exchange services
5. Data Centre Design & Construction: Through subsidiary Atlas CSF, providing design and development of data centres including project management, fit-out, integration, and turnkey construction management

Go-to-market motion1 record

Distribution channels3 records

Marketing channels5 records

Core offering

CSF Group PLC provides outsourced data center design, construction, and installation services, and through its Malaysia-based operating subsidiary CSF Advisers Sdn Bhd operates a carrier-neutral data center and telecommunications exchange facility offering colocation, hosting, dedicated space, interconnect, security, and managed services to enterprise customers.

Product overview

CSF Advisers is a carrier-neutral data centre provider offering a comprehensive suite of services under its CSF TelcoHub platform. The core offering includes Telecommunication Hub Exchange (CSF THX), interconnect services, co-location and hosting, dedicated data centre space, security services, and managed data centre services. The company's subsidiary Atlas CSF handles design, development, and construction of data centres. Together, they provide end-to-end data centre solutions including design, construction, fit-out, project management, and ongoing operational services for over 1,000,000 square feet of data centre white space in Malaysia.

Differentiator

Problem solved

Functional benefit

Brands

• Atlas CSF: Subsidiary company specializing in design and development of data centres, providing technical consulting, program/project management, and turnkey construction of data centre facilities.

Products and services

• Colocation
• Hosting
• Dedicated Space
• Telecommunications Hub Exchange
• Interconnect
• Security Services
• Managed Services
• CSF TelcoHub
• Data Center Design and Construction

Quantifiable outcome

• Over 300 data centres designed and constructed in South East Asia region
• +3 more outcomes

Named customers6 records

Segments3 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Two partnerships are on record, tiered flagship and core.

• Digital RealtyflagshipStrategic or Co-development PartnerCSF Advisers has transitioned to become Digital Realty's Malaysia operations. Digital Realty is a leading global provider of data centre, colocation, and interconnection solutions. This partnership significantly expands CSF Advisers' global reach and integrates them into Digital Realty's worldwide network of 300+ data centre facilities.
• Atlas CSFcoreStrategic or Co-development PartnerAtlas CSF is a wholly-owned subsidiary of CSF Advisers specializing in data centre design, development, construction, and technical consulting. Atlas CSF has built and fitted out over 300 data centres across Malaysia, Indonesia, Thailand, and Vietnam, providing turnkey project management and construction services.

Scale indicators7 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• EdgeConneX: Hyperscale and edge data center operator expanding across APAC, focused on carrier-neutral and build-to-suit facilities. Comparable as a competing carrier-neutral platform targeting hyperscalers and large enterprise tenants.
• Equinix: Global leader in carrier-neutral colocation and interconnection with Platform Equinix and dense IBX ecosystems. Directly comparable to CSF's carrier-neutral, interconnection-heavy business model and enterprise customer base.
• YTL Data Center: Malaysian-based data center operator and a flagship domestic competitor; recently secured major hyperscale deployments in Johor. Directly comparable as a Malaysian carrier-neutral/ wholesale data center peer.
• AirTrunk: APAC-focused hyperscale data center platform operating large campuses in Malaysia, Singapore, and other SEA markets. Directly comparable as a regional carrier-neutral/wholesale DC operator competing for the same hyperscale customer set.
• Bridge Data Centres: Malaysia- and SEA-headquartered hyperscale data center provider with facilities in Cyberjaya and other regional hubs. Comparable as a direct regional competitor for hyperscale and enterprise colocation in Malaysia.

Broad incumbents

• Iron Mountain Data Centers: Global data center operator with colocation and interconnection offerings across multiple regions. Comparable as a broad incumbent carrier-neutral operator with overlapping enterprise customer segments.
• Digital Realty: Global hyperscale and colocation data center operator that acquired CSF Advisers in 2024. Comparable as the parent platform providing CSF's global distribution and the broader portfolio against which CSF's Malaysia offering is benchmarked.
• NTT Data (Nexcenter / Global Data Centers): Operates a global network of carrier-neutral data centers under the Nexcenter brand with strong APAC presence. Comparable as a broad incumbent with overlapping colocation and managed services targeting enterprise and hyperscale customers.
• KDDI / Telehouse: Global carrier-neutral colocation operator with extensive APAC presence. Comparable as a broader incumbent interconnection platform serving similar enterprise and carrier customer segments.

Regional players

• ST Telemedia Global Data Centres: Singapore-based data center operator with assets across SEA, including Malaysia and Thailand. Comparable as a regional carrier-neutral operator competing for similar enterprise and telco workloads.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/csf-advisers-sdn-bhd

Compliance5 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Subsidiaries1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A1 record

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about CSF Group PLC