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NextDC Pauses Uncontracted Projects, Shifts Capital to Committed Capacity

The Australian data-center operator said it paused projects without customer contracts and reallocated capital to building capacity already contracted to customers.

NXT

By Stuart CondieSYDNEY-- Australian data-center operator NextDC on Wednesday said it had paused all projects not backed by customer contracts and reallocated capital to building out capacity already contracted to customers.ASX-listed NextDC, which is in the midst of an aggressive expansion in Austr…