Has Reliance Found a Buyer At Last For Its Submarine Cables?
For quite a few years now, the Indian telecommunications giant Reliance Communications has been looking for a way to monetize its international networking assets. According to Telegeography, China’s CITIC Telecom is said to be preparing a bid, at least for the submarine cable part. Have they finally found a buyer? … [visit site to […]
Equinix Completes Brazilian Invasion
Equinix’s entry into the Brazilian data center market is now officially complete. Yesterday they announced the purchase of the 47% of ALOG Data Centers that it didn’t already own, bringing two data centers in Rio de Janeiro and two more in Sao Paolo all the way into their orbit. … [visit site to read more]
Juniper Sells Pulse, Sees Demand Softening in Q3
In their Q2 report yesterday after the markets closed, Juniper Networks posted pretty solid numbers. Unfortunately, the ones they forecast for Q3 were not up to expectations and the stock is down 6% in premarket trading. Meanwhile they forged ahead with their streamlining plan with the sale of Junos Pulse. … [visit site to read more]
Wednesday Roundup: Global Capacity, Birch, Merit, tw telecom
Here’s a quick mid-week roundup of some interesting news items from this week: … [visit site to read more]
Level 3 Plans to Bring On 2 tw telecom Executives
The closing of the deal may be a few months off, but the management team that will lead the combined Level 3/tw telecom was announced today. We already knew Larissa Herda wouldn’t be staying on of course, leaving the top slot for Jeff Storey, but two of tw telecom’s top management will be merging in. […]
Private Equity Moves In At Expereo
Private equity dollars earmarked for the internet infrastructure sector are increasingly getting spent over in Europe. Today the Carlyle Group announced it has not just invested in Expereo, but has taken a majority stake in the company. … [visit site to read more]
Slim to Bid For T-Mobile?
The Wall Street Journal speculated over the weekend that Carlos Slim and his company America Movil might make a big move north of the border. And of course in the US mobile market, there is only one target getting that sort of attention – T-Mobile USA. Just what the US telecommunications markets need: another foreign billionaire? […]
Zayo Finds Some More UK Fiber to Buy
Zayo seems to have found some distressed fiber assets over in the northern UK to bring under its umbrella. According to reports, Geo Networks is acquiring what’s left of the network of Digital Region, an FTTP project in South Yorkshire. Of course, Zayo purchased Geo just two months back. … [visit site to read more]