SI
SI
discoversearch

   Technology StocksInfinera


Previous 10 Next 10 
From: FUBHO9/28/2017 3:51:39 PM
   of 3346
 
Virtus unveils plans for London’s largest data centre campus

28 September 2017 | Jason Mcgee-Abe

Virtus Data Centres continues its rapid expansion announcing plans for two new adjacent facilities on a single campus near Stockley Park, west London.

The new site will be amongst the most advanced in the UK and create London’s largest data centre campus. Establishing this new mega campus further strengthens Virtus as a large hybrid colocation provider in the London metro area.

The two buildings, on the secure eight acre campus, total 34,475m2. Known as Virtus LONDON5 and LONDON6, they are designed to deliver 40MW of IT load and have the secured power capacity to increase to 110MVA of incoming power from diverse grid connection points, future proofing expansion for customers.


"With the hunger for connectivity and data growing exponentially, our data centres continue to play a vital role in enabling the UK and Europe’s digital economy. We work with clients across all industries, all with unique audiences and IT landscapes, but with the common need to deliver the highest levels of availability, performance and security of digital experiences,” said Neil Cresswell, CEO of Virtus Data Centres.

“As we move with our customers into an increasingly digital future, we help them deliver high performing applications and content. We provide fast, seamless connectivity to networks and public clouds, along with the capacity for vast data storage and compute processing power - all for lower costs. This investment in LONDON5 and LONDON6 means we can grow with our customers and help them achieve their ambitions.”

The campus is situated 16 miles from central London on the main fibre routes from London to Slough and 7 miles from Slough. The company says that this provides “unrivalled hyper efficient, limitless metro fibre connected, flexible and massively scalable data centre space, within the M25”.

Work in LONDON5 has started and general availability is expected in early 2018. These two new data centres will provide an additional 17,000 net technical metres (NTM) of IT space and will increase Virtus’ portfolio in London to approximately 100MW across their six facilities in Slough, Hayes and Enfield, with the power to expand to circa 150MW on the various campuses.

Virtus is part of the ST Telemedia Global Data Centres (STT GDC) group, a carrier-neutral and advanced data centre platform with over 50 data centres in India, China, Singapore and the UK.

Share RecommendKeepReplyMark as Last Read


From: FUBHO9/30/2017 12:51:09 PM
   of 3346
 


Data Center Investment in the US This Year Already Beats All Records


datacenterknowledge.com


It’s only the end of September, but the year has already seen more capital invested in data center assets in the US than any previous year.
Sep 29, 2017

Total value of entire data center companies, asset portfolios, and individual facilities that changed hands this year so far was $18.2 billion, according to a tally by the commercial real estate firm CBRE. That’s more than double the amount of investment in 2016; it also puts 2017 on track to “eclipse” all data center investment in the last three years combined, CBRE Research said in a recent market report:

Over the past five years, more than $45 billion of investment capital has flowed into the data center sector, with more than 50% of the total occurring since Q4 2015

This year owes its outsize level of data center investment largely to three mega-deals: Equinix’s $3.6 billion acquisition of a 24-data center portfolio from Verizon, the $2.8 billion acquisition of CenturyLink’s data center portfolio by BC Partners and Medina Capital (to form Cyxtera Technologies), and the $7.6 billion acquisition of DuPont Fabros Technology by Digital Realty Trust.

Those were three of 21 M&A deals in the sector that closed this year. There were two other billion-plus-dollar deals on

the list: the $1.68 billion acquisition of ViaWest by Peak 10 and the $1.2 billion acquisition of Vantage Data Centers by a Digital Bridge-led consortium.

Many of the deals on the list are acquisitions of individual properties, such as GI Partners’ $276 million acquisition of KOMO Plaza in Seattle and CentralColo’s $96 million acquisition of Tysons Technology Center in Northern Virginia.

Looking at the list, it’s hard not to notice one particularly active buyer: Carter Validus, a non-publicly traded REIT that primarily buys fully occupied data centers and medical facilities; in many cases they are sale-leaseback transactions, where the occupant sells the facility but stays there as the buyer’s tenant. Carter Validus has bought five data center assets so far this year, spending close to $300 million.

Here’s how US data center investment levels have trended since early 2011, according to CBRE:


CBRE

Share RecommendKeepReplyMark as Last Read


From: FUBHO10/2/2017 11:27:07 PM
   of 3346
 

Share RecommendKeepReplyMark as Last ReadRead Replies (1)


To: FUBHO who wrote (3243)10/2/2017 11:30:40 PM
From: FUBHO
   of 3346
 
Seaborn Networks, Aqua Comms join for submarine network connection between South America and Europe

lightwaveonline.com


October 2, 2017
Author Stephen Hardy
Editorial Director and Associate Publisher

Seaborn Networks, which owns and operates the newly open for service Seabras-1 submarine network between São Paulo and New York, and Aqua Comms DAC, which operates America-Europe Interconnect-1 (AEConnect), have agreed to link their submarine cable infrastructures. The result will be the offering of undersea fiber connections between South America and Europe.


The two networks will link in Secaucus, NJ, where Seaborn's primary network operations center resides. The two submarine network operators will then offer geographically diverse backhaul and points of presence (PoPs) in the metropolitan areas around their respective landing stations. The agreement covers other infrastructure the two companies might deploy in the future.

Seaborn and Aqua Comms say they will offer consolidated capacity contracts and billing, Seaborn's SeaSpeed low-latency service for financial institutions (see "Seaborn Networks offers SeaSpeed service between Carteret, NJ, and São Paulo"), as well as a high level of service overall.

"We are extremely pleased to partner with Aqua Comms to offer this precedent-setting Europe to South America route," said Larry Schwartz, CEO of Seaborn Networks. "Our organizations are like-minded operators with a shared view of how to offer best-in-class solutions for telecommunications companies, content providers, ISPs, governments, and enterprises."


==============================
Infinera and Seaborn Set Subsea Industry Benchmark for Capacity-Reach with XTS-3300 on Seabras-1


Share RecommendKeepReplyMark as Last ReadRead Replies (1)


To: FUBHO who wrote (3244)10/2/2017 11:32:52 PM
From: FUBHO
   of 3346
 
CenturyLink/Level3 Agree to Divest Some Fiber, Gain Approval

October 2nd, 2017


The U.S. Department of Justice has given CenturyLink and Level 3 Communications the green light for their merger, but not without some pretty significant conditions. The combined company will be divesting a substantial pile of fiber assets to pass regulatory muster. [Read more ?]


On the metro fiber front, they will be divesting the Level 3 metro network assets in Albuquerque, Boise, and Tucson. All three are not exactly Level 3's biggest metro markets, but they aren't particularly big metro markets for anyone but CenturyLink. The combined company will keep the customers who want to stay, and possibly lease capacity in the divested assets to do it where necessary.

But the bigger divestment is in the intercity fiber department. The combined company will have to divest an IRU for 24 strands of dark fiber connecting 30 city pairs nationwide. We haven't really seen that sort of asset hit the market in a long while. The list of buyers could be quite interesting and very long.

Big consolidators like Zayo, Crown Castle, Uniti Group, Windstream, and even GTT are each fairly light on intercity fiber at least somewhere in or adjacent to their footprints. Any number of big content and cloud providers could easily find a use for that much fiber, so you can't leave Google, Microsoft, Facebook, or Amazon off the list. Various private equity groups would certainly take a look at it as well. You might even see an international interest, whether it be someone like Teliasonera or NTT or Altice. And of course with 5G looming, there are always Verizon and AT&T if they decide it's worth it. But it's rather unclear what any potential buyer would have to pay for the IRU at this stage.

Regardless, CenturyLink and Level 3 have cleared one more hurdle on their year-long journey toward this merger. They have nearly all the regulatory approvals they need, although California is still missing from the list. They still anticipate the actual closing by mid to late October.

Share RecommendKeepReplyMark as Last Read


From: FUBHO10/3/2017 12:09:00 AM
   of 3346
 
XTM II announcement/deal soon? ...

5G Asia 2017
Singapore
Event website
See confirmed speakers and topics
Sten Nordell, Infinera Chief Technology Officer, Metro Business Group, to speak on "Building the 5G-Ready Mobile Transport Network of the Future, Today" on Tuesday, October 3, at 2:00 p.m.
10/02/2017 - 10/04/2017
SDN NFV World Congress 2017
The Hague, Netherlands
Event website
See confirmed speakers and topics
Sten Nordell, Infinera Chief Technology Officer, Metro Business Group, to speak on "Opening Up Optical Transport Networks" on Tuesday, October 10, at 3:05 p.m.
Geoff Bennett, Infinera Director, Solutions and Technology, Metro Business Group, to speak on panel on "Open Line Systems" on Tuesday, October 10, at 5:20 p.m.
10/09/2017 - 10/13/2017

Share RecommendKeepReplyMark as Last Read


From: FUBHO10/3/2017 3:22:08 PM
   of 3346
 
34bn CenturyLink-Level 3 merger cleared by US Justice Department

capacitymedia.com


03 October 2017 | Jason Mcgee-Abe

The US Department of Justice has agreed to clear CenturyLink’s pending acquisition of Level 3 Communications, subject to conditions outlined in a consent decree, including court approval of certain provisions, and other customary closing conditions.

Last month, CenturyLink pushed back the deadline to close the takeover in mid-to-late October. The acquisition is another step closer to completing but the deal remains subject to regulatory approval from the Federal Communications Commission (FCC) and the California Public Utilities Commission, the latter of which is set to vote on the deal at its next general meeting on 12 October. The California Administrative Law Judge has already advised state regulators to approve the deal, saying it is in the public interest.

"We are pleased that the Department of Justice has conditionally cleared CenturyLink's acquisition of Level 3. It is an important milestone in our overall approval process," said John F. Jones, senior vice president for public policy and government relations at CenturyLink.

"We anticipate court approval of our agreed resolution with the Department of Justice as early as this week. We are focussed on meeting our targeted transaction closing timeframe of mid-to-late October."

Both companies filed applications on 21 December 2016 with the FCCseeking the Commission’s approval to transfer control of various licences and authorisations held by Level 3’s operating subsidiaries to CenturyLink. However, the application has been paused since 9 June 2017 on “170 days”. The FCC has an informal timeline of 180 days which is a benchmark to help the FCC reach a decision on most applications relating to complex mergers. It has been 115 days since the clock was paused.

The 9 June 2017 saw CenturyLink submit a letter to the FCC stating that it intended to file additional data to supplement its previous responses.

In response that day, Kris Monteith, chief of the Wireline Competition Bureau, said in a letter to the companies’ respective counsels: “We appreciate your cooperation in providing this material, which we believe is necessary to allow us to complete our review of your applications, and we look forward to receiving it. Once we have had an adequate opportunity to review the new information, including engaging in any discussions with the Department of Justice, as permitted under our rules, and determining whether we need additional information, we will restart the clock.”

Although the FCC "endeavours to meet its 180-day goal in all cases, several factors could cause the Commission’s review of a particular application to exceed 180 days". However, with the Department of Justice agreeing to clear the deal and with CenturyLink estimating the approval to come “as early as this week”, we could see the FCC restart the clock this week with 10 days left.

CONSENT DECREEThe consent decree requires the combined company to divest certain Level 3 metro network assets and certain dark fibre assets. These divestitures are not expected to have a material impact on the pro-forma operating revenue and operating cash flows of the combined company.

Metro network asset divestitureUnder the consent decree, the combined company is required to divest Level 3 metro network assets in three metro areas: Albuquerque, N.M.; Boise, Idaho; and Tucson, Ariz. The combined company will continue to serve all current Level 3 customers unless they choose to be served by the buyer of divested assets in each metro area. Where needed to provide uninterrupted service to customers, CenturyLink may purchase some network services from the buyer of divested assets in each metro area. CenturyLink retains all of its existing networks and business operations in these three metro areas and will continue to provide a full suite of telecommunications and data services to residential and business customers.

Dark fibre asset divestitureThe consent decree also provides that the combined company will divest 24 strands of dark fibre connecting 30 specified city-pairs across the US in the form of an Indefeasible Right of Use, a customary structure for such transactions. Because the fibres are not currently in commercial use, this divestiture will not affect any current customers or services.

So far, 24 states and territories have approved or regulatory cleared the acquisition. The following states have already approved the acquisition: Alaska, Colorado, Delaware, Georgia, Hawaii, Maryland, Minnesota, Mississippi, New Jersey, New York, Ohio, Pennsylvania, Utah, Virginia, Washington, West Virginia and the District of Columbia. The transaction has received regulatory clearance from Connecticut, Indiana, Louisiana, Montana, Nevada, Texas and Puerto Rico.

The combined company will offer customers a broader and more complementary range of services and solutions, and enable the advanced technology and growing bandwidth needs of its business, government and consumer customers.

The proposed deal will increase CenturyLink's network by 200,000 route miles of fibre, including 64,000 route miles in 350 metropolitan areas, and 33,000 subsea route miles connecting multiple continents. CenturyLink's on-net buildings are expected to increase by nearly 75% to approximately 75,000.

CenturyLink CEO Glen Post, who is set to lead the combined company, said the "slight delay" is viewed by the company as "manageable", and does not affect the company’s integration plan.

"We are working to obtain the remaining approvals, including the State of California, the Department of Justice, and the Federal Communications Commission, and want to give the regulators time to complete their review process."

CenturyLink CTO Aamir Hussain recently told Capacity that the company had identified almost $1 billion worth of potential synergies from the merger, most of it coming from operational costs around its network. Hussain also said the deal will make CenturyLink "a worldwide player" and "number two in the world in enterprise".

To read the full interview with Aamir Hussain, in which he discusses how CenturyLink will merge its network with Level 3, click here.

Share RecommendKeepReplyMark as Last ReadRead Replies (1)


To: FUBHO who wrote (3247)10/3/2017 3:28:11 PM
From: FUBHO
   of 3346
 

AT&T, Frontier, CenturyLink hail Pai’s chairman confirmation

by Sean Buckley Oct 3, 2017 12:04pm
FCC Chairman Pai’s unsurprising ascent to a second term has been met with open arms by telcos AT&T, CenturyLink and Frontier.

Share RecommendKeepReplyMark as Last Read


From: FUBHO10/4/2017 9:02:59 PM
   of 3346
 




Facebook to Build $1B Data Center in Virginia: Report

OCT 04, 2017
Company plans 1 million square feet in Phase I; location is 100...

Share RecommendKeepReplyMark as Last Read


From: FUBHO10/5/2017 1:25:53 PM
   of 3346
 
NeoPhotonics blames slow China demand for upcoming layoffs

lightwaveonline.com

October 5, 2017
Author Stephen Hardy
Editorial Director and Associate Publisher

Citing the fact that soft demand for its products in the China market has continued into the third quarter, NeoPhotonics Corp. (NYSE: NPTN) has announced restructuring efforts that include layoffs. Company management expects the restructuring to reduce quarterly operating expenses immediately and result in an approximately $2 million reduction when fully realized in the first quarter of 2018.

The company did not reveal how many employees will be affected. The restructuring also will include real estate consolidation, a write down of inventory for "certain programs and assets" and a write-down of idle assets. Reduction costs are expected to be approximately $4.8 million, with $4.2 million in asset-write off costs and $0.6 million in severance costs. NeoPhotonics predicts approximately $4.6 million of these costs will fall in the third quarter, with the rest incurred in the fourth quarter.

While reports suggest that optical transceiver sales overall began to climb in the second quarter of this year (see "Optical transceiver sales rebound in 2Q17: LightCounting"), that growth came despite continued weakness in demand from systems houses in China. That softness has yet to show signs of relenting, according to NeoPhotonics.

"Lacking a clear indication of increased demand in China in the third quarter, we initiated several operational changes with the goal of expediting our return to profitability, including implementing certain restructuring initiatives designed to align our business with the current demand environment and lowering manufacturing output to manage inventory levels," said Tim Jenks, chairman and CEO of NeoPhotonics. "In taking these actions, we have maintained our research and development focus on products for next-generation coherent systems, operating at 400 Gbps to beyond 1 Tbps, wherein our advanced hybrid photonic integration provides the highest value."

The restructuring announcement came as NeoPhotonics released preliminary results for the third quarter. The company expects to report revenue between $69 million to $71 million, with GAAP gross margin of approximately 10% to 13% and GAAP loss per share of $0.50 to $0.40, inclusive of the restructuring charges. These figures compare to previous guidance of $70 million to $76 million in revenue, GAAP gross margin of 23% to 26%, and GAAP net loss per share of $0.21 to $0.11.

Meanwhile, the company now expects non-GAAP gross margin will be in the range of 14% to 17% and non-GAAP loss per share in the range of $0.35 to $0.27. Previous guidance called for non-GAAP gross margin of 24% to 27% and non-GAAP loss of $0.17 to $0.07. In addition to the restructuring charges, non-GAAP gross margin and non-GAAP net loss will suffer from the decision to reduce production levels during the quarter because of the lack of visibility into future demand levels in China.

Share RecommendKeepReplyMark as Last Read
Previous 10 Next 10 

Copyright © 1995-2017 Knight Sac Media. All rights reserved.Stock quotes are delayed at least 15 minutes - See Terms of Use.