GTT Ghet News

European Edge firm nLighten has acquired seven data centers from sister company Exa Infrastructure in a move which positions it as a "frontrunner" in the European data center market, while allowing Exa to focus on its terrestrial and subsea fiber network. This expansion brings nLighten's total...

Aqua Comms and Exa Infrastructure announced this week that CEO Jim Fagan has jumped ship and will be leaving Aqua Comms immediately. He will be taking over the role as CEO at Exa Infrastructure in August. Chairman Alan Harper is to provide commercial and strategic assistance throughout the rem...

Xavier Niel, the founder of French telecoms company Iliad, has acquired a six percent stake in Belgian telco Proximus through his holding company Carraun.The Belgian government has a majority stake of 53.51% in this telco, while the company holds 4.59 percent of its share capital. Niel said, "...

Exa Infrastructure recently announced that former Vodafone chief executive Nick Read will lead the business with immediate effect. Read, appointed as chairman of Exa Infrastructure in June, will replace Martijn Blanken as chief executive on an interim basis. As part of the transition, Blanket ...

Last week, a fire in a data center operated by the Belgian telecommunications company Proximus temporarily disrupted phone services for contacting emergency services.Last Wednesday morning, emergency numbers 112 (firefighters and ambulances in a hazardous situation) and 101 (police) were inacc...

Datacenter United, based in Belgium, is acquiring local collocation provider Hasselt DC and constructing a new data center. This week, investment company and DCU proprietor TINC announced that the two Hasselt DC data centers in Limburg are now "part of the Datacenter United ecosystem." The ter...

Since its founding in 2021, Exa Infrastructure has spent $42.5 million in digital infrastructure for the Iberian Peninsula, Spain. Sixty-two miles of Barcelona's metro network have been upgraded, linking various data centers, including those owned by Interxion, Equinix, Edge Energy, and EdgeCo...

Belgian IT services provider Win and its data center affiliate Wallonia Data Center have been bought by Belgian ICT company NRB Group. This week, the business disclosed that it had purchased Nethys, a telecom owned by Enodia, as well as Win and its affiliate Wallonia Data Center (WDC). The ...

LCL has announced that it is deploying more solar panels at one of its data centers, at the LCL Wallonia One site in Gembloux. Currently, the park has 2,000, but this expansion will see an addition of 1,300, taking the site’s generating capacity to 1.6MW. According to the Belgian data center f...

I Squared Capital has completed the acquisition of GTT’s infrastructure business. It has also launched a new Company with the name Exa Infrastructure in the process. I Squared Capital acquired GTT Communications’ subsea, data center assets, and terrestrial network infrastructure. The acquir...

It is being reported that GTT Communications is considering bankruptcy.  A potential bankruptcy would interrupt the infrastructure sale (which was primarily the former Interoute, KPN and Hibernia) for $2.15 billion. We will be watching closely as the story develops.Additional Information: http...

GTT has announced that it has signed an agreement to sell its Infrastructure division to I Squared Capital (ISQ) for $2.15 billion. GTT signaled plans to sell the infrastructure business last fall when it hired Credit Suisse Group and Goldman Sachs as financial advisors.  It's expected that IS...