GTT Milan 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...

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 ...

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...

Italian data center company Irideos has begun work on a new data center at its Avalon campus in the city of Milan. The new facility named Avalon 3 will have space for 500 racks across 37,700 square feet (3,500 square meters). It will also have 3.2MW of capacity. Irideos is building the new ...

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...