GTT Stockholm 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...

Swedish colocation data center provider Conapto has installed Vertiv Liebert EXL S1, an Uninterruptible Power Supply (UPS) system that provides an integrated solution for critical power protection and grid support capabilities. “With the introduction of dynamic grid support, we are empowering ...

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...

New Swedish operator T.Loop has acquired a 800 square meter data center located in the center of Stockholm, Sweden. Details about ths facility including the seller and the terms of the transaction have not been shared. However, the company noted that this facility will be modernized throughout...

New data center firm Evroc announced last week that it has signed an agreement with Arlandastad Group to select Stockholm as the location for its first facility and build it in 2024. The company also mentioned that it plans to invest €600 million in the project, which is one of ten it intends ...

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...

According to reports from Swedish news outlets, Bahnhof, a company that operates data centers, has plans to construct a nuclear reactor in order to power a new data center. Plans are being drafted for a small modular reactor (SMR) to be constructed on an industrial site in the Hjorthagen neigh...

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...