Apr 15, 2024 | Posted by Abdul-Rahman Oladimeji | Lumen Technologies
Lumen Technologies has secured a contract worth about $73.6 million from the US Government Accountability Office (GAO) under the General Services Administration's Enterprise Infrastructure Solutions (EIS) program. This multi-million dollar contract will see Lumen modernize network, data, voice...
Nov 10, 2023 | Posted by Abdul-Rahman Oladimeji | Lumen Technologies
The US Defense Information Systems Agency has awarded Lumen Technologies a $110 million contract to provide mission-critical network services to the US Department of Defense (DoD). This contract has a timeline of five years, from November 30, 2023, through September 30, 2028. This contract is...
Oct 16, 2023 | Posted by Abdul-Rahman Oladimeji | Lumen Technologies
Lumen announced that it’s Content Delivery Network (CDN) business will be shut down and it has sold its customer contracts to Akamai. Both companies will undergo a transition services agreement for 90 days before Lumen completes its shut down. "We are deep into our transformation of Lumen and ...
Aug 03, 2023 | Posted by Abdul-Rahman Oladimeji | Lumen Technologies
In the second quarter, Lumen Technologies reported a loss of $8.74 billion, a significant decrease from the $344 million profit in the same quarter last year. The company, formerly CenturyLink Enterprise, has lost more than 66 percent of its value this year, reducing its market capitalization ...
Apr 26, 2023 | Posted by Abdul-Rahman Oladimeji | Miami
A new fire station and data center are being built for a Florida fire department. The grand inauguration of Fire Rescue Station 50, a brand-new firehouse and emergency operations data center for the City of Marco Island, is scheduled for April 28. The fire station and data center are located o...
Nov 07, 2022 | Posted by Abdul-Rahman Oladimeji | Lumen Technologies
Lumen has announced that it will sell its Europe, Middle East, and Africa (EMEA) operations to Colt in a $1.8 billion deal. The deal will see Lumen divest its EMEA business, including its data centers, terrestrial and subsea networks, and network equipment in the EMEA region, to Colt. The deal...
Sep 05, 2022 | Posted by MadalineDunn | Miami
iM Data Centers, a manufacturer of modular data centers, has announced that it is joining the Infrastructure Masons (iMasons) Climate Accord (ICA), a collaboration between digital infrastructure companies that have come together to push forward carbon neutrality initiatives. According to Dean ...
Aug 23, 2022 | Posted by Abdul-Rahman Oladimeji | Miami
A Sprint Telecom-occupied data center in Florida has been put up for sale. The data center is located at 360 S. Lake Destiny Drive, Orlando. According to a property listing, the data center spans 2,430 square meters (26,245 square feet). It also sits on a 3.11-acre of land. The facility cur...
Jun 10, 2022 | Posted by Abdul-Rahman Oladimeji | Miami
iM Critical has announced the opening of its new data center in Miami, Florida. The 9,290 square meter (100,000 square foot) data center building offers 5MW capacity and more than 5,575 square meters (60,000 square feet) of colocation space. The CEO of iM Critical, Michael Roark, said the Miam...
May 09, 2022 | Posted by Abdul-Rahman Oladimeji | Miami
Stonerock Capital Partners and Triple Double have completed the acquisition of two properties in downtown Miami. The properties are located at 200 SE 1st Street and 44 W. Flagler Street. They paid $56.7 million for both properties. The 200 SE 1st property is a 12-story, 13,200 square meter ...
Mar 21, 2022 | Posted by Abdul-Rahman Oladimeji | Miami
Publix has plans to develop a data center at a former FedEx building in Florida. According to reports, the Supermarket chain is looking to invest $40 million in the building located in Polk County, Florida. However, the details of the project aren’t concrete enough at this time, as Publix c...
Jan 21, 2022 | Posted by Abdul-Rahman Oladimeji | Lumen Technologies
Lumen Technologies has won a $1.2 billion contract from the US Department of Agriculture. Lumen is to deliver a fully integrated wide-area data transport service to over 9,500 US Department of Agriculture locations across the country and around the world. With this contract, Lumen will offer a...
Sep 07, 2021 | Posted by Abdul-Rahman Oladimeji | Lumen Technologies
Lumen Technologies, formerly known as CenturyLink, has agreed to pay $275,000 to resolve a Civil Contempt Claim by the Department of Justice for its acquisition of Level 3 Communications Inc in 2016. The Justice Department accused Lumen (formerly CenturyLink) of violating the terms designed...
Aug 06, 2021 | Posted by Abdul-Rahman Oladimeji | Lumen Technologies
Lumen Technologies has announced that it is selling its current local exchange carrier (ILEC) business in 20 states for $7.5 billion. The firm will be selling the business to Apollo Funds. Lumen Technologies currently operates the ILEC business under the CenturyLink name, and the business incl...
Jul 28, 2021 | Posted by Abdul-Rahman Oladimeji | Lumen Technologies
Lumen Technologies has announced the sale of its entire Latin American business to Stonepeak Infrastructure Partners. The sale is said to be worth $2.7 billion. Australia’s largest pension fund, AustralianSuper, is also investing funds in the deal with Stonepeak. The current leadership team...