Panamá City News

Kio Networks, a Mexican data center company, is developing a third data center in Querétaro. The corporation revealed this week that it had purchased 261,100 square feet of land in Querétaro for the development of a new data center. QRO3 will be the company's third plant in the region, and its...

A new data center for Kio Networks has begun construction in Paterna, a city in the Valencia region of Spain. This Thursday, the Valencian Generalitat revealed that construction on a new facility at the Paterna Tactical Park had started. The project will allegedly get $53.5 million from the co...

Kio Networks has announced the acquisition of a new data center campus in the greater Mexico City. The acquired data center is called KIO MEX6, which has a capacity of up to 20MW across 50,000 sqm. The facility is also capable of hosting telecom and critical IT services. Kio Networks also conf...

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...

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...

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 to...

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...

I Squared Capital is to acquire KIO Networks through its ISQ Growth Markets Infrastructure Fund and ISQ Global Infrastructure Fund III. None of these companies disclosed the terms of the deal. KIO Networks is the biggest data center firm in Mexico. It operates 11 core data center campuses acro...

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 of...