CapMan Infra has acquired the Danish data center colocation company Fuzion. This week, the transaction via the CapMan Nordic Infrastructure II fund was announced. The acquisition terms were not disclosed. Fuzion was founded in 2001 and operates out of four data centers in the Jutland region of...

The Swedish telecommunications company Telia Company has agreed to transfer its Danish operations to the energy and telecommunications corporation Norlys for $919.85 million. Telia explains that its strategy is to concentrate on markets where it can obtain and defend a market-leading position....

Telia joins the big tech job cuts with the announcement that it is cutting 1,500 jobs this year, 1000 in the first quarter, and the rest throughout the year. According to the company, it has been aiming to reduce its workforce by around 1000 a year, since 2021, in line with its restructuring p...

As part of the EU's Fit for 55 legislative package, it is pushing for data centers to be connected to surrounding district heating networks to use surplus heat. A new report from the Cool-Data project has comprehensively reviewed the rules and incentives around waste-heat recovery by data cent...

Telia has announced that it has signed a PPA with Eesti Energia to be provided with 156GWh of renewable wind electricity over five years, starting at the end of 2022. According to the company, this deal will provide the European telco with 70% of its power needs, including its fixed and mobil...