August 22, 2023 Cogent Communications
Cogent Communications intends to transform the former Sprint switching plant real estate footprint acquired from T-Mobile into a substantial colocation data center portfolio. T-Mobile announced in September 2022 that it had agreed to sell its Wireline business to Cogent for a symbolic $1, with...
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August 03, 2023 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 to...
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November 30, 2022 Corscale
New data center company CorScale is looking to develop its first international data center in the UK. According to the Senior Vice President of CorScale, the company is a few days away from filing for planning permission to develop the facility in Iver, outside London. CorScale noted that the...
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November 07, 2022 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 is...
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September 26, 2022 Cogent Communications
Cogent Communications Holdings has acquired T-Mobile’s wireline business for $1 billion. In addition, T-Mobile expects to have a pre-tax charge of $1 billion from selling the unit to Cogent. T-Mobile will also pay Cogent $350m in the first 1 year of closing the deal and another $350m over the...
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May 09, 2022 Cogent Communications
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...
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February 24, 2022 Corscale
Corscale, a new data center development platform, has announced that it has broken ground on its first data center campus in Northern Virginia. The brainchild of real estate firm Patrinely Group and its capital partner, USAA Real Estate, Corscale, will launch the first phase of its project, a...
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February 17, 2022 AT&T
AT&T has signed two solar Power Purchase Agreements (PPAs) with Vitol, an energy trader, it has announced. The virtual PPAs are for approximately 80MW and 75 MW at solar projects in Maryland and Pennsylvania. The two projects are expected to be fully operational by 2022 and 2023,...
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January 21, 2022 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...
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September 07, 2021 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 to...
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August 06, 2021 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...
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July 28, 2021 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 of...
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May 06, 2021 Ark: Canton
Involta has announced its acquisition of SecureData 365. As part of this acquisition, Involta will take over the company’s 29,960 sq ft (2,780 sq m) data center based in Canton, Ohio. The acquisition of the Canton facility means the company will now operate five facilities in Ohio. Its current...
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November 02, 2018 Ark: Canton
On October 3, 2018, the Company acquired the Canton Data Center for approximately $9.4 million excluding acquisition fees and costs. The facility is a colocation data center delivering 1.5 Megawatts of existing capacity expandable to 3.0 Megawatts. Located in Canton, Ohio, the data center is...
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