Data Center News

Verizon Secures Approval for $20bn Frontier Acquisition

Verizon has secured all regulatory approvals to close its acquisition of Frontier Communications. It comes as the carrier this week received approval from the California Public Utilities Commission (CPUC) to push ahead with the deal.“California isn’t just approving a merger, we’re securing rea...

January 16, 2026

Verizon Enterprise

Lumen Appoints Jim Fowler as CTO

Lumen Technologies has appointed Jim Fowler as its executive vice president and chief technology and product officer. The new CTO is to succeed Dave Ward, who is leaving Lumen to become president and chief architect at Salesforce.Starting from January 6, Fowler will manage global technology an...

December 11, 2025

Lumen Technologies

Verizon Names Dan Schulman as CEO

Verizon has announced former PayPal CEO Dan Schulman as the carrier's next CEO. The CEO transition at the company means that current chief Hans Vestberg steps down from the role, which he has held since 2018.“I believe in Verizon and its future, and I am honored to be chosen to serve as CEO,” ...

October 06, 2025

Verizon Enterprise

Verizon Launches AI-centric Network ffering

Verizon has launched a new AI-centric network offering called Verizon AI Connect, an integrated suite of solutions and products designed to “enable businesses to deploy artificial intelligence (AI) workloads at scale.” The telco s looking to make its underutilized data center assets available ...

January 27, 2025

Verizon Enterprise

Apollo Global Management is acquiring Argo Infrastructure Partners.

Investment giant Apollo Global Management is acquiring Argo Infrastructure Partners in a deal that will add approximately $6 billion of assets to the Apollo infrastructure platform. Argo is the majority owner of US data center firm TierPoint, which operates around 40 facilities across 18 US m...

January 20, 2025

TierPoint

Crown Castle changes focus to small cells as building towers

Crown castle which operates more than 40,000 towers, has acknowledged that it's become more difficult to build new infrastructure. This is due to opposition from residents and the fact that some municipalities don't want more telecom masts at all."It's generally because it's very difficult to ...

June 12, 2024

Crown Castle

Glass Lewis stands with Ted Miller against Crown Castle board

Proxy firm Glass Lewis has publicly urged Crown Castle shareholders to vote for two activist director candidates, including the company's co-founder and former chief executive officer, Ted Miller, to the board, along with former CFO Charles Green. Furthermore, Glass Lewis also told shareholder...

May 17, 2024

Crown Castle

Crown Castle reveals update on fiber business review

Tower company Crown Castle recently revealed that it has been in talks with multiple parties regarding its fiber business in recent months. Miller, who was the company's CEO until 2001, wants to sell the fiber business and has previously said the assets could fetch as much as $15 billion."The ...

April 22, 2024

Crown Castle

Lumen secures new contract from GAO

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...

April 15, 2024

Lumen Technologies

Crown Castle announces new CEO

Crown Castle has announced Steven J. Moskowitz as president and CEO, bringing an end to Crown Castle's search for a successor to former CEO Jay Brown, who announced his departure in December. Anthony Melone acted as interim CEO from January 16, 2024. “I have long admired Crown Castle’s quality...

April 09, 2024

Crown Castle

Verizon kickstarts construction of new cell tower in Texas

Verizon has started construction of a new cell tower at Fort Bliss Army Post in El Paso, Texas. This tower will be constructed by Boldyn Networks and will provide connectivity to service military personnel in Texas and New Mexico. “Verizon supports our military partners through a number of in...

February 21, 2024

Verizon Enterprise

Crown Castle CEO announces retirement plans after investors call for change

Crown Castle has announced that its CEO, Jay Brown has informed them of his decision to step down from the role of CEO earlier this week and will retire from the company next year. This news comes only a week after activist investor Elliott Investment Management issued a statement calling for ...

December 09, 2023

Crown Castle

US Defense Information Systems Agency awards $110 million contract to Lumen

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...

November 10, 2023

Lumen Technologies

Lumen sells CND customers to Akamai as it shuts down the business

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 ...

October 16, 2023

Lumen Technologies

Old Verizon office and data center in Pittsburgh for sale/lease

Verizon's former Pittsburgh, Pennsylvania office and data center is available for purchase or lease. It has been put up for sale or lease by Colliers and Sampson Morris Group at 5400 Campbells Run Road. The 10-acre, 1959-built office and data facility features 130,000 rentable square feet and ...

August 29, 2023

Verizon Enterprise

Lumen, a US telco, loses $8.74bn due to non-cash impairment

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 ...

August 03, 2023

Lumen Technologies

TierPoint aims to raise $925 million through securitized loans

TierPoint seeks to raise $925 million by selling A-rated data center revenue notes from Kroll Bond Rating Agency. The exchange is TierPoint's first and is backed by 31 colocation data centers with approximately $397.2 million in annualized monthly frequent revenue and $198.3 million in yearly...

June 29, 2023

TierPoint

Comcast issues $1 billion green bond

Comcast has announced the issuance of a $1 billion 10-year green bond, proceeds from which will be allocated to five investment areas to drive the company’s clean energy infrastructure projects. The company has outlined that through this, it aims to encourage investors to support environmenta...

February 20, 2023

Comcast

Verizon signs four new PPAs

Verizon has announced that it has signed four new power purchase agreements (PPAs) for renewable energy, an aggregate of up to 410 MW of renewable energy capacity. According to the company, these new deals align with its broader goal to source or generate renewable energy equivalent to 50 per...

January 17, 2023

Verizon Enterprise

Lumen To Sell its EMEA Operation to Colt For $1.8 Billion

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...

November 07, 2022

Lumen Technologies

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