Cogent Halfweg Data Center News

Fintech executives express concerns about increasing reliance on AI

Fintech executives are concerned about the rise of artificial intelligence (AI) increasing banks' reliance on the big US tech firms. At a gathering in Amsterdam last week, some executives suggested that the sector will increasingly have to turn to the likes of Google Cloud Platform, Amazon Web...

June 12, 2024

Abdul-Rahman Oladimeji

Amsterdam

45 Sprint switch facilities to be converted into colo data centers by Cogent

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...

August 22, 2023

Abdul-Rahman Oladimeji

Cogent Communications

Motion Hosting opens new data center in Europe

InMotion Hosting has announced the opening of its first international data center in Europe. The three-story data center is located in Amsterdam, Netherlands and will reportedly offer customers NVMe Hardware, 99.99% Network Uptime and Security Monitoring, refined UltraStack Server Configuratio...

April 03, 2023

Amsterdam

T-Mobile Sells Data Center and Wireline Business to Cogent for $1

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 ...

September 26, 2022

Abdul-Rahman Oladimeji

Cogent Communications

Triple Double and Stonerock Capital Partners Acquire Two Properties in Miami Including a Cogent-occupied Facility

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 ...

May 09, 2022

Abdul-Rahman Oladimeji

Cogent Communications

Amsterdam to impose fines on data centers failing to switch off idle servers

In Amsterdam, an argument around data center energy usage has been brewing for some time. Back in 2019, in response to the amounts of energy being used up by data centers, the municipalities of Amsterdam and Haarlemmermeer announced a moratorium on new projects. This was eventually lifted, but...

April 08, 2022

Amsterdam

Great Grey Investments buys unfinished Westpoort data center in Amsterdam

Great Grey Investment has acquired the uncompleted Westpoort Data Center in Amsterdam, the Netherlands. The data center was bought from Caransa Group. Although the terms of the deal were not revealed, Tikehu Capital provided financing to Great Grey Investments and Westpoort Datacenter through ...

September 17, 2021

Abdul-Rahman Oladimeji

Amsterdam

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