Data Center News

USDA awards Lumen with a $1.2 billion network services contract

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...

January 21, 2022

Lumen Technologies

KKR and Global Infrastructure Partners Acquire CyrusOne for $15 billion

Investment firm KKR, alongside Global Infrastructure Partners, has completed the acquisition of CyrusOne for $15 billion. CyrusOne owns and operates up to 50 data centers worldwide. Co-founder and interim President and CEO of CyrusOne, Dave Ferdman, commented that CyrusOne had built one of ...

November 16, 2021

CyrusOne

American Tower acquires CoreSite for $10.1 billion

American Tower has completed the acquisition of CoreSite for $10.1 billion. According to American Tower, the acquisition of CoreSite will help transform its mobile computing business. Coresite operates up to 25 data centers in the United States. CEO of American Tower, Tom Bartlett, said Ame...

November 16, 2021

CyrusOne

CyrusOne to outsource the management of its US data centers to JLL

CyrusOne has announced that it will be outsourcing the management of its US data centers to JLL. The agreement is expected to start on January 1st, 2022. CyrusOne announced the deal in an email it sent to its customers. In the email, CyrusOne says transitioning the management of its US data...

October 29, 2021

CyrusOne

CyrusOne exploring the sale of its company

According to Reuters, CyrusOne is considering the sale of its business. It is said to be exploring some strategic changes that might include a sale. CyrusOne is a real estate investment trust that has a market cap of up to $9 billion. The Company is exploring its options with investment ban...

September 29, 2021

CyrusOne

CyrusOne awarded for net water positive efforts

CyrusOne's commitment was recently recognized by The Environment + Energy Leader Awards program, which awarded the company with the Top Project of the Year Award. The program highlights products and services that provide companies with environmental and energy benefits. CyrusOne secured the a...

September 08, 2021

CyrusOne

Lumen pays $275,000 to DoJ for contacting former customers it divested

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...

September 07, 2021

Lumen Technologies

Lumen divests CenturyLink ILEC assets

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...

August 06, 2021

Lumen Technologies

Lumen is selling its Latin American business to Stonepeak for $2.7 billion

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...

July 28, 2021

Lumen Technologies

A carbon-neutral future: Which companies are committing and delivering?

In 2021, data centers are responsible for 2% of the world’s CO2 emissions, equivalent to the entire airline industry worldwide. It has also been forecast that by 2025, data centers could consume up to one-fifth of Earth’s power.Increasingly, data center companies are waking up to the fact that...

July 21, 2021

Amazon AWS

CyrusOne’s European data center portfolio now 100 percent powered by renewable energy

CyrusOne just announced that all of its data centers in Europe are now running on 100% renewable energy. The Company has facilities in Dublin, London, Frankfurt, and Amsterdam, currently operating on renewable tariffs. Besides, the Company recently promised to be carbon neutral by 2040, and t...

June 02, 2021

CyrusOne

CyrusOne amends $2.5 Billion Credit Facility

The amended agreement consists of a $1.4B revolving credit facility, which includes a $750M multi-currency borrowing sub-limit, and term loan commitments totaling $1.1B.The credit agreement also contains an option which allows CyrusOne to obtain up to $1.5 billion in additional revolving or te...

April 01, 2020

CyrusOne

CyrusOne Helps Launch ODATA’s First Data Center in Colombia (PR)

DALLAS--(BUSINESS WIRE)--CyrusOne (NASDAQ: CONE), a premier global data center REIT, today announced that it has helped ODATA construct and launch the company’s first data center in Bogotá, Colombia. ODATA’s new data center, DC BG01, is the second ODATA data center, the first outside Brazil af...

May 28, 2019

CyrusOne

CyrusOne Reports Q1 2019 Earnings: Revenue is $225M up 14% YoY

CyrusOne Inc. (CONE), a premier global data center REIT, today announced first quarter 2019 earnings. First Quarter Highlights 1Q’19 Year-over-Year Revenue Growth of 14% Leased 16 megawatts (“MW”) and 93,000 colocation square feet (“CSF”) in the first quarter, totaling $27 million in ann...

May 01, 2019

CyrusOne

CyrusOne Sells GDS Shares to Raise Approximately $200 Million of Proceeds (Press Release)

DALLAS--(BUSINESS WIRE)--Apr. 12, 2019-- CyrusOne Inc. (NASDAQ: CONE), a premier global data center REIT, today announced that it has sold approximately 5.7 million American depository shares (“ADSs”) of GDS Holdings Limited (“GDS”) (NASDAQ: GDS) for a total purchase price of approximately $20...

April 12, 2019

CyrusOne

CyrusOne Completes the Zenium Acquisition

DALLAS–(BUSINESS WIRE)–Aug. 27, 2018– CyrusOne Inc. (“CyrusOne”) (NASDAQ: CONE), a premier global data center REIT, today announced that it has closed its previously announced acquisition of Zenium Data Centers (“Zenium”), a leading hyperscale data center provider with properties in London...

August 27, 2018

CyrusOne

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