Data Center News

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

Largest Data Center Funding Deals In Q2 of 2021

The data center industry is a multibillion-dollar industry. According to Gartner, end-user spending on data center infrastructure for 2020 was $188 billion, a 10.3% decrease from 2019’s spending. With these figures, we can reach a consensus that there’s a massive market available for data cent...

July 24, 2021

eStruxture

Equinix strives to balance expansion with its eco targets

Back in June, Equinix committed to becoming climate-neutral by 2030; however, alongside this pledge, in recent years, it has undergone significant growth. Moreover, its environmental metrics reveal that between 2018-19, the company’s scope 1 and 2 GHG emissions, carbon intensity, and energy ...

July 23, 2021

Equinix

Vodafone Idea wants to sell fixed-line broadband subsidiary and land meant for data centers

Vodafone Idea, an Indian telecom operator, wants to sell its optic fiber unit, fixed-line broadband subsidiary, and data center business to settle its debts. According to the Company’s latest financial books, Vodafone Idea has a gross debt of Rs 1,803.1 billion ($2.4 billion). It is looking t...

July 05, 2021

Vodafone

NTT explains its German data center expansion plans

NTT has said that it would be expanding its German data centers by more than 40 percent. It would be doing this by adding over 323,000 square feet of IT space across existing locations in Germany. The Company currently has existing campuses in Frankfurt, Bonn, and Berlin.NTT has broken ground ...

June 22, 2021

NTT

Equinix promises to cut emissions by 50 percent before 2030

Equinix has promised that it would reduce its emissions by 50% before 2030. It would also be reducing emissions created by its electricity supply by 50% before 2030. This promise comes few days after Greenpeace criticized the Company for not having trustworthy timelines on the use of renewable...

June 17, 2021

Equinix

Tokyo Century partners with NTT for data center business in India

NTT and Tokyo Century are coming together to form a data center partnership in India. Tokyo Century is a finance company that specializes in equipment leasing, mobility and fleet management, and specialty financing centered on aviation and real estate. NTT, on the other hand, specializes in d...

June 17, 2021

NTT

Deutsche Telekom opens twin data centers in the Netherlands

German telecom firm, Deutsche Telecom just announced that it is opening two new data centers in Amsterdam, the Netherlands. The Company confirmed that the data centers have a combined floor space of 226,000 square feet. It also said that the two facilities would serve its Open Telekom Cloud of...

June 16, 2021

T-Systems International GmbH

Equinix partners with GIC to invest additional $3.9 billion in its Hyperscale Program

Equinix has announced that it has signed agreements for additional joint ventures with GIC, Singapore's sovereign wealth fund, which will add $3.9 billion to expand its data center program.The agreements come in the form of limited liability partnerships with GIC. The close, which is expected...

June 15, 2021

Equinix

NTT and SKY Perfect JSAT to launch data center in space

Is space the new edge? NTT is planning to develop a data center in space. NTT will be working with SKY Perfect Holdings, a Japanese satellite company, to develop the project. Plans are in place for trials to start in 2022, launch in 2025, and for operations to begin in 2026. The orbiting data ...

May 20, 2021

NTT

Equinix is Exiting Eight Leased Data Centers In The US

Equinix has announced that it would not be renewing the leases for eight of its data centers in the US. The data centers are situated in New York, Georgia, and some in California and Atlanta. Equinix commented that the reason for the development is that some of the facilities don’t meet the fu...

May 10, 2021

Equinix

Equinix prices $2.6 billion "Green" Bond Sale

Equinix has announced that it priced $2.6 billion principal amount of notes, including $1.0 billion of green bonds in its third green bond offering. The green bonds will be used to help advance the company's longstanding commitment to sustainability leadership and reducing its environmental im...

May 04, 2021

Equinix

EdgeConneX Expands in 6 North American Markets

EdgeConneX has announced that it will add almost 20MW of new capacity across six of its data centers in North America. The facilities that will benefit from this expansion are Seattle, Portland, Phoenix, Miami, Detroit, and Chicago.According to Phillip Marangella, Chief Marketing Officer at Ed...

April 28, 2021

EdgeConneX

Equinix Completes US$780 Million Acquisition of 13 Bell Data Centers in Canada

Equinix has completed it's acquisition of 13 Bell Canada's data centers. The acquisition was first announced in June 2020. Bell had operated the facilities under the Q9 brand. It partially acquired Q9 in 2012 for $1.1 billion and in 2016 it acquired the remainder for $675 million. This deal ...

October 01, 2020

Equinix

EQT acquires EdgeConneX

The Swedish investment firm EQT AB has announced that it acquired the US-based colocation company EdgeConneX. EdgeConneX has a global footprint, operating over 40 facilities in 33 markets across North America, Europe and South America and continues to expand after being founded a decade ago. ...

August 19, 2020

EdgeConneX

Equinix Prices Offering Of $2.6 Billion Senior Notes (PR)

REDWOOD CITY, Calif /PRNewswire/ -- Equinix, Inc. ("Equinix") (Nasdaq: EQIX), the global interconnection and data center company, announced the pricing of its underwritten public offering of $2.6 billion aggregate principal amount of senior notes, consisting of $500,000,000 of 1.250% Senior No...

June 08, 2020

Equinix

NTT completes shell of 14 MW data center on Munich, Germany, campus

NTT has announced that it completed the shell of a second building on it's Munich 2 campus. The NTT Munich 2 (MUC2) data center will have 66,700 SqFt of IT space and 14 MW of total IT load. The new building is scheduled to go online in Q4 2020.Read more on NTT.com

March 20, 2020

NTT Munich 2

NLDC and The Datacenter Group Rebrand as NorthC

The Datacenter Group (TDCG) and NLDC, who merged in July of 2019, will be rebranded under a new name: NorthC. With ten data centers across the Netherlands, NorthC is the largest regional data center business in the country, serving both large organizations and government institutions as well a...

February 17, 2020

NorthC Datacenters

Equinix Completes US$175 Million Acquisition of Three Axtel Data Centers in Mexico

REDWOOD CITY, Calif. /PRNewswire/ -- Equinix, Inc. (Nasdaq: EQIX), the global interconnection and data center company, today announced the completion of its acquisition of three data centers from Axtel S.A.B. de C.V. (BMV: AXTELCPO) that serve the Mexico City and Monterrey metro areas of Mexic...

January 09, 2020

Equinix

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