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Data Centre Developer Sues New Jersey Town for $300m
August 01, 2026
Posted by: Abdul-Rahman Oladimeji
New Jersey
Belgium
Xavier Niel, the founder of French telecoms company Iliad, has acquired a six percent stake in Belgian telco Proximus through his holding company Carraun.The Belgian government has a majority stake of 53.51% in this telco, while the company holds 4.59 percent of its share capital. Niel said, "...
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EXA Infrastructure
Exa Infrastructure recently announced that former Vodafone chief executive Nick Read will lead the business with immediate effect. Read, appointed as chairman of Exa Infrastructure in June, will replace Martijn Blanken as chief executive on an interim basis. As part of the transition, Blanket ...
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Google recently announced that it will be launching its Saudi Arabian cloud region this week. Anthony Cirot, Google Cloud’s EMEA South VP, posted on LinkedIn, “I'm thrilled to share an exciting milestone in Google Cloud's journey: the launch of our new cloud region in Saudi Arabia. This marks ...
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Teraco Data Environments
Teraco has announced a 30MW expansion of its CT2 campus in Brackenfell as the second construction phase begins. The new capacity of this facility is scheduled to be available in the first quarter of 2025. The Digital Realty-owned company completed the first phase of CT2 at the Brackenfell cam...
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India / Bhārata
Singapore's CapitaLand India Trust (CLINT) has secured a Rs 1,300 crore ($155.9m) five-year construction loan to develop its data center facility in Navi Mumbai. India. This fund, secured by J.P. Morgan India, will be used to finance the first phase of construction of the data center. Sanjeev ...
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South Africa
Pan-African digital infrastructure firm Paratus has launched a new teleport in Pretoria, marking its second teleport in South Africa. Paratus announced the launch of the new Goedehoop Teleport in Doornkloof, some 50 miles north of Johannesburg. Managing director of Paratus South Africa, Kallie...
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United States
Nvidia has launched H200, its latest high-end GPU for training AI models. This new GPU, identical to the H100, has significant improvements as it features 41GB of HBM3e and a 4.8TBps memory bandwidth compared to the H100's 80GB of HBM3 and 3.5TBps of memory bandwidth. Ian Buck, vice president ...
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South America
Digicel has confirmed its plans to deactivate its 2G network in Trinidad and Tobago on March 31, 2024, as it intends to focus strictly on its 3G, 4G, and 4G LTE services. Operators have also reportedly designed technical solutions to eliminate 2G and 3G-only devices. Reyanne Sobers, general ma...
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France
Liberty Latin America (LLA) recently agreed to sell about 1,300 telecom towers to Phoenix Tower International (PTI) for $407 million. Tower sites to be monetized in this transaction include towers in locations across Panama, Jamaica, the Bahamas, Puerto Rico, Barbados, and the British Virgin I...
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Tennessee
This week, Aphorio Carter Fund Management Company, the critical infrastructure and data center division of Carter Funds, announced that it had acquired a fully leased enterprise data center property in Collierville for about $13 million. John Regan, chief investment officer of Aphorio Carter, ...
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United States
Data center directory firm Upstack has acquired technology advisory firm Progressive Communications Management (PCM), which specializes in advising enterprise and midmarket organizations on cloud, network, and communications solutions. Following this acquisition, PCM co-founders Bob Matthews a...
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Washington
Australian infrastructure investment firm Palisade Infrastructure this week completed the acquisition of 100 percent of the equity interests in Mashell, Ranier's parent company. Following this acquisition, Rainier Connect has been rebranded as Lightcurve with immediate effect. Mike Reynolds, m...
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Lumen Technologies
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...
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Germany / Deutschland
IT services firm Kyndryl announced this week that it will be helping German cooperative bank Hausbank München to relocate two of its data centers from on-premise facilities to Kyndryl’s own facilities in Frankfurt. Kyndryl will rebuild the dedicated server infrastructure, establish a moderniz...
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Idaho
The power utility Utah Associated Municipal Power Systems (UAMPS), and the reactor company NuScale, have announced intentions to cancel the Carbon Free Power Project, a small modular reactor (SMR) project they planned to build at the Idaho National Laboratory (INL). David Schlissel, director o...
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ODATA SA
LatAm data center firm OData announced the launch of its second data center facility in Chile called the DC ST02, located in San Bernardo in the south of Santiago. This new addition to the Aligned-owned company’s portfolio offers 40.6MW across 366,000 square feet and features an on-site substa...
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Angola
Pan-African firm Paratus has secured a new debt facility worth $31 million from Emerging Africa Infrastructure Fund (EAIF), a Private Infrastructure Development Group (PIDG) company, and its fund manager, Ninety One. This credit facility dedicated to the expansion of its fiber and data center ...
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South Korea
South Korean technology firm Naver held an opening event for the first phase of its Sejong campus, its second major campus in Korea. This campus, currently spanning 290,000 square meters, is expected to reach 270MW of capacity at densities of 20kW and can reportedly hold 600,000 servers, runni...
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QTS Data Centers
US data center firm QTS recently purchased Dutch data center management and operations company Zentrys. QTS intends to bring Zentrys employees on board over the next year and integrate the newly purchased company with its technology and processes. Chad Williams, CEO of QTS, said, "We welcome ...
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OVH Group
European cloud and data center firm OVHcloud has launched a new data center in Singapore. The company said, “OVHcloud’s newest data center will feature an integrated water cooling system that is built into a vertical rack designed to facilitate cooling at the server level, eliminating the need...
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