October 31, 2023 American Tower Corporation
American Tower Corporation (ATC) recently revealed that Tom Bartlett will retire as president, CEO, and board director on February 1, 2024. The company announced that Steve Vondran would succeed Barlett, taking over his positions. Moreso, Vondran has been appointed as the executive vice president...
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October 16, 2023 American Tower Corporation
American Tower Corporation (ATC) Africa has begun to progressively push its sustainability strategy as it announced that direct greenhouse emissions (GHG) per tower dropped by 21 percent against its 2019 baseline. ATC notes that this was down to an "increased deployment of on-site solar power."...
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October 16, 2023 Lumen Technologies
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...
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October 03, 2023 Kyndryl
Global IT managed services provider Kyndryl is now considering separating its business in China into a separate entity in response to several geopolitical issues and the changing data laws in China. According to a report from the Financial Times, the IBM spin-out revealed this to some of its...
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September 08, 2023 CyrusOne
CyrusOne is required to construct a new data center in Frankfurt, Germany. Last week, the company unveiled plans for its seventh data center facility in Frankfurt, designated FRA7 and situated on a 678,125-square-foot plot in the Frankfurt Westside business park. The development will include two...
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August 30, 2023 CyrusOne
CyrusOne has announced the launch of an AI-specific built-to-suit data center design, which it says has been developed specifically to address the “rapidly growing needs of AI applications and services.”The company notes that the Intelliscale data center is built on an ultra-high-density...
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August 23, 2023 CyrusOne
CyrusOne has applied to the South Dublin County Council for permission to construct a new data center in the Grange Castle Business Park in the Irish capital. The application, submitted on July 14, calls for the demolition of a one-story home called "Erganagh" and the erection of a three-story...
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August 03, 2023 Lumen Technologies
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 to...
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July 21, 2023 Compass Datacenters
Compass Datacenters, which was recently taken over, is planning to purchase a former Sears office complex in Chicago, Illinois, presumably for a new data center campus. The data center constructor and operator are "poised" to acquire the Sears site in the Hoffman Estates neighborhood, as first...
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July 11, 2023 Flexential
A second building is anticipated at its new campus in Atlanta, and a fifth building will be constructed in Hillsboro, according to Flexential's announcement of new data center developments in Georgia and Oregon. This week, the company revealed the construction of a 36MW phased development on its...
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July 07, 2023 CyrusOne
CyrusOne has announced its plans to build its next data center in Frankfurt, Germany. Named FRA6, the facility is located in Germany’s “Digital City” and will offer a total IT capacity of 72 MW delivered over four floors, with each level offering 18 MW. The company shared that the acquired...
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July 04, 2023 CyrusOne
To obtain planning approvals for a data center in Paris, France, CyrusOne had to fight a legal battle. The Versailles Administrative Court overturned the local mayor's orders to prevent the issuance of two building permits. The company intends to convert a former logistics facility in the...
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July 04, 2023 American Tower Corporation
American Tower has submitted proposals for a new San Antonio, Texas, Edge data center. The tower company applied to the Texas Department of Licensing and Regulation last month to establish the 'American Tower Data Center - Highway 90'. The company intends to invest $15 million in constructing a...
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June 29, 2023 TierPoint
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...
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June 20, 2023 Compass Datacenters
Brookfield Infrastructure Partners will acquire Compass Datacenters with the company's current investor, Ontario Teachers' Pension Plan. This week, Brookfield Infrastructure, its financial partners, and longtime investor Ontario Teachers' Pension Plan revealed that they had officially agreed to...
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June 07, 2023 Kyndryl
IBM will construct a data center in Germany to house quantum processors. This week, the company revealed plans to establish its first quantum data facility in Europe on the IBM campus in Ehningen, near Stuttgart, to facilitate cutting-edge quantum computing for businesses, research institutions,...
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May 26, 2023 Mapletree Redwood Data Centre Trust
The acquisition of a data center in Osaka, Japan, signifies Mapletree Industrial Trust's entrance into the Japanese data center market. This week, the manager of Mapletree Industrial Trust (MIT), Mapletree Industrial Trust Management Ltd., announced the purchase of a recently constructed data...
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May 23, 2023 CyrusOne
Earlier this month, PowerHouse Data Centers announced a 30-year lease agreement with CyrusOne, for a spec-built data center, ABX-1, located in Ashburn, Virginia. The company shared that substantial completion of the data center, a two-story, 265,000 SF powered shell, is scheduled for October....
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May 23, 2023 CyrusOne
CyrusOne has announced its partnership with Japanese energy firm Kansai Electric Power Company, Inc. (KEPCO) for the development of new data centers across Japan. The 50:50 joint venture, called CyrusOne KEP, will see at least one trillion yen ($7 billion) invested in the project over the next...
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May 01, 2023 Compass Datacenters
Compass Datacenters has purchased 375 acres of vacant land in Dallas, Texas, more than tripling its land holdings in the region. According to BizJournal's 'Best Real Estate Deals' awards, the company acquired land in Red Oak, Ellis County, south of Dallas. "This new campus will likely be one of...
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