Data Center News

Read Lumen To Sell its EMEA Operation to Colt For $1.8 Billion
Lumen To Sell its EMEA Operation to Colt For $1.8 Billion

Lumen To Sell its EMEA Operation to Colt For $1.8 Billion

November 07, 2022 Lumen Technologies

Lumen has announced that it will sell its Europe, Middle East, and Africa (EMEA) operations to Colt in a $1.8 billion deal. The deal will see Lumen divest its EMEA business, including its data centers, terrestrial and subsea networks, and network equipment in the EMEA region, to Colt. The deal is...

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Read Hut 8 Announces Closing of the Acquisition of TeraGo's Data Center Business
Hut 8 Announces Closing of the Acquisition of TeraGo's Data Center Business

Hut 8 Announces Closing of the Acquisition of TeraGo's Data Center Business

January 31, 2022 Hut 8 Corp

TORONTO, Jan. 31, 2022 /PRNewswire/ - Hut 8 Mining Corp. (Nasdaq: HUT) (TSX: HUT) ("Hut 8" or "the Company"), one of North America's largest, innovation-focused digital asset mining pioneers, supporting open and decentralized systems since 2018, is pleased to announce the closing of its...

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Read USDA awards Lumen with a $1.2 billion network services contract
USDA awards Lumen with a $1.2 billion network services contract

USDA awards Lumen with a $1.2 billion network services contract

January 21, 2022 Lumen Technologies

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...

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

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

September 07, 2021 Lumen Technologies

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 to...

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Read Lumen divests CenturyLink ILEC assets
Lumen divests CenturyLink ILEC assets

Lumen divests CenturyLink ILEC assets

August 06, 2021 Lumen Technologies

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...

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

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

July 28, 2021 Lumen Technologies

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 of...

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Read FiberLight announces fiber expansion in El Paso
FiberLight announces fiber expansion in El Paso

FiberLight announces fiber expansion in El Paso

June 09, 2021 MDC Data Centers

FiberLight has announced the completion of its fiber expansion in the greater El Paso, Texas market with a new Point of Presence (PoP) at the MDC El Paso facility. The fiber infrastructure provider can now connect El Paso with Laredo, McAllen, and Brownsville. Moreover, this expansion will enable...

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