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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September 20, 2021 AtlasEdge
It has been announced that Liberty Global and DigitalBridge’s joint venture, AtlasEdge Data Centres, has officially launched. After being announced back in May, the deal closed this week and will be headed by executive chairman Josh Joshi, former CFO of Interxion and Telecity. Zahl Limbuwala,...
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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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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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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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May 21, 2021 AtlasEdge
Liberty Global, a leading Telecoms Company and Digital Colony, a top investment firm focusing on digital infrastructure, has announced that they have joined forces to create AtlasEdge Data Centers, a European Edge data center business. The joint venture will see them operating over 100 Edge data...
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