Data Center News

Telecom Italia to receive a €1 billion payout

Telecom Italia (TIM) is set for a €1 billion ($1.1bn) payout after it won its 15-year dispute with the Italian government. A court in Rome ordered the government to pay the sum after TIM sought to recover the license fee it was required to pay to the state in 1998, the year after the telecoms ...

April 05, 2024

Rome

Telia Company completes sale of Danish business unit

Swedish telco Telia Company has confirmed in a new announcement that the sale of its Danish business unit to local energy and Internet firm Norlys has been finalized for DKK 6.25 billion ($900 million), on a cash and debt-free basis. “The sale of our Danish business marks a significant milesto...

April 04, 2024

Sweden

JLL to offer training education for next generation data center operators

JLL has revealed its plans to offer free educational and training opportunities for the next generation of data center operators. The company has teamed up with non-profit organization Nomad Futurist Foundation to create a 16-hour curriculum called the Technical Development Program (TDP), bas...

April 01, 2024

United Kingdom

Oriole Networks raises £10 million in seed funding

University College London (UCL) spinout Oriole Networks has raised £10 million ($12.6m) in a seed funding round co-led by UCL Technology Fund, Clean Growth Fund, XTX Ventures, and Dorilton Ventures, with support from Innovate UK Investor Partnership. “As the demand for compute continues to inc...

March 29, 2024

London

RAI plans €140 million investment in developing data centers

Italian broadcaster RAI this week announced its board of directors had approved a new 2024-2027 business plan, which includes a number of data center investments. The company said it plans to invest €140m related to the roll-out of its ‘diversification initiatives’ by 2027. These investments i...

March 27, 2024

Italy

National Grid warns of significnlty increased power demand

The CEO of British utility National Grid has warned that data center power use is set to grow dramatically which will put further strain on an already-constrained grid. John Pettigrew said that the UK's energy industry has reached a "pivotal moment," and pitched the development of an ultra-hig...

March 27, 2024

United Kingdom

Ericsson begins further layoffs in Sweden

Ericsson has announced it will cut 1,200 jobs in its home market of Sweden as a part of cuts announced earlier this year, with the company citing a "challenging mobile networks market in 2024." "In addition to the headcount reduction, the cost-saving initiatives cover various areas such as red...

March 26, 2024

Sweden

Intelsat signs deal to lease capacity on Eutelsat’s OneWeb satellites

Intelsat recently announced that it has signed a new multi-year, multimillion-dollar agreement partnership with Intelsat on its OneWeb Low Earth Orbit (LEO) constellation.This deal is valued at up to $500 million over seven years, with a firm commitment of $250m (including a previous $45m deal...

March 26, 2024

Sweden

Vertiv installs grid-interactive UPS in Sweden data centers

Swedish colocation data center provider Conapto has installed Vertiv Liebert EXL S1, an Uninterruptible Power Supply (UPS) system that provides an integrated solution for critical power protection and grid support capabilities. “With the introduction of dynamic grid support, we are empowering ...

March 19, 2024

Stockholm

Three companies invest in combined $200m data center in Oslo

Norwegian telco Telenor, energy company Hafslund and investment fund HitecVision are building a data center in Oslo, Norway, via a newly formed joint venture, Skygard. These companies are to make a NOK 2.4 billion ($200m) joint investment in this data center which is already undergoing constru...

March 19, 2024

Oslo

UK telcos urged to stop installation of new telegraph poles

UK’s Data and Digital Infrastructure Minister Julia Lopez has urged telecommunication companies in the UK to stop the installation of new telegraph poles. The minister wrote a public letter to the operators asking them to prioritize sharing existing telegraph poles ahead of building new ones. ...

March 16, 2024

United Kingdom

UK joins the European Union’s CJU program

The UK has joined the European Union’s ‘Chips Joint Undertaking’ (CJU) program as a “participating state.” This is a move that gives the country access to a €1.3 billion semiconductor research and development fund. “We are very happy to welcome the UK to the Chips Joint Undertaking as a partic...

March 14, 2024

United Kingdom

CWCS acquires property in Nottingham for data center

UK hosting firm CWCS has acquired a property in Nottingham and plans to turn the site into its latest data center. LoopNet lists this property at 3 Padge Road, was built in 1980 and totals 9,300 sq ft (863 sqm) across two floors. Karl Mendez, managing director of CWCS Managed Hosting, said: “I...

March 13, 2024

United Kingdom

UK government clears purchase of Newport Water Fab factory

The UK government has finally approved US electronics company Vishay’s takeover of Newport Wafer Fab factory, the UK’s largest semiconductor manufacturing site. Deputy Prime Minister Oliver Dowden has now issued a consent order approving the purchase. Under the terms of the agreement, the UK ...

March 05, 2024

United Kingdom

Boldyn Networks finalizes acquisition of Cellnex's private network business

Boldyn Networks has completed its acquisition of Cellnex's private network business for an undisclosed sum. This acquisition includes Edzcom, Cellnex’s Finnish subsidiary that specializes in private networks for industrial environments.“By bringing Cellnex's private networks business unit und...

March 04, 2024

Finland

Segro to develop new data centers after £900 million share issue

Property investor Segro has raised £900 million ($1.1 billion) in a share issue and intends to use this funds to develop its portfolio across the UK and Europe. The London-listed business had initially been hoping to raise £800 million ($1.01bn), but on Tuesday evening its directors said stron...

February 29, 2024

London

GTAA to develop Large Language Models Joint Venture this year

An announcement made earlier this week at the Mobile World Congress event in Barcelona, Spain revealed that the members of the Global Telco AI Alliance (GTAA) are to establish a joint venture later this year specifically aimed at developing Large Language Models (LLMs). "We want our customers...

February 26, 2024

Spain

Mapfre sells 10MW facility in Madrid

Spanish insurance firm Mapfre has sold its data center in Madrid. The company received advise on the sale-leaseback deal of its 10MW facility in Alcalá de Henares from CBRE’s Spanish unit. Paul Mortlock, senior director and head of European data center capital markets at CBRE, said, "CBRE's Eu...

February 23, 2024

Madrid

Mavin to install Powercube data center in South Wales

Mavin, a UK-based IT services firm has announced it will install a Powercube data center at the Global Centre of Rail Excellence (GRCE) in Onllwyn, South Wales. “We are delighted to agree this partnership with Mavin and to utilize their cutting-edge Powercube design at the Global Centre of Rai...

February 23, 2024

Wales

Cloudflare extends server hardware lifespan to five years

Cloudflare, during its Q4 2023 earnings call this week, revealed has become the latest company to extend the lifespan of its server hardware and will save millions of dollars by adding a year to the operational lifespan of its data center IT kit. “With the evolution of the composition of our i...

February 10, 2024

United Kingdom

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