December 09, 2024 United States
HPE revealed it walked away from a $700 million AI hardware deal over concerns about the customer. CEO Anthonio Neri told analysts on the enterprise IT vendor’s most recent earnings call that the company chose to “de-book” the order for an unnamed client because it considered it too risky.“We...
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December 06, 2024 United States
Senator Joni Ernst has told the US Department for Government Efficiency (DOGE) to shut down the $42 billion Broadband Equity, Access, and Deployment (BEAD) program. DOGE was formed by Trump as part of his campaign plans to significantly slash federal spending and is not actually a federal...
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December 06, 2024 Canada
Legrand has acquired Power Bus Way, a specialist in Cable Bus power busbars, primarily for data centers. The company employs more than 120 people and generates an annual revenue of around €70 million ($73.5m), mainly in the United States and Canada.Benoît Coquart, CEO of Legrand, said: "Today we...
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December 06, 2024 Americas
Samsung has partnered with Liberty Puerto Rico to test the vendor's Open RAN virtualized Radio Access Network (vRAN) and radios in Liberty's mobile network in Puerto Rico. As a result, Liberty is the first carrier in Puerto Rico and Latin America to introduce 5G vRAN and Open RAN technologies....
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December 05, 2024 Australia
Australian carrier Telstra has acquired MVNO Boost Mobile for a reported AU$145 million (US$94.1m) as confirmed by Boost Mobile founder Peter Adderton via a post on LinkedIn on December 2. Adderton said the deal will enable him to focus on his latest venture, MobileX, a carrier that leverages AI...
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December 05, 2024 Asia-Pacific (APAC)
IHS Towers has announced a deal to sell its 70 percent stake in IHS Kuwait Limited to Zain Group, with the telco taking back ownership of towers it previously sold. According to IHS, the terms of the transaction reflect an enterprise value of $230 million for the IHS Kuwait portfolio and includes...
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December 04, 2024 Sweden
Swedish Edge data center firm T.Loop has appointed Helena Fagraeus Lundström as its new CEO. Lundström was most recently at solar developer Solkompaniet, where she was chief strategy office and then business unit director for land development. Prior to that, she had held roles at Swedish boat...
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December 03, 2024 China
Chinese data center operator Vnet is setting up a data center investment fund with Chinese insurance company Dajia. The fund will be jointly operated by Vnet and Dajia subsidiary Dajia Investment Holding Company and will make its first investment in Vnet’s Taicang IDC campus in the Jiangsu...
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November 30, 2024 Michigan
Indiana Michigan Power (I&M) has reached an agreement with the Indiana Office of Utility Consumer Counselor, Citizens Action Coalition of Indiana, Amazon Data Services, Google, Microsoft, and the Data Center Coalition outlining the terms for connecting new large loads to the Indiana...
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November 29, 2024 Texas
Core Scientific plans to refurbish its data center in Denton, Texas, turning it from a crypto facility into an AI site, spending as much as $6.1 billion on the new campus, the Denton City Council said, with a planned launch in 2027. As part of the deal, the City of Denton will lease 78.85 acres...
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November 29, 2024 Middle East
Gcore and Qareeb Data Centres have signed a memorandum of understanding (MoU) for digital infrastructure in the Gulf Cooperation Council (GCC). Gcore's artificial intelligence (AI), cloud, and Edge products will be integrated with Qareeb's data center platform, as part of plans to meet growing...
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November 28, 2024 Sweden
Telenor Sweden CEO Bjørn Ivar Moen has announced he will step down as CEO at the end of this year, and the hunt for a successor has already begun, as confirmed by the company in a statement. "All good things eventually come to an end," said Moen on LinkedIn this week. "Today, we announced that I...
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November 28, 2024 Luxembourg
European operator Portus Data Centers this week announced the expansion of its facility in the Grand Duchy with a further 1,350 sqm of white space and additional capacity that will take the site to 3.4MW. The company is also rebranding the unit, previously known as European Data Hub (EDH), to...
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November 27, 2024 Croatia
Croatian cloud solutions and data center provider DataBox has taken over Digital Realty's cloud services in the country. This move will enable Digital Realty to "realign" its offering in Croatia and focus on acting as an infrastructure provider instead of a cloud service provider in the...
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November 26, 2024 Tennessee
The Nuclear Regulatory Commission (NRC) has issued construction permits to Kairos Power for its Hermes Two Demonstration Plant at the Heritage Center Industrial Park in Oak Ridge, Tennessee. The plant will also host a proposed single 35MW Hermes One Test Reactor, a non-nuclear engineering test...
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November 26, 2024 Australia
Australia’s HMC Capital has launched its new digital infrastructure investment vehicle, having raised AU$153 million ($100m) more than anticipated in its initial public offering (IPO), and says it is in talks to buy three additional hyperscale data centers in the US.David Di Pilla, HMC Capital’s...
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November 25, 2024 United States
Alaska Power & Telephone Company (AP&T) has completed the SeaLink South subsea cable a year ahead of schedule. AP&T said the project will expand and improve connectivity in Alaska’s Alexander Archipelago region.Alaska Senator Lisa Murkowski said: “After hearing from Alaskans,...
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November 25, 2024 United States
DirecTV has terminated its offer to acquire EchoStar's satellite television business stating its failure to gain approval from Dish bondholders as a reason for termination. The proposed $1 sale to DirecTV would have included the sale of Dish's DBS pay-TV business as well as Dish and Sling TV, and...
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November 25, 2024 United Kingdom
Cloud computing company Civo has launched a second cloud region in the UK with sustainability-focused data centre provider Deep Green, which is also set to launch another data centre that will heat a local swimming pool located at the York Stadium Leisure Complex. Civo's newest cloud region,...
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November 23, 2024 South Korea
Pension fund Canada Pension Plan Investment Board (CPP Investments) this week announced a KRW 1 trillion (US$711 million) joint venture with Pacific Asset Management Company (Pacific AMC) to develop carrier-neutral hyperscale data centers in South Korea.“The demand for data centers in Asia...
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