Data Center News

VNPT unveils new DC campus outside Hanoi

State-owned telco Vietnam Posts and Telecommunications Group (VNPT) announced the launch of a new 23,000-square-meter data center campus outside Hanoi this week. The new Tier III facility known as VNPT IDC Hoa Lac – in the Hoa Lac High-Tech Park in the Thach That district, Ha Tay province, can...

October 27, 2023

Vietnam

Meta reduces CapEx by about $3bn amid DC construction pause

Global social media firm Meta has reduced its capital expenditure by almost $3 billion this quarter as it takes a break in data center construction. The company now expects its CapEx costs for the year to reach $27-29 billion instead of the original $27-30 billion. Meta CFO Susan Li said, “Ca...

October 27, 2023

United States

Quantum computing firm D-Wave faces delisting from NYSE again

Quantum computing firm D-Wave is facing delisting from the New York Stock Exchange over its low stock price for the second time this year. The company announced this week that it received a notice from the NYSE that it is not in compliance with listing requirements as the average closing price...

October 26, 2023

New York

DOL provides $5m funds to Virginia colleges for DC construction careers

The US Department of Labor (DOL) has awarded community colleges in Virginia $5 million in funding in an attempt to bridge the data center skills gap as a part of its Building Pathways to Infrastructure Jobs grant program. Seven of Virginia's community colleges will be using this grant which w...

October 26, 2023

Virginia

Telecom Group purchases wireless network operator Luminet

Specialist alternative asset manager Telecom Group confirmed on Wednesday that it has completed the purchase of London-based wireless network operator Luminet, effectively expanding its footprint across the UK. The Manchester-based Telecom already provides fiber networks to Manchester, Leeds, ...

October 25, 2023

United Kingdom

Dish Network, T-Mobile agree on spectrum purchase extension

Dish Network and T-Mobile informed a US court last week about an agreement to extend Dish’s deadline for the purchase of T-Mobile’s 800MHz spectrum. Both companies have now agreed on April 1, 2024 as the new deadline for Dish to buy a set of T-Mobile airwaves. The court filing notes, “Taken to...

October 25, 2023

United States

Atos signs IT contract with Special Olympics

Atos has signed an agreement with non-profit sports organization Special Olympics Games for the provision of IT services until 2027. Atos is now in charge of handing and maintaining the organization’s Games Management System, its software, IT security services and innovations; infrastructure s...

October 24, 2023

England

Principal reaches final close of €300m Euro DC fund

Principal Asset Management announced this week that it closed its European data center fund, which is dedicated to acquiring data center assets in Europe, had reached a final close total of €297 million. About 60 percent of the fund is allocated to the core European markets of Germany, Netherl...

October 23, 2023

Europe

ICG completes £125 million purchase of London DC portfolio

Asset management firm Intermediate Capital Group recently completed a £125 million purchase of offices and data center portfolio in London leased to UK telco Vodafone. The 260,000 square feet portfolio comprises five data centers which was initially acquired from British Land who announced the...

October 23, 2023

London

Spanish government launches new phase of funding for rural 5G Standalone

The Spanish government opened the latest phase of its €1 billion funding project aimed at rolling out 5G Standalone (SA) to rural areas across the country to reduce the digital divide between urban and rural areas, as almost a fifth of the country’s population live in the rural areas. In this ...

October 20, 2023

Spain

ICT firm Cratis to launch data center in Varazdin

Croatian ICT solutions provider Cratis revealed that it will launch a new data center this month in Varazdin, north of Zagreb, in partnership with local polyethylene films, bags, and packaging manufacturer Muraplast.This new DC North facility will offer 2.8MW across six data rooms – each 340 s...

October 19, 2023

Croatia

Brazil's Teccloud expands IT capacity at Porto Alegre facility

Teccloud recently expanded the installed capacity at its data center in Porto Alegre, Brazil, through a R$2 million investment. The Brazilian firm awarded the design certification to GetNet, both businesses being a part of the Correa da Silva group.Teccloud did not state the capacity of its tw...

October 19, 2023

Brazil / Brasil

Swedish telco Telia names new president and CEO

Swedish telco Telia Company has named Patrik Hofbauer as its new president and CEO, bringing the company's search for a CEO since July to an end. The board of directors agreed with the decision to appoint Hofbauer, and he will be leaving his role as CEO of the gambling firm Svenska Spel to beg...

October 18, 2023

Sweden

Qualcomm to reduce workforce in California by December

A recent filing with the California Employment Development Department has revealed that Chip designer Qualcomm intends to cut its workforce significantly. The filing noted that Qualcomm is cutting 1,258 jobs in San Diego and Santa Clara, California, to reduce costs. The job cuts are to begin b...

October 18, 2023

California

State-owned Telecom Namibia to build 500 telco towers across the country

State-owned Telecom Namibia intends to deploy 500 telecom towers across the country over the next five years to support its effort to improve both the quality and availability of its mobile service. This is in line with the telco’s investment program created last year to invest $155 million to...

October 17, 2023

South Africa

Local council grants permission for new DC campus outside Middlesbrough, UK

Redcar & Cleveland Council granted Wilton Data Center an outline consent for a new data center campus at the Wilton International Park, just outside Middlesbrough in North Yorkshire, UK. Wilton intends to construct 150,000 square meter of data center space on a 32-acre plot. The company di...

October 17, 2023

United Kingdom

Veon completes sale of Russian Subsidiary

The Amsterdam-based telco Operator group Veon has completed the sale of its Russian business to the senior management team of the PJSC VimpelCom (Beeline Russia) led by CEO Alexander Torbakhov. successfully exiting the Russian market. Veon Group CEO Kaan Terzioglu said, "The closing of the sal...

October 16, 2023

Russia / Россия

USCG awards data center support services contract to Credence Management Solutions

Credence Management Solutions, a government-focused IT services company will be awarded a six-months data center support services contract by the US Coast Guard (USCG). A notice posted by the USCG mentioned that it would reduce competition to awards a sole task order for a part of its existing...

October 16, 2023

United States

Indian DC company to invest $2bn in Asia and Middle East expansion

Indian data center company CtrlS Datacenters plans to invest $2 billion over the next six years for its expansion across Asia and the Middle East. The company plans to add 350MW of AI and cloud-ready hyperscale data center capacity to its existing 234MW capacity. Sridhar Pinnapureddy, founder ...

October 16, 2023

India / Bhārata

BCX partners with Alibaba to launch cloud products in Johannesburg, South Africa

Telkom subsidiary BCX, in partnership with Alibaba Cloud, officially launched its Africa Local Public (ALP) Cloud service from two Johannesburg-based data centers last week. Both companies entered a partnership that grants BCX exclusive rights to distribute Alibaba Cloud’s products and service...

October 13, 2023

Johannesburg

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