Time for a quick roundup of some of the other news lately, with items from Sidera Networks and CoreSite, Level 3 and Tulane, DuPont Fabros, and Southern Cross.
The fiber operator Sidera Networks and the datacenter REIT CoreSite (NYSE:COR, news, filings) are teaming up. Sidera will providing high capacity connectivity to CoreSite data centers in Chicago, Boston, New York, Washington DC, and Reston VA, giving CoreSite direct pipes into Sidera’s financial customer base. Sidera has spent 2012 hooking up every major data center it can within its current footprint, and often being the first into the new ones. In this case, they’re also hooking up to CoreSite’s peering exchanges and thus becoming an active part of CoreSite’s ecosystem.
Level 3 Communications (NYSE:LVLT, news, filings) added another university to its customer rolls yesterday. Tulane University has signed on with a multi-year contract both for dedicated internet access and for Ethernet private line services as part of its business continuity planning. The New Orleans school serves 13,000 students. For Level 3’s pursuit of higher growth rates, every little bit helps. Level 3 also added a microsite focused on the gaming vertical showcasing its combined IP, CDN, and security portfolio.
Dupont Fabros Technology (NYSE:DFT, news, filings) isn’t yet done building Phase II of its ACC6 data center in Ashburn, but it’s already finished leasing it out. Today they announced the facility is 100% leased, following a pre-lease for 4.33MW with an existing Ashburn tenant. I’m guessing that means they’re going to have to kick off ACC7 soon, which is mentioned on their website as a future project featuring 100K square feet and 10.4MW.
And Southern Cross picked a bad time to muff a network upgrade down in New Zealand, suffering a substantial outage at a time when calls for a transpacific alternative are rising once again. New Zealand doesn’t have that many alternatives, but it also doesn’t yet have enough bandwidth demand to justify a new cable, as proven by the demise of Pacific Fibre. But lately the project has been getting more and more press, and could gain enough political support to find other funding. Southern Cross, of course, would prefer not to have the competition, so I’ll bet some procedures got tightened real fast over the weekend to keep from making matters worse.
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Categories: Cloud Computing · Datacenter · Internet Backbones · Undersea cables
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Robert,
How long will it take to transition GLBC traffic off their network and onto LVLT network? What do you think are the odds of additional synergies above 300m related to merger? On past calls prior to deal announcement LVLT management always discussed 5-800 million of synergies when combining two longhaul networks.
They can only milk so much in synergies. Maybe take a gander at their top line growth (or lack thereof) and concern yourself with that instead.