A few items to catch up on from mid-week:
Frontier is selling its businesses in the Pacific Northwest and northern Rockies. The incumbent operator has entered into an agreement to sell its assets and operations in Washington, Oregon, Idaho, and Montana to WaveDivision Capital and Searchlight Capital Partners. The former is led by the founder and former CEO of Wave Broadband, Steve Weed, who obviously knows the region pretty well. The price tag was $1.352B.
Avelacom is helping the Moscow Exchange reach out to the rest of Asia. They are helping MOEX deploy PoPs in Hong Kong, Singapore, and Shanghai in the Far East, Dubai in the Middle East, and Mumbai in India. The low latency connections will enable financial players in those markets to better trade Russian assets.
The SD-WAN marketplace now has a bit more structure. MEF has announced public availabiity of the final draft of its SD-WAN service standard, a.k.a MEF 70. They hope to officially public the finished standard by midsummer after completing the processes of member and Board approval.
And over in Europe the industry reached a new raw bandwidth milestone. Nokia and TIM have teamed up to achieve a wavelength speed of 550Gbps over a span of 350km between Rome and Florence. Nokia’s PSE-3 powered the trial, which also demonstrated 400Gbps on a 900km link and 300Gbps over 1,750km. The PSE-3 uses probabilistic constellation shaping to boost throughput.
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Categories: Low Latency · Mergers and Acquisitions · SDN · Telecom Equipment
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That seems kind of rich for Frontier.
I wish Frontier would have sold their Texas holdings also.