Zayo today said it has completed its second 100G deployment, bringing big bandwidth to its Chicago-Memphis route in the form of both wavelength and Ethernet sales. Their first 100G deployment was in the busy northeast corridor of course, between New York City and Washington DC. [Read more →]
Savvis Expands Its Slough Footprint
March 5th, 2013
European cloud and colo demand must be looking pretty good despite the sustained economic headwinds. CenturyLink’s Savvis division is building out new space to bolster its square footage in London. [Read more →]
MWC2013: ‘Regulators are stupid’ and other quotes
March 5th, 2013
This article was authored by John C. Tanner, and was originally posted on telecomasia.net.
And now, a random collection of golden quotes heard at last week’s Mobile World Congress: [Read more →]
Metro Bytes 3/4: UPN, Fatbeam, Southern, TelePacific, Earthlink
March 4th, 2013
Several interesting items lately in the metro space are worth a look: a fiber contract each for Unite Private networks, Fatbeam, and Southern Telecom, some EoC news from TelePacific, and a refi update from Earthlink. [Read more →]
GBI Adds Terrestrial Route to Europe
March 4th, 2013
Gulf Bridge International introduced some terrestrial diversity to its offerings over the weekend. They’ve added diverse land routes that will give them both greater reliability and lower latency. The undersea routes have long been vulnerable due to common routes through the Red Sea, Egypt, and the eastern Mediterranean. [Read more →]
Touring the European Fiber Landscape: UK & Ireland
March 4th, 2013
There has been more and more talk lately about the potential for consolidation among European networks, and not just from me. But it is my feeling that the sense of the assets out there is narrowly focused on the incumbents and on the wireless/spectrum side of things, and that for fiber we don’t really have a feel for who the players would be beyond a few names that get mentioned over and over. So I went out and hunted [Read more →]
A New Kid Enters the NYC-Ashburn Longhaul Neighborhood
March 3rd, 2013
Late last week, ground was apparently broken on a new intercity fiber project between New York City metro area and Ashburn, VA. They’ve got all the planning and rights of way in place, and were set to break ground on Friday. The company behind the project, United Fiber & Data, has some rather unusual backers. [Read more →]
Colo Bytes 3/1: Verne, Telehouse, Telecity, Data Foundry, Interxion
March 1st, 2013
Here’s a quick look at four contract wins and a modular expansion from the colo sector this week, on each for Telehouse, Verne Global, Telecity, Data Foundry, and Interxion: [Read more →]
Equinix Raises $1.5B, Filling Coffers to the Brim
March 1st, 2013
Must be balance sheet spring cleaning week, as Equinix (NASDAQ:EQIX, news, filings) has also now chimed in with a big refinancing plan too. They started off looking to raise a cool billion in senior notes, and wound up pricing a whopping $1.5B of them made up of $500M of 4.875% notes due 2020, and $1B of 5.375% notes due 2023. [Read more →]
Zayo Also Refinances, Refuels
February 28th, 2013
Apparently there’s quite a window in the credit markets right now – at least for fiber operators. Earlier this week we heard about Integra’s refinancing package, and today Zayo made a similar move. [Read more →]
TI Sparkle’s MedNautilus Deploys Infinera’s DTN-X
February 28th, 2013
Infinera (NASDAQ:INFN, news, filings) continued its assault on the 100G market with a win in the Mediterranean Sea. TI Sparkle is deploying the vendors flagship DTN-X gear on its MedNautilus network, leveraging those 500Gbps super-channels to meet rising traffic needs. [Read more →]
Alcatel-Lucent Picks Up Two More Network Outsourcings
February 28th, 2013
Still under siege but with its new CEO at the helm, Alcatel-Lucent (NYSE:ALU, news, filings) seems to be picking up some momentum in the managed services segment. Last month it was a $1B deal for about half of Reliance Communications network management needs in India. And this week we have two more, although perhaps not quite of that magnitude. [Read more →]
Vodafone Signs On With Emerald Express
February 28th, 2013
Emerald Networks, which is building a new transatlantic cable with a branch to Iceland called the “Emerald Express”, has added a high profile customer. None other than Vodafone Group (NYSE:VOD, news, filings) is planning to sign a contract with the cable system for capacity. [Read more →]
Integra Rebrands, Drops the Telecom
February 27th, 2013
It’s been a busy week for the folks at Integra Telecom, or I should say simply “Integra”, since that’s the way they’ll be introducing themselves from here on out. Following up the successful refinancing of its debt announced yesterday, the western regional network operator has unveiled an updated brand, complete with a new logo, tagline, and the name it goes to market with. [Read more →]
euNetworks Reports, Provides Dark Fiber to Hogarth
February 27th, 2013
euNetworks (news) reported its earnings for the fourth quarter and full year 2012, demonstrating a continued solid growth trend and strongly improving margins. The independent metro fiber operator added another 59 buildings to its network and another 33 customers to its rolls. Improved scale and product mix helped adjusted EBITDA margins surge above 20% for the first time, with gross margins breaching the 70% barrier as well. Here are their numbers in some context: [Read more →]
Clearwire Dips Into Sprint’s Funds
February 27th, 2013
In a transaction update today, clwr revealed that it has decided to dip into the funds that Sprint Nextel (NYSE:S, news, filings) offered to lend it as part of its proposed merger of the company. They’re going to take the $80M in financing Sprint provided for the month of March, which comes in the form of notes exchangeable for common stock at $1.50 per share. [Read more →]
TelePacific Ready to Rumble in Texas, What’s Next?
February 27th, 2013
California-based TelePacific says it’s ready for a big Texas push. The western regional CLEC expanded to Texas for the first time in October of 2011 when they closed the acquisition of Tel West. [Read more →]
Telegeography: 10G Wave Pricing Down Sharply In 2012
February 26th, 2013
According to the telecom research firm Telegeography, 10G waves on major international routes saw substantial price cutting last year. Between Q4/2011 and Q4/2012, their data say that median monthly prices for 10G waves between major global markets fell some 37%, while pricing for smaller pipes was somewhat more stable. [Read more →]
Financial Bytes: Perseus Telecom, Orange Business, IPC Systems
February 26th, 2013
There have been several interesting bandwidth and telecom items from the specialized financial vertical this week. Here’s a quick look at news from Perseus Telecom, Orange Business Service – Trading Solutions , and IPC Systems: [Read more →]
Integra Refinances, Refuels
February 26th, 2013
Yesterday Integra Telecom said that it has taken advantage of its improving operational prospects to refinance their balance sheet, which dovetails nicely with Searchlight’s entry as a major investor at the end of 2012. They’ve been working on the refi for the past few months, good to see they’ve finally finished it off and knocked some $19M off their annual interest expenses in the process. [Read more →]
Vodafone: Can Invest In Europe Without Selling Verizon Stake
February 25th, 2013
Reuters reports that at the Mobile World Congress Vodafone CEO Vittorio Colao expressed confidence that the company could easily spend on European expansion without needing to sell it’s 45% Verizon Wireless Stake. Various analysts have been talking about pressure on Vodafone to increase its wireline presence to compete, which is something it already did some of with the C&W Worldwide deal last year. [Read more →]
Dividend Sensitivities Will Shift the US Network M&A Playing Field
February 25th, 2013
The effects of month’s surprise dividend cut by CenturyLink and the market’s response are still reverberating throughout the wireline side of telecom and fiber. In fact, it feels to me as if the M&A playing field may have shifted materially. [Read more →]
Ramblings Jobs: Unite Private Networks
February 24th, 2013
This week we have four new job listings, all from Unite Private Networks out in the Midwest. [Read more →]