Telstra acquires capacity and 25% stake in Southern Cross Cable

Telstra will acquire a 25 percent stake in Southern Cross Cable Network (SCCN) and substantial capacity on both its existing network and the new Southern Cross NEXT subsea cable. Existing stakeholders in SCCN include Spark NZ (50%), Singtel-Optus (40%) and Verizon Business (10%). SCCN owns and operates the trans-Pacific Southern Cross Cable and has initiated work on the Southern Cross NEXT cable, which will be a high capacity express route, providing...

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AT&T sells 31 data centers to Brookfield Infrastructure for $1.1 billion

AT&T completed the sale of its data center colocation operations and assets to Brookfield Infrastructure and its institutional partners for $1.1 billion. This includes 18 Internet Data Centers (IDC) in the United States and 13 outside the United States. The colocation data center operations serve a diversified customer base of more than 1,000 companies. Brookfield has established a wholly owned company, Evoque Data Center Solutions ("Evoque"),...

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China Telecom tops 300 million mobile users

China Telecom ended 2018 on track to top 300 million mobile subscriber lines, up from 255 million at the beginning of the year. ...

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