Friday, April 12, 2019

SpaceX successfully launches Arabsat 6A

SpaceX's Falcon-Heavy rocket successfully launched Arabsat 6A satellite, a high-capacity telecommunications satellite that will deliver television, radio, Internet, and mobile communications to customers in the Middle East, Africa, and Europe. Arabsat 6A is the largest and most powerful commercial satellite Lockheed Martin has ever produced. Arabsat 6A provides advanced Ka-spot beam communications services and Ku and Ka-band coverages in addition...

President Trump's comments on 5G

At a press event at the White House on Friday, President Trump made the following remarks regarding 5G: THE PRESIDENT:  Well, thank you very much, everybody.  Big day.  Very important day.  We have a lot of important days at our White House.  And this is, to me, the future. I want to thank you all for being here to discuss a critical issue for our country’s future: winning the race to be the world’s leading provider of...

CyrusOne raises $200M through sale of GDS shares

CyrusOne sold approximately 5.7 million American depository shares of GDS Holdings Limited for a total purchase price of approximately $200 million. CyrusOne will continue to hold approximately 2.3 million ADSs, valued at approximately $90 million based on the GDS closing price on April 11, with the remaining shares being subject to a six-month lock up. “GDS has created substantial value for its shareholders over the last 18 months, in turn allowing...

NTT Com opens first data center in the Netherlands

NTT Communications inaugurated its “Amsterdam 1 Data Center” (AMS1), its first in the Netherlands. The facility is managed trough e-shelter, a subsidiary of NTT Com and one of the leading data center providers in Europe. Rupprecht Rittweger commented, “As a market leader in Europe we are continuously expanding our business with our market entry in Amsterdam and ongoing developments such as London and Madrid. Our customers are integral to our continued...