Private investors to acquire Zayo for $14.3 billion in cash

Affiliates of Digital Colony Partners and the EQT Infrastructure IV fund will acquire Zayo Group Holdings for $35.00 in cash per share of Zayo's common stock in a transaction valued at $14.3 billion, including the assumption of $5.9 billion of Zayo’s net debt obligations. The offer price represents a 32% premium to the volume-weighted price average of the last six months of $26.44. The Zayo Board of Directors said the sale of the company to Digital...

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Telefónica to sell 11 data centers for €550 million

Telefónica agreed to sell 11 of its data centers to Asterion Industrial Partners, a pan-European infrastructure fund manager, for EUR 550 million. The data centers covered by the sale have installed service capacity of 29 MW and are located in 7 countries: Argentina (2), Brazil (2), Chile (1), Spain (2), Mexico (1), Peru (2) and United States (1). Telefonica will continue to offer its portfolio of services from a network of 23 Data Centers, including...

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Altiostar raises $114 million for its open vRAN

Altiostar, a start-up based in  Tewksbury, Mass., closed a $114 million Series C round of financing for its open virtualized RAN (open vRAN) technology. Rakuten, which is preparing to launch a greenfield mobile network in Japan later this year, is coming on board as an investor. Rakuten is deploying the Altiostar solution in their mobile network and the companies are collaborating on the development of 5G solutions. In early 2018, Qualcomm...

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Nutanix builds its multi-cloud strategy

Nutanix is extending its Xi Frame desktop-as-a-service solution from the public cloud to the private cloud, enabling the delivery of apps and desktops in a hybrid cloud environment. Nutanix Xi Frame customers can already access applications and virtual desktops from popular public clouds like AWS and Azure. The new support enables customers to extend desktop delivery to their Nutanix private cloud, integrating virtual desktop infrastructure (VDI)...

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Deutsche Telekom's sales grow 3.5% to EUR 19.5 billion

Deutsche Telekom's Q1 2019 net revenue increased by 3.5% in organic terms to 19.5 billion euros. Adjusted EBITDA AL rose 3.9 percent year-on-year to 5.9 billion euros in organic terms. Free cash flow AL totaled 1.6 billion euros. In organic terms, it increased by 9.6 percent. “We got off to a successful start to the year,” said Tim Höttges, CEO of Deutsche Telekom. “Deutsche Telekom has much more to offer than just our sensational success in the...

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Infinera posts Q1 revenue of $292.7 million

Infinera reported GAAP revenue of $292.7 million for its first quarter ended March 30, 2019, compared to $332.1 million in the fourth quarter of 2018 and $202.7 million in the first quarter of 2018. GAAP gross margin for the quarter was 22.7% compared to 25.4% in the fourth quarter of 2018 and 40.5% in the first quarter of 2018. GAAP operating margin for the quarter was (38.2)% compared to (34.4)% in the fourth quarter of 2018 and (12.2)% in the...

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ECI partners with UK-based Cherry & White

ECI announced a partnership with Cherry & White, an IT and telecommunications solutions provider, located in Cheltenham, England, supporing major utility network operators, government organizations and incumbent telecom network operators in the UK. With this partnership, Cherry & White can leverage the complete set of products and systems from across the ECI portfolio. “The market for ICT modernization has seen considerable growth in the...

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Orange Spain tests Huawei's 400G

Orange Spain has completed a pilot deployment of a 400G/wavelength WDM link in its network using equipment from Huawei. This marks the first pilot deployment of 400G/wavelength both in Spain and inside Orange Group. In addition, Orange Spain is one of the first Service Providers to test Huawei's AI-based tools to help and enhance their Operation and Maintenance in the Optical Domain while providing the foundation towards Automation in its Transport...

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