Colt sells 12 colocation sites to AtlasEdge Data Centres.

Colt Data Centre Services (DCS) sold twelve of its colocation sites across Europe with AtlasEdge Data Centres. Financial terms were not disclosed.Colt DCS said it is focused on building and developing larger hyperscale data centre sites across both the Europe and APAC regions, anchored by customers within large population centres. The twelve facilities included in this sale "were better suited for an operator such as AtlasEdge, which is exclusively...

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CityFibre milestone: 1 million homes passed

CityFibre reached a big milestone in its Full Fibre rollout across the UK: one million homes passed and "Ready For Service".Residents served by the CityFibre network can now place an order with one of 30 of its consumer Internet Service Provider (ISP) partners and receive Gigabit-capable, symmetrical services in a matter of days.The company said it is on track with its £4bn investment programme to reach up to 8 million homes by 2025 – approximately...

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Equinix hits revenue of $1.675B, 31 major projects underway

Equinix reported quarterly revenue of $1.675 billion, up 8% on a normalize dand constant currency basis compared to a year earlier and up 1% over the previous quarter. Net income was $152 million, a 123% increase over the previous quarter, primarily due to lower debt redemption costs and operating performance.The company said record channel bookings accounted for more than 35% of total bookings, nearly 50% of enterprise bookings, and more than 60%...

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Qualcomm posts sales of $9.3B, up 12% yoy

Qualcomm reported revenue of $9.336 billion for its fourth quarter, ended 26-Sept-2021, up 12% compared to $8.346 billion for the same period a year earlier. Diluted earnings per share (EPS) amounted to $2.45, down 5% yoy. "As of fiscal 2021, we are exceeding our 2019 Analyst Day targets for revenue growth and diversification and operating margin expansion, while more than doubling our year-over-year Non-GAAP EPS,” said Cristiano Amon, President...

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stc to deploy Infinera's ICE6 on submarine cables

stc will deploy Infinera’s ICE6 800G-capable technology on its submarine cable networks enabling new regional and international connectivity services in the Middle East.This project will expand stc’s international network, using Infinera’s ICE6 800G-capable technology and GX Series Compact Modular Platform. These development projects will increase the capacity of the international network by 10-fold based on initial design capacity.“With rapid increase...

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EKINOPS acquires SixSq for its edge computing SaaS

EKINOPS has acquired SixSq, a start-up based in Geneva, Switzerland that offers a software-as-a-service (SaaS) for edge computing. Financial terms were not disclosed.The SixSq range comprises the Nuvla.io marketplace, which hosts all types of business applications in container format, and the NuvlaBox software, which converts enterprise routers or other open hardware platforms capable of processing data, into smart edge systems.The Nuvla.io marketplace...

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Infinera posts Q3 revenue of $355.8 million

Infinera reported Q3 2021 GAAP revenue of $355.8 million compared to $338.2 million in the second quarter of 2021 and $340.2 million in the third quarter of 2020.GAAP gross margin for the quarter was 33.2% compared to 35.6% in the second quarter of 2021 and 31.8% in the third quarter of 2020. Non-GAAP net loss for the quarter was $(3.0) million, or $(0.01) per share, compared to net loss of $(6.0) million, or $(0.03) per share, in the second quarter...

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Vantage Data Centers raises $530 million for refinancing

Vantage Data Centers raised US$530 million in securitized notes that will primarily be used to refinance the company’s Variable Funding Note (VFN) facility, which was used to facilitate the CA22 transaction in September 2021, as well as to fund general corporate needs. The notes are a five-year issuance (Series 2021-1) and are rated A- by Standard & Poor’s. They generally rank pari-passu with Vantage’s existing outstanding notes. The transaction...

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