Colt takes over Lumen’s European networks

Colt Technology Services, headquartered in London, completed its acquisition of Lumen Technologies’ European, Middle Eastern, and African (EMEA) business. Colt paid US$1.8 billion cash for the assets, which included Lumen’s entire terrestrial and subsea networks, data center and network services in the region. The deal also includes Lumen’s trans-Atlantic subsea networks, the regional employees and customers contracts.Regarding the Internet backbone...

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Colt: New Business Outcomes with NaaS

There are many definitions of Network as a Service (NaaS) floating around. Is really something new or just a new umbrella term for existing services?  Mirko Voltolini, VP Innovation from Colt, explains:NaaS is a groundbreaking approach that allows the orchestration of services across multiple domains and providers, enabling the creation of diverse business outcomes. It combines connectivity, cloud solutions, security, and IoT from various providers...

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Lumen expands NaaS from 23 data centers to 136 across North America

Lumen Technologies has expanded its  Network-as-a Service (NaaS)   from 23 data centers to 136 across North America.  Through data center partners, Lumen has extended its NaaS reach to Digital Realty and Equinix Fabric customers in several key markets, including Ashburn, Va., Atlanta, Chicago, Dallas, Los Angeles, Miami, New York/New Jersey, San Francisco, Seattle, and Toronto. Lumen Internet On-Demand is now available to these...

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Ericsson enhances 5G Standalone capabilities

Ericsson introduced a number of new  5G Standalone network capabilities for enabling premium services with differentiated connectivity such as lag-free mobile cloud gaming, video conferencing, live broadcasting, remote-controlled machines/vehicles, public safety services and future XR applications.Ericsson’s new software toolkit offers enhanced features for Massive MIMO, Advanced RAN Slicing, Time-Critical Communication and 5G Core. It supports...

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Verizon carries terabit wavelength over 205km

Verizon carried a 1.0 Tbps single wavelength over the Cisco NCS 2000 line system over 205km traversing 14 fiber central offices. The trial was conducted over Verizon’s live production network using Cisco’s NCS 1014 transceiver shelf and Acacia’s Coherent Interconnect Module 8 (CIM 8). The CIM 8 is Acacia’s 8th generation solution, an improved generation of silicon semiconductor chips with increased transistor density. The CIM 8 combines 5nm...

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Brookfield to acquire Cyxtera for $775 million

Brookfield Infrastructure Partners will acquire substantially all of Cyxtera’s assets for $775 million.In connection with the APA and the court supervised process, Brookfield will purchase from several landlords the real estate at which seven of Cyxtera’s U.S. data centers are located. These transactions will allow Cyxtera to increase existing facility ownership, secure expansion opportunities in support of robust customer demand, and strengthen...

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Vodafone to sell its Spanish subsidiary for €5 billion

Vodafone Group agreed to sell 100% of its Spanish subsidiary to Zegona Communications plc for at least €4.1 billion in cash and up to €0.9 billion in the form of Redeemable Preference Shares.In addition, Vodafone and Zegona have entered into an agreement whereby Vodafone will provide certain services to Vodafone Spain for a total annual service charge of c.€110 million.Margherita Della Valle, Chief Executive of Vodafone, said: “The sale of Vodafone...

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SiTime acquires clock products from Aura Semiconductor

SiTime agreed to acquire the clock products of Aura Semiconductor, a multinational fabless semiconductor company based in Bangalore. TUndet the deal, SiTime will also license all of its clock IP. This is an all-cash transaction, comprised of fixed payments totaling $148 million, and earnouts capped at $120 million. The transaction is expected to close by the end of 2023.“SiTime’s vision is to transform all categories of the $10 billion timing market,”...

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OIF announces 2023-2024 Board and Officers

 The OIF announced election results for its key leadership positions: Board of Directors: Jeff Hutchins, Ranovus, was re-elected to the Board and continues as Physical & Link Layer (PLL) Working Group – Co-Packaging Vice ChairMike Li, Intel, was re-elected to the BoardJeffery Maki, Juniper Networks, was re-elected to the Board and continues as Physical Layer User Group Working Group ChairNathan Tracy, TE Connectivity, was elected...

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