American Tower will acquire CoreSite for approximately $10.1 billion, aiming to create a differentiated, comprehensive, and interconnected communications real estate platform optimally positioned to benefit from the convergence of wireline and wireless networks amid accelerating global 5G deployments.
HGC Extends Eyeball-as-a-Service to Support Market Entry
HGC significant expansion of its flagship ultra-low latency solution Eyeball-as-a-Service (EaaS). Riding on HGC’s comprehensive set of digital infrastructure, the extended EaaS coverage is scaling to support digital globalization and faster market entry by international players to reach 400 million eyeballs in the Southeast Asia.
Netcracker Provides Next-Generation Digital OSS to Segra
Netcracker Technology announced a partnership to consolidate and transform Segra’s OSS to improve operational efficiencies and enhance the customer experience for many of its core products and services, including security, connectivity, collaboration, and cloud solutions.
Colt Technology Services adds 400GE Across Asia and Europe
Colt Technology Services implemented its new 400GE Wave and Private Wave services, making it the first telco to offer customers access to the technology as a service across both Europe and the Asia Pacific regions.
Texas Gears Up for New $17 Billion Chip Plant
One of the world's largest electronic device producers has been weighing its options where to construct an advanced chipmaking plant in hopes of winning more American clients and narrowing the gap from other semiconductor chip leaders like TSMC.
GTT Communications to File for Bankruptcy
GTT Communications Inc. said it plans to start prepackaged chapter 11 cases after it closes the sale of its infrastructure division to I Squared Capital in the coming weeks as it seeks to repay a significant portion of its secured debt.
HGC Extends Eyeball-as-a-Service™ to the Philippines
HGC Global Communications Limited (HGC) implemented significant expansion of its flagship ultra-low latency solution Eyeball-as-a-Service (EaaS) in the Philippines, following its initial launch in Singapore. Riding on HGC’s comprehensive set of digital infrastructures, the extended EaaS coverage is scaling to support digital globalization and faster market entry by international players to reach 400 million eyeballs in the Southeast Asia.
First Successful North American 5G SA Mid-Band Call Completed
In collaboration with Nokia and Athonet, Innovate5G has completed a successful mid-band call on a 5G standalone (SA) network. The successful call means enterprises designing for 5G can now test their applications in an actual 5G environment to better understand performance, security, and network resource usage.
Adtran to Acquire Adva Optical
Adtran announced an agreement to acquire networking services company ADVA in a deal valued at EUR789 million ($931.1 million). Under terms of the deal, each ADVA shares will be exchanged for 0.8244 shares of the stock of the new holding company, which values ADVA shares at EUR14.84 each, or a 22% premium to the three-month volume weighted average price over the past three months.
Tata Communications Announces Revenue Figures
“In a challenging quarter impacted by the second wave of COVID-19, we have delivered a robust performance,” said A S Lakshminarayanan, Managing Director and CEO, Tata Communications. “The global markets are slowly opening up and we are witnessing greenshoots of demand recovery.”