Here's another quick overview of some of the news this week that I didn't manage to write a full article about:
Hibernia Atlantic won some additional business with Italian based Tinet. The IP and Ethernet backbone operator will be purchasing multiple 10G transatlantic wavelengths. Specifically they will be buying bigger pipes in and out of Toronto, New York, Dublin, London, and Frankfurt amongst others. Since its rebirth as a standalone wholesale player, Tinet has been expanding its scope of operations and needs the extra bandwidth to meet increasing traffic demands on its network.
Reminding us that there is more to WiMAX than Clearwire, Towerstream announced that it is acquiring competitor Sparkplug Communications. The acquisition will increase the coverage of the company's network in Chicago by 45%, and its customer base there by 150%. They also gain a foothold in Nashville, which will become their 12th market. They also reported earnings, checking in with $4.0M in revenue and -$0.3M in EBITDA for the fourth quarter. They are obviously growing steadily, but still quite small in the grand scheme of things.
Equinix has opened its second data center in Geneva, Switzerland, named GV-2. When fully built out, the first phase will add 380 cabinets to and 48,400 square feet. The facility is alreadty the company's largest in Switzerland, and further phases are planned to build out more space as the market demands it. Some 11 carriers have already hooked their networks up to the facility.
And Neutral Tandem has selected Cisco's ASR 9000 to power the Ethernet exchange they announced last month. The company is moving quickly, deploying in multiple cities across the US in an effort to not be left behind by CENX and Equinix. The effort is key to the company's future, since with the demise of the PSTN being comtemplated by the likes of AT&T one must also consider the eventual demise of the tandem switch.