Friday Bytes: Fatbeam, DuPont Fabros, Viawest, Level 3

Halloween is over and it’s time for a quick Friday wrap-up of news I didn’t get to from this week:

Fatbeam offered an update on its growth trends building fiber up in the Pacific Northwest and Rocky Mountains. In the three years since their launch, Fatbeam says it has been posting triple digit annual growth. They’re now in some 17 markets, including an expansion into Butte Montana and a new one I hadn’t seen before in Rawlins, Wyoming. They’re finding lots of supposedly hard to justify tier 3/4 markets to be prime territory.

DuPont Fabros became the latest colocation specialist to get the LINX NoVA treatment. The London Internet Exchange will be building a node of their European-style interconnection/peering platform within DFT’s ACC5 facility. The OpenIX movement definitely seems to have some legs, and LINX is staking out its turf in northern Virginia.

ViaWest added an international finance customer out in Texas. The US arm of Spain’s Banco Santander, Santander Consumer USA will be using their colocation services to secure its corporate data in Viawest’s Richardson data center.  Viawest has been increasingly visible throughout its central USA markets.

And Level 3 took quick advantage of the positive response to its earnings report this week with, you guessed it, a quick refinancing move. They’re offering $640M in senior notes due 2021 that will be used to pay off the same amount of 10% notes due in 2018. The pricing came in at just 6.125%, which makes the logic rather unassailable.

If you haven't already, please take our Reader Survey! Just 3 questions to help us better understand who is reading Telecom Ramblings so we can serve you better!

Categories: Datacenter · Financials · Internet Backbones · Metro fiber