Telecom Ramblings

There has been more and more talk lately about the potential for consolidation among European networks, and not just from me.  But it is my feeling that the sense of the assets out there is narrowly focused on the incumbents and on the wireless/spectrum side of things, and that for fiber we don’t really have a feel for who the players would be beyond a few names that get mentioned over and over.  So I went out and hunted [Read more →]

Late last week, ground was apparently broken on a new intercity fiber project between New York City metro area and Ashburn, VA. They’ve got all the planning and rights of way in place, and were set to break ground on Friday. The company behind the project, United Fiber & Data, has some rather unusual backers. [Read more →]

Here’s a quick look at four contract wins and a modular expansion from the colo sector this week, on each for Telehouse, Verne Global, Telecity, Data Foundry, and Interxion: [Read more →]

Must be balance sheet spring cleaning week, as Equinix (NASDAQ:EQIX, news, filings) has also now chimed in with a big refinancing plan too. They started off looking to raise a cool billion in senior notes, and wound up pricing a whopping $1.5B of them made up of $500M of 4.875% notes due 2020, and $1B of 5.375% notes due 2023. [Read more →]

Apparently there’s quite a window in the credit markets right now – at least for fiber operators.  Earlier this week we heard about Integra’s refinancing package, and today Zayo made a similar move. [Read more →]

Infinera (NASDAQ:INFN, news, filings) continued its assault on the 100G market with a win in the Mediterranean Sea. TI Sparkle is deploying the vendors flagship DTN-X gear on its MedNautilus network, leveraging those 500Gbps super-channels to meet rising traffic needs. [Read more →]

Still under siege but with its new CEO at the helm, Alcatel-Lucent (NYSE:ALU, news, filings) seems to be picking up some momentum in the managed services segment. Last month it was a $1B deal for about half of Reliance Communications network management needs in India. And this week we have two more, although perhaps not quite of that magnitude. [Read more →]

Emerald Networks, which is building a new transatlantic cable with a branch to Iceland called the “Emerald Express”, has added a high profile customer.  None other than Vodafone Group (NYSE:VOD, news, filings) is planning to sign a contract with the cable system for capacity.  [Read more →]

It’s been a busy week for the folks at Integra Telecom, or I should say simply “Integra”, since that’s the way they’ll be introducing themselves from here on out. Following up the successful refinancing of its debt announced yesterday, the western regional network operator has unveiled an updated brand, complete with a new logo, tagline, and the name it goes to market with. [Read more →]

euNetworks (SIN:H23, news) reported its earnings for the fourth quarter and full year 2012, demonstrating a continued solid growth trend and strongly improving margins.  The independent metro fiber operator added another 59 buildings to its network and another 33 customers to its rolls.  Improved scale and product mix helped adjusted EBITDA margins surge above 20% for the first time, with gross margins breaching the 70% barrier as well.  Here are their numbers in some context: [Read more →]

In a transaction update today, Clearwire (NASDAQ:CLWR, news, filings) revealed that it has decided to dip into the funds that Sprint Nextel (NYSE:S, news, filings) offered to lend it as part of its proposed merger of the company. They’re going to take the $80M in financing Sprint provided for the month of March, which comes in the form of notes exchangeable for common stock at $1.50 per share. [Read more →]

California-based TelePacific says it’s ready for a big Texas push. The western regional CLEC expanded to Texas for the first time in October of 2011 when they closed the acquisition of Tel West. [Read more →]