Thursday Bytes: GlobeNet, Telehouse, NTT, Infinera, Level 3

October 29th, 2015 by · Leave a Comment

Here’s a quick wrap-up of some news that’s worth a look:

GlobeNet has added a new PoP to its network down in Brazil. The network operator has expanded its layer 2 and layer 3 reach into the Equinix SP2 data center in São Paulo as it prepares the necessary infrastructure for next year’s Olympic Games. GlobeNet’s previous terrestrial connectivity into the area had come from partners like its former owner, Oi.

TELEHOUSE has partnered its way into another Manhattan location. They have teamed up with DataGryd, which operates a high density data center in the carrier hotel at 60 Hudson. The deal will give both companies an expanded footprint from which to take on the city’s enterprise markets.

NTT added a massive new data center in south Asia this week. The company’s NetMagic subsidiary has launched its 9th data center in Mumbai, bringing a massive 300,000 square feet of space with 2,700 racks online, fed by 28MVA and 4 diverse fibre paths. NTT bought a majority stake in NetMagic back in 2012.

Infinera helped light up some metro fiber down in Texas. Houston’s Phonoscope LightWave has deployed the vendor’s Cloud Xpress for a K-12 educational customer. The deployment puts multiple 40GbE connectivity in place with room to scale up to 500Gbps in the future.

And Level 3 has followed up its well-received Q3 earnings report with a refinancing move.  They announced plans this morning to issue $500M in senior notes due 2024.  They intend to use the proceeds plus cash on hand to redeem a similar amount of the company’s 8.625% senior notes due 2020.  Level 3 has finally been enjoying a virtuous circle when it comes to its debt, as the FCF they are generating has made it possible to reduce the interest on the company’s existing debt steadily.

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Categories: Datacenter · Financials · Telecom Equipment · Undersea cables

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