Tuesday Bytes: Infinera, vXchnge, Reliance

October 31st, 2017 by · Leave a Comment

Here’s a quick roundup of some other news from this week:

Infinera has a new customer in northern Europe. The Swedish regional operator Norrsken is deploying Infinera’s XTM II and 400G Flexponder gear. Norsken is deploying the gear to deliver 100Gbps and 200Gbps transport services with low power consumption and a small footprint.

vXchnge has a new customer at its Secaucus, New Jersey data center. Interserver has picked the facility to power its hosting, dedicated server, and cloud services. The migration was completed in just two months without affecting Interserver’s customers.  vXchnge recently expanded into Austin by purchasing an operating data center from Digital Realty.

And India’s Reliance Communications has finally found a debt reduction strategy that might work. Along with selling assets, which they have been working on in various forms for years now, the company is offering to convert a pile of debt for equity. They are proposing the conversion of just over $1B in debt into stock that will make up 51% of the company’s equity. Debt for equity isn’t usually a preferred option, but the market sent Reliance’s stock up on the news, indicating just how much pressure they are under.

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Categories: Datacenter · Financials · Telecom Equipment

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