Here are a few news bytes from around the world worth noting:
According to Capacity, GCX is widening its search for a buyer. The international division of RCom has been in limbo for some time due to the trials and tribulations of its parent. The investment bank Lazard was called in as an advisor last week, and CEO Bill Barney has said that buyer interest is definitely there. Earlier speculation had two bids of $1.1B or so in the works, one from I Squared and another from a private equity consortium.
Zayo announced a new international enterprise customer yesterday. The Boulder-based infrastructure builder and operator is providing wavelength connectivity to an unnamed ‘international bank’. The deal will connect about 10 locations for the bank’s corporate network, mostly on the eastern US coast, and provides the bank a path for further network expansion as well.
Orange Business Services has picked up another global enterprise customer. The engineering and infrastructure advisory company Aurecon has picked the company to manage its network infrastructure. They’ll be using Orange’s SD-WAN and cybersecurity across 60 sites in 20 countries. It’s a $25M, 5-year deal that builds on a relationship that started 5 years ago.
And Nokia has won some success in southern Asia. The Pakistani operator Jazz has picked Nokia to a five year deal as part of its 4G expansion plans. They’ll be using Nokia radios in the Sindh and Baluchistan provinces, as well as in central and southern Punjab. They’ll also be using the vendor’s MIMO tech and cloud controllers to improve, efficiency, capacity, and speed.
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