Monday Roundup: Flexential, Tata, Great Plains, Dobson, conexcity

February 10th, 2020 by · Leave a Comment

I'll be heading down for Metro Connect this week.  If you're there, feel free to stop by and say hi.  In the meantime, here's a bunch of interesting news from the end of last week worth noting:

Flexential has raised a bundle of new cash. Last week they closed a $250M offering of senior secure notes due 2024. The company plans to use the new capital to repay its existing first lien revolving credit facility and to support further expansion of its footprint. Flexential currently operates 40 data centers across 21 markets.

Tata Communications has plans to launch a 100G media backbone with the help of Net Insight. They are taking aim at upcoming demand for UHD 4K video, which quadruples the bandwidth requirements of mere HD video, and the complexities demanded by modern eSports coverage. The new backbone will leverage Net Insight's Nimbra 1060 WAN transport platform.

Great Plains Communications has begun the year by adding talent to its management team. Industry veteran Tony Thakur will be the company's new Chief Technology Officer, aiming to expand the company's product portfolio. In addition, they've brought in Doug Brown as Director of Wholesale & Carrier Services, Jo Anne Bowden as Area Sales Manager, and promote Kim Ptacnik to VP of Human Resources and Mark Kerns to VP of Accounting and Finance.

Dobson Technologies has picked up a 5G small cell deployment contract. The Oklahoma-based regional fiber operator has been selected by an unnamed major wireless carrier for small cells in Oklahoma and Texas. They'll be leveraging dark fiber on their 3,700-route-mile regional fiber network

And Metro Network Services has a new name: conexcity. The New York based network integrator is rebranding as it renews its focus on and enhanced suite sof services from design through full-scale wireless and converged network integration. The company has been busy putting up 1,500+ small cells over the past two years in the NYC metro area.

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Categories: Datacenter · Engineering & Construction · Fiber Networks · Financials · Jobs · Video

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