A new enterprise customer, a new data center campus, some wireless for a sports venue, and some balance sheet work.
GTT has picked up a new multinational customer from the pharmaceutical space. The French company LFB is deploying GTT’s managed SD-WAN, cloud connectivity, and other services across 28 sites in the US, France, Austria, Czech Republic, and Belgium. LFB offers plasma-derived medicinal products and recombinant proteins. The company is migrating its infrastructure from legacy MPLS WAN.
Aligned Data Centers is expanding its footprint in northern Virginia again. They are developing a second hyperscale campus in the region on 10 acres in Sterling. Two buildings are planned, the first of which will be ready in the fall of next year. At full buildout it will be four stories and offer 430,000 square feet of space powered by 72MW of capacity. Aligned first entered northern VA just three years ago.
ExteNet is installing and operating the necessary wireless infrastructure for the Circuit of the Americas. COTA is a racetrack venue down in Austin TX, with 1,500-acres to keep connected during events like Formula 1 racing. The deployment upgrades existing fiber infrastructure, adds support for both the latest 5G bands, and leverages CBRS for private wireless networking.
And Lumen is taking aim at its balance sheet. They have commenced cash tender offers and consent solicitations for five different issues of senior notes. They are offering a bit below face value, perhaps looking to take advantage of the rise in interest rates to buy back some debt on the cheap or eliminate restrictive covenants on what doesn’t get bought back.
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