Monday Bytes: Archtop, Stonepeak, CoreSite, NEC, Teraco

October 31st, 2022 by · Leave a Comment

Some regional FTTH, a private equity investment, and a technology deployment:

Archtop’s plans for fiber in the Hudson River valley are taking shape. The recently formed company has announced a strategic partnership with the town of Saugerties. They plan to build out 250 fiber miles in the area to connect both residential and business customers. Saugerties lies between the Hudson River and the Catskills region, with a significant tourism presence. Archtop is backed by Post Road Group.

Stonepeak is putting another $570M into CoreSite, the data center business of American Tower. The deal follows a $2.5B investment they had already made just two months ago, which at the time gave them a 29% stake. After this follow-up transaction is completed they will own about 36% of the company.

And NEC is helping deploy some new technology for the African colocation provider Teraco. More specifically, they are leveraging the Telecom Infra Project’s 400G Phoenix initiative, deploying Wistron’s Galileo hardware, their own NEC network operating system, and Lumentum 400G transceivers between facilities.  Teraco operates carrier neutral facilities in the South African markets of Johannesburg, Cape Town, and Durban.

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Categories: Datacenter · FTTH · Telecom Equipment

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