Monday Roundup: Telehouse, DF&I, Empire

June 26th, 2023 by · Leave a Comment

One bit of M&A and two fiber expansion projects to catch up with:

Telehouse had made an inorganic move into Canada. The data center brand of KDDI has signed an agreement with Allied Properties REIT to acquire three data centers in Toronto’s city center. The purchase will cost them CAD 1.35B, which is just over US $1B, and add some 30MW of IT load to their footprint. The assets were not mentioned in the PR, but a bit of digging says they are at 151 Front, 250 Front, and 905 King.

DF&I has some new endpoints on its fiber and conduit network in the MidAtlantic region. DataBank’s Ashburn campus is now connected to their infrastructure, enabling tenants there to take direct advantage of DF&I’s alternative express route to Baltimore. Databank’s campus consists of 2 facilities, 300K square feet of space, and 50MW of power.  DF&I has been building a huge fiber ring throughout Ashburn over the past couple years.

And Empire Access continued its expansion across a broad swath of upstate New York. They have now added Dansville and Warsaw to their list of FTTH markets, with the expansion expected to be ready later this summer. Both towns are in the rural areas to the south of Rochester with populations in the 5K neighborhood, reflecting the types of opportunities Empire Access is chasing in today’s marketplace.  There are certainly a lot more where those came from.

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Categories: Datacenter · FTTH · Mergers and Acquisitions · Metro fiber

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