Tuesday Bytes: Fastwyre, Connectbase, Beanfield, Conterra, Fortinet, GI Partners

July 18th, 2023 by · Leave a Comment

Some FTTH, managed services, and some data center M&A:

Fastwyre is expanding its FTTH reach in two vastly different parts of the US. In Missouri they announced an expansion into Sedalia and La Monte, following up on an early buildout in Warrensburg. Meanwhile, they won two grants totaling $70M to build out fiber in Alaska. The project is expected to bring fiber to some 3,000 people and 7 businesses in and around Nome, way out on the Bering Strait looking out at Siberia.

Connectbase has a new adherent to its data ecosystem from the north. The Canadian metro provider Beanfield Technologies has signed onto the company’s Connected World platform. Beanfield’s reach within Toronto, Montrea, and Vancouver will help flesh out Connectbase’s Canadian last mile options.

Conterra Networks is launching a new service with the help of the cybersecurity specialists at Fortinet. They will be offering Managed LAN capabilities to the enterprise marketplace for their fiber and fixed wireless network. Conterra’s footprint stretches 15,000 route miles.

And GI Partners has done a deal with Digital Realty Trust for some hyperscale assets out in the Midwest for its ETS Fund. The investment firm has acquired a 65% interest in two facilities in the Chicago suburb of Elk Grove. Digital Realty will retain a 35% interest and continue to manage the operations of both locations. The data centers in question are 90% occupied and combined have 67MW of IT capacity. The ETS Fund has acquired 22 properties since 2021.

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Categories: Datacenter · Federal contracts · FTTH · Managed Services · Metro fiber

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