Earnings roundup: Cogent, GTT, EarthLink

May 8th, 2015
 

Several competitive service providers posted their first quarter earnings this week, here's a quick review: [Read more →]

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Birch Takes Out OrbitCom

May 8th, 2015
 

After a year of mostly integrating Cbeyond and its other various acquisitions, Birch Communications has stepped back into the M&A market.  Yesterday they announced their 24th deal, a definitive agreement to acquire the customer assets of OrbitCom . [Read more →]

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Industry Spotlight: Bank Street On Last Week’s Fiber M&A – Part 2

May 7th, 2015
 

Last week was truly a remarkable one for M&A transactions and other strategically important developments in the world of Bandwidth Infrastructure, so we took the opportunity to sit down with Bank Street’s James Henry (JH), Richard Lukaj (RL) and Peter Beckett (PB) to get their perspectives on the news and its implications for the sector. Here is the second part of our two-part interview in which we look at Lightower’s merger with Fibertech and the formation of Communications Sales & Leasing. [Read more →]

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QTS to buy Carpathia

May 7th, 2015
 

In other data center merger news, QTS Realty Trust has found itself an inorganic target.  Yesterday they announced an agreement to acquire Carpathia Hosting for $326M, looking to move deeper into cloud-based services. [Read more →]

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Equinix Makes a Play for Telecity

May 7th, 2015
 

The global carrier neutral data center market turned into a soap opera this morning, as Equinix made an unexpected offer to acquire TelecityGroup. TelecityGroup is of course has been busy preparing to merge with Dutch-based Interxion since their own deal was announced three months ago, but Equinix is arguing that it's proposal would be a better idea. [Read more →]

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Network security metadata — bad networks trusted most

May 7th, 2015
 

This article was authored by Don Sambandaraksa, and was originally posted on telecomasia.net.

Denial reigns among the cellcos in today’s post-Snowden world. While the likes of Google, Yahoo and US cloud in general has been struggling to come up with answers to surveillance, scrutiny of our cellcos has been lacking, but grassroots [Read more →]

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Vendor Bytes: Cyan, Infinera, Alcatel-Lucent, ONOS

May 6th, 2015
 

Here's some quick-takes on news from the vendor space this week: [Read more →]

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Lumos Aims at the Dark

May 6th, 2015
 

Fiber, that is. Lumos Networks is introducing a dark fiber offering, shifting its approach to the networking business to include a lower gear. Meanwhile, the company posted revenues and earnings for the first quarter that met guidance and exceeded market expectations. [Read more →]

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Industry Spotlight: Bank Street On Last Week’s Fiber M&A – Part 1

May 5th, 2015
 

Last week was truly a remarkable one for M&A transactions and other strategically important developments in the world of Bandwidth Infrastructure, so we took the opportunity to sit down with Bank Street Group’s James Henry (JH), Richard Lukaj (RL) and Peter Beckett (PB) to get their perspectives on the news and its implications for the sector. Here is the first part of our two-part interview. [Read more →]

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Tuesday Roundup: Level 3, Zayo, Padtec, UPN, Cisco

May 5th, 2015
 

Here's a quick look at some news from the past few days -- new SDN-powered cloud connectivity, some refinancing, an alien wave, and two executive job appointments. [Read more →]

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vXchnge Acquires 8 Sungard Data Centers

May 5th, 2015
 

The colocation provider vXchnge has made an inorganic move that significantly increases its footprint.  Yesterday they announced the acquisition of 8 data centers from Sungard Availability Services, nearly doubling their reach to a total of 15 markets now. [Read more →]

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Ciena Takes the M&A Road, to Acquire Cyan

May 4th, 2015
 

Some five years after acquiring Nortel's MEN business, Ciena is making another significant acquisition of a competing vendor. This morning they announced a definitive agreement to acquire Cyan in a move that will take the company much deeper into the world of on-demand networking and services. [Read more →]

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Is it cheaper to build or buy a fiber network? It depends.

May 4th, 2015
 

Contributed by Charlie Reed & Rajive Keshup, ATLANTIC-ACM

Fiber market on fire

In the last week, we have seen ~$3B of transaction value between the Crown Castle/Sunesys and Lightower/Fibertech transactions at multiples as high as ~15x (EV/EBITDA).  These are some of the highest multiples the industry has seen in recent history, sparking substantial debate on potential bubbles and a market that requires [Read more →]

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Ramblings Jobs: Lightower

May 3rd, 2015
 

Three new job listings this past week on the Ramblings Jobs board from the northeast, and yes it's from the consolidator of the week. [Read more →]

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The State of Metro Fiber Consolidation

May 1st, 2015
 

Two announcements this week shook up the metro fiber markets in the USA this week: Lightower is taking out Fibertech for $1.9B, while Crown Castle is buying Sunesys for $1B. That's a significant amount of fiber changing hands, and it's worth taking a moment to step back and look at where we are. [Read more →]

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Friday Bytes: Level 3, Interoute, Equinix, XO, Arrow, DBAK, NYI

May 1st, 2015
 

Here's our recurring Friday quick look at other news from around the sector, as we digest the big metro fiber consolidation week we've had in the US. [Read more →]

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Crown Castle Also to Acquire Access Fiber Group

April 30th, 2015
 

In the previous article today about Crown Castle's plans to purchase Sunesys, I wondered what else might be on their shopping list after two deals in the past 8 months. Well, as an alert reader pointed out, it turns out that should have been three -- we missed one other already this year. [Read more →]

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Crown Castle Buys Sunesys, Stockpiles More Metro Fiber

April 30th, 2015
 

If anyone thought Crown Castle's purchase of 24/7 MidAtlantic last autumn was a one time thing, they were proven wrong this morning.  The tower operator has struck again, and this time it has bought a whole lot more metro dark fiber by buying Sunesys. [Read more →]

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Wednesday Bytes: DE-CIX, Ciena, Infinera, ADVA

April 29th, 2015
 

In today's roundup, an IX traffic milestone and three vendor wins to take a look at: [Read more →]

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North American Enterprise Revenues Hold Up Level 3’s Q1

April 29th, 2015
 

Level 3 Communications posted its earnings report for Q1 2015 this morning, beating expectations slightly on earnings per share and coming in just under the street's view on revenue.  EBITDA and free cash flow were both strong, and the company raised guidance for both. Here are their numbers in some context with a few thoughts: [Read more →]

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CyrusOne to Acquire Cervalis

April 28th, 2015
 

The data center provider CyrusOne made a significant inorganic move today, announcing the acquisition of privately-held Cervalis.  The deal gives CyrusOne its first presence in the northeast, by which we mean the New York City metro area of course and an increased penetration of the financial vertical.   [Read more →]

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Tuesday Roundup: Allied Fiber, GCX, CenturyLink

April 28th, 2015
 

Here's a quick look at some news from early this week: [Read more →]

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Here Comes CS&L, the Network REIT is Born

April 28th, 2015
 

Yesterday Windstream followed through on the plans it unveiled 9 months ago, and spun off its network assets into a Real Estate Investment Trust in a tax-free move yesterday. The new entity trades under the ticker CSAL, and has had a bit of a rough going while the markets figure out just what to do with it.  [Read more →]

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