Telecom Ramblings

Content delivery provider Limelight Networks (NASDAQ:LLNW, news, filings) took a bit of a break from the content side of things, and got its hands dirty with a bit of IP transit work.  The company announced that the Arizona Internet Exchange, which it is backing, is now open for business.  Limelight is based in Arizona, which I actually did not know until today, and therefore has a vested [Read more →]

When they actually buy the fiber, you know the network is probably going to get built.  Today Corning announced that its Australian division has been awarded the contract for that fiber and other gear.  The deal could be worth up to AUS$1.2B over the full term, with an initial purchase commitment of AUS$400M.  That’s real money, meaning that [Read more →]

Rumors have been trickling out of Global Crossing since late last week that there has been a round of layoffs at the company, including but not limited to several comments left on this site.  There has been no official word out of the company on this subject just yet, but it does appear that something is going on.  How many?  I’m hearing 3% or so, i.e in the neighborhood of 150 people.  Where?  [Read more →]

ftwr has picked up another pile of fiber, working out an agreement with Zayo’s dark fiber division, Zayo Fiber Solutions.  FiberTower will lease some 2,500 miles of dark fiber for the long term and has options for additional fiber leases.  They will use all that fiber to fill out their wireless backhaul coverage, obviously, however there was no mention, however, of the [Read more →]

Time to catch up on the rest of the fiber-related news this week:

Hibernia Atlantic had two notable announcements.  First, they announced the further reduction of latency across their Global Financial Network.  They reduced the NJ/Toronto routes to 9.5ms, and also sped things up in the NJ metro area.  They also have that new transatlantic link in the works of course, but a solid footprint on land is critical regardless.  Secondly, [Read more →]

So last week we ran two polls about the M&A potential in 2011, the first one picking likely buyers, and the second one picking likely targets.  Readers of this site tend to be very knowledgeable on this subject, as they are often sitting in the front row if not on stage when they happen.  So who won the somewhat dubious honor of leading each list? [Read more →]

Content delivery giant Akamai (NASDAQ:AKAM, news, filings) took a public lump or two last month with the news that they lost some Netflix business to Level 3, but yesterday they showed a bit of their own aggression.  Akamai and Rackspace Hosting (NYSE:RAX, news, filings) announced a strategic relationship under which Rackspace’s dedicated and cloud hosting portfolio will leverage Akamai’s CDN.  Rackspace’s cloud services don’t get as much press as those of Amazon, [Read more →]

Yesterday, Level 3 Communications (NYSE:LVLT, news, filings) announced an agreement with eSchool Solutions in which the educational software provider will leverage the company’s CDN to deliver a training program and also to enhance its voice needs as well.  eSchool Solutions is a provider to more than 600 school districts and thousands of schools across the US and Canada.  They will use the CDN services to support a new virtual training platform, while both [Read more →]

Renesys has put out its traffic rankings for the end of 2010, and the field continues to shift.  In general, the trend is the old guard treading water or even dropping, with the alternative US carriers and Asian and European PTTs rising in response. I always find Renesys’s year-end graphs fascinating, even if they track traffic rankings which doesn’t necessarily translate to progress in revenue or EBITDA.  But it does give insight into who is [Read more →]

So, it’s official now, Tata Communications (news, filings) has agreed to purchase BitGravity.  While financial terms were not disclosed, Dan Rayburn pegs the deal at about $35M.  If true, then since $11.5M bought them about 15% of the company back in 2008, there wasn’t much of a premium here.  Tata had partnered with the company to power its own CDN services, and they will now take all of that technology in-house.  [Read more →]

Zayo’s zColo unit is undertaking a substantial expansion, adding five new markets.  The company has leased space down in Memphis, in the three largest Ohio markets of Cincinnati, Columbus, and Cleveland, and in Plymouth MN which lies 15 miles northwest of Minneapolis.  In all, the company is increasing its colocation footprint by 46,404 square feet of space, or 40%.  They will use that space to offer interconnection and other services to their customer base, including [Read more →]

Quite a bit of news in the datacenter space lately, here’s a quick look:

Telehouse America is moving deeper into the Manhattan Datacenter market.  Today they announced the acquisition and opening of a 60,000 square foot facility in the Chelsea-Meatpacking District at 85 [Read more →]

Cogent isn’t the only one seeing a window of opportunity in the debt markets.  Level 3 Communications (NYSE:LVLT, news, filings) today announced its intention to raise $300M in senior notes due 2019 in a private offering.  In parallel, the company reaffirmed its guidance for the fourth quarter of 2010, i.e. that free cash flow will be positive and that [Read more →]

The latest low latency foray over in Europe comes from Interoute (news).  This morning, the trans-european network operator announced that it has added major financial hubs in Milan and Amsterdam to its Fast Trade offerings.  More specifically, they added connectivity to Borsa Italiana in Milan and to the Equinix IBX in Amsterdam.  They did not give actual latency metrics between any particular points, however.  They are, of course, targeting the [Read more →]

Is it just me, or has the last year and a half of media frenzy over when Verizon get the iPhone been lame for about a year?  Verizon has called a press conference for Tuesday, and by universal acclamation we now know that they will soon (perhaps in less than a month) be selling the miraculous device.  The short version of the implications: [Read more →]

Spread Networks (news) isn’t just talking low latency in the long haul, today they made a move on the metro.  The company has trenched a new route between its longhaul endpoint in Carteret and the NY4 facility of Equinix (NASDAQ:EQIX, news, filings), claiming the fastest path between Carteret and Secaucus.  The new Low Latency Metropolitan Dark Fiber Network name suggests that they are not done, and that there is more metro trenching in their future.  I suspect though that this is limited to [Read more →]

Few companies in the sector were as uncharastically quiet as Cogent Communications (NASDAQ:CCOI, news, filings) in 2010, but perhaps that is about to change.  The alternative network operator announced this morning that it is accessing the credit markets to the tune of $150M in senior secured notes due 2018.  The question is, what will they use it for?  They have no immediate needs, and the PR simply states: [Read more →]

According to the beltway-contractor-centric publication Washington Technology, the US Postal Service handed three major six-year contracts to three telecoms.  As always, the incumbents got the lion’s share: Verizon (NYSE:VZ, news, filings) got the biggest share of $186M, while AT&T (NYSE:T, news, filings) got $100M.  But competitive operator XO Holdings (news, filings) managed to walk away with $45M.  The Postal Service is aiming to fully integrate [Read more →]

On Friday, PAETEC (news, filings) announced that it has named former Intellifiber chief Clint Heiden to its senior leadership team.  Heiden will take on the title President of National Accounts and Fiber Services, and will be leading the company’s new ‘national fiber division’ as well as overall strategy for large enterprise customers.  There was a time when PAETEC and fiber weren’t used in the same sentence, but nowadays they are sitting on [Read more →]

Over on the Telecom Ramblings Jobs Board, we have a new job listing from Mapcom Systems.  Mapcom is looking for a Database Specialist to assist with the databases underlying their GIS applications.  Mapcom is based in the Richmond, Virgnia area.  We also had another job listed by Zayo following the last two I mentioned before Christmas.  Zayo is looking for [Read more →]

After Tuesday’s poll looking at which network providers will be buyers in 2011, several readers suggested a followup poll looking at the most likely sellers.  As it happens, I had already anticipated that suggestion but didn’t want them to run the same day.  I also decided to give some different polling software (PollDaddy) another trial.  Those of you who found Tuesday’s poll to be broken for a while that morning, it should be all fixed now so go back and have your say!  I’ll give my own take on both questions next week. [Read more →]

Time to catch up on a bit of fiber news that has crossed the wires since ’10 flipped to ’11:

abvt has built out its network into the Philadelphia Technology Park, a key hub in the MidAtlantic region that is located in Philly’s Navy Yard.  Just one more example of [Read more →]

According to Dan Rayburn, Tata Communications (news, filings) is about to buy out its CDN partner, BitGravity.  If true, we will soon have another major international backbone with both feet fully in the content delivery business.  Dan is usually right about CDN M&As, and it does have a ring of truth to it regardless.  Tata invested $11.5M in BitGravity back in the Fall of 2008, thereby staking out its position alongside all the other network operators seeking a bit of CDN exposure.  They have since then [Read more →]