CAPRE’s Digital Infrastructure Round Up for February 21, 2020: Telus + Huawei to Launch 5G in Canada Soon

Check out the latest in deals, new development and innovative strategies in hyperscale, colocation, 5G, cloud migration, cloud services, edge compute, Hybrid IT, power, cooling and energy efficiency for February 21, 2020:

  • Telus + Huawei to Launch 5G in Canada Soon: Reuters is reporting that Telus Corp, Canadian telecom operator, will quickly start rolling out its 5G community and its preliminary module will likely be with Huawei Applied sciences Co Ltd. “Canada is reviewing the safety implications of 5G networks, together with whether or not to permit Huawei to produce 5G community tools. Telus on Thursday warned of upper prices associated to establishing 5G wi-fi community if the Canadian authorities banned Huawei,” wrote Reuters. “In the meantime, U.S. prosecutors on Thursday accused Huawei of stealing commerce secrets and techniques and serving to Iran monitor protesters in its newest indictment towards the Chinese language firm. Huawei CFO Meng Wanzhou is at present in Canadian custody awaiting a choice on extradition to the USA.”
  • CAPRE’s Digital Infrastructure Round Up for February 21, 2020: Telus + Huawei to Launch 5G in Canada Soon 1Iron Mountain Reports Fourth Quarter and Full-Year 2019 Results: Iron Mountain has announced is fourth quarter and full year 2019 results. Total reported Revenues for the fourth quarter were $1.08 billion, compared with $1.06 billion in the fourth quarter of 2018. Excluding the impact of foreign exchange (FX), reported total Revenues grew 2.7% compared to the prior year, reflecting the benefits from revenue management and steady organic global volume trends. For full-year 2019, total reported Revenues were $4.26 billion, compared with $4.23 billion in 2018, an increase of 3.0% excluding the impact of FX. Income from Continuing Operations for the fourth quarter was $37.1 million, compared with $158.5 million in the fourth quarter of 2018. Income from Continuing Operations in both Q4 and full-year 2019 included Restructuring Charges of $48.6 million associated with the implementation of the Company’s transformation program – Project Summit – designed to accelerate execution of Iron Mountain’s strategy. In addition, Income from Continuing Operations included $4.7 million of Significant Acquisition Costs in the fourth quarter of 2019, compared with $12.0 million in the fourth quarter of 2018. For full-year 2019, Income from Continuing Operations was $268.2 million, compared with $367.6 million in 2018, with Significant Acquisition Costs of $13.3 million in 2019 and $50.7 million in 2018.

  • Front Range BidCo, Announces Offering of $1 Billion of Senior Secured Notes and $2.08 Billion of Senior Unsecured Notes in Connection With the Acquisition of Zayo: Front Range BidCo have announced the commencement of a private offering of $1 billion aggregate principal amount of senior secured notes due 2027 and $2.08 billion aggregate principal amount of senior unsecured notes due 2028. Merger Sub intends to use the net proceeds from the offering of the Notes as part of the financing for the previously announced acquisition of Zayo Group Holdings, by a consortium led by Digital Colony Partners and EQT Infrastructure. Unless the Merger is consummated substantially simultaneously with the closing of the offering of the Notes, the proceeds from the offering will be deposited in escrow, with such proceeds to be released to finance the consummation of the Merger, subject to the satisfaction of customary conditions. Upon consummation of the Merger, Merger Sub will merge with and into Zayo, with Zayo continuing as the surviving corporation and a wholly owned subsidiary of Front Range TopCo.

  • STULZ USA Chosen as Top Employer: STULZ USA is featured in Frederick County, MD’s Top 50 Workplaces as one of the top companies that attracts and keeps talent by providing a welcoming workplace. STULZ USA has over 400 full-time employees in our US headquarters and manufacturing facility in Frederick.

  • Northern Data and SBI Crypto Announce Strategic Cooperation: Northern Data and Whinstone US have announced a strategic cooperative relationship with SBI Crypto, a wholly owned subsidiary of SBI Holdings in the areas of applied blockchain technology. SBI Crypto will be one of the first enterprises hosted at Whinstone US’ new data center in Texas being delivered from March 2020. In addition, both parties have further identified other areas of strategic development, including projects relating to blockchain technology infrastructure and joint software development and deployment. SBI Crypto is also positioned for potential equity participation in Northern Data. SBI Crypto is dedicated to crypto mining-related operations and is a wholly owned subsidiary of Japan’s SBI Group. The SBI Group is a leading online financial services conglomerate that has been building out its Fintech 2.0 ecosystem since 2016 through in-house development and acquisition of innovative technologies and businesses, including its Japan-licensed digital asset exchange, various wallet and key management technologies, cybersecurity, interbank settlement platforms, and crypto-related mining businesses.

The post CAPRE’s Digital Infrastructure Round Up for February 21, 2020: Telus + Huawei to Launch 5G in Canada Soon appeared first on CAPRE MEDIA | CAPRE EVENTS.

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