Verge Digital Infrastructure (Verge) continues to make solid progress on its planned open access EDGE data center and cable landing station projects across South-East Asia, after successfully completing its first capital raise. The company raised several million dollars in its development round, which it will use to finalize key project elements prior to commencing construction. An affiliate of New York-based DH Capital, LLC organized and led the investment.
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AccessParks, the first and only broadband provider approved as a concessionaire by the US National Park Service, and FreedomFi announced a multi-year partnership to deploy 5G networks across hundreds of sites within US national and state parks.
PCCW Global, controlled by tycoon Richard Li, is considering options including a sale of its international enterprise unit, PCCW Global, according to people familiar with the matter.
According to the PwC analysis, the market for edge data centers is expected to nearly triple by 2024 — from $4 billion in 2017 to $13.5 billion in 2024. What drives the demand for these small, local, and mission-critical data centers?
Cloud services are pervasive. From individual users binge-watching Over-The-Top (OTT) video content to enterprises deploying Software-as-a-Service (SaaS), cloud services are how people and organizations consume content and applications. For years, large, centralized data center and cloud architectures have provided access and infrastructure for these services.
The telecommunications industry is the backbone of technological growth and digital transformation. While revenues in the telecom sector declined in the first half of 2020, owing to economic impact as a result of the pandemic, GSMA reported that recovery took place in the second half of the year with increased consumers and households acquiring integrated bundle services and high-speed connectivity becoming sought after across all rungs of society.
EdgeConneX tells us that Hurricane Electric has established 13 Points-of-Presence (PoPs) across the EdgeConneX global data center footprint. These PoPs will bring essential IP data transit, data storage & processing and multi-cloud access solutions closer to latency sensitive enterprise and end-user applications – continuing the company’s commitment to bring the edge to the customer.
Artificial Intelligence (AI) is a broad branch of computer science that is focused on a machine’s capability to produce rational behavior from external inputs. The goal of AI is to create systems that can perform tasks that would otherwise require human intelligence. AI manifests itself in everyday life via virtual assistants, search prediction technology, and even ride-hailing services.
DZS continues its growth with the appointment of Erwin Trautmann as Vice President, EMEA Sales.
According to a report from financial analysts at Cowen, telecom operators such as AT&T are expected to expand their fiber footprints to over 5 million homes, bringing the total homes passed in the US to approximately 42 million within 2021.