Telecom Operators

Altice USA, a subsidiary of French tycoon Patrick Drahi's media and telecoms empire, made a takeover bid for Canadian telecommunications group Cogeco for US$7.8 billion (Can$10.3 billion).

The new head of Canada’s biggest telecommunications firm said Huawei Technologies Co.’s equipment is “top notch” and he’d like the option of working with the Chinese company as it rolls out a next-generation 5G network.

TELUS Health announced the expansion of its Home Health Monitoring (HHM) solution to digitally monitor the recovery of lung transplant patients across Saskatchewan. Launched in partnership with the Saskatchewan Health Authority and eHealth Saskatchewan, this digital health dashboard enables a virtual healthcare team to provide medical support remotely, for patients in real-time as they recover in their own homes.

Zayo Group Holdings, Inc. has a new 100G capable wavelength route from Montreal, Quebec to Albany, New York. The new route will provide multiple terabits of long haul transport capacity between Montreal and major northeast U.S. markets and is expected to be in service by January 2020.

Equinix, Inc., the global interconnection and data center company, announced it has entered into a definitive agreement to purchase a portfolio of 13 data centers across Canada from BCE Inc. (“Bell”) for US$750 million (CA$1,041 million) in an all-cash transaction. The 13 data center sites, which represent 25 Bell data center facilities, are expected to generate approximately US$105 million (CA$150 million) annualized revenue (Q4'20E LQA), which represents a purchase multiple of approximately 15x EV / adjusted EBITDA. The acquisition is expected to close in 2H 2020, subject to customary closing conditions including regulatory approval, and it is expected to be immediately accretive to Equinix's adjusted funds from operations (AFFO) per share upon close, excluding integration costs.

Verizon’s 5G Ultra-Wideband and low-latency Mobile Edge Compute (MEC) infrastructure, combined with HERE Technologies’ highly precise mapping and advanced edge AI perception, are coming together to reimagine a future of enhanced road safety and precise localization for navigation.

Deutsche Telekom’s T-Mobile US has announced that it is financially prepared to close its planned merger with Sprint, based on its previously secured commitments for bridge financing and senior credit facility financing.

When disaster strikes, keeping first responders and other customers connected is a priority – and the specific mission of AT&T’s Network Disaster Response (NDR) team. Unwavering commitment, continuous improvement, and deploying the latest in technology solutions for restoring service fast, has been the hallmark of the program since it began in 1992.

The US Federal Communications Commission (FCC) opened the door for Verizon to use additional spectrum to aid the operator in meeting increased demand for mobile broadband across the country during the Covid-19 pandemic.

StrataNet puts great effort in putting the right team in place in order to ensure a continued growth of the company and become the Telecom Infrastructure Company of the future. That is why, for its next phase of growth, it has appointed three well-known industry veterans to the senior executive team. The new appointments strongly position StrataNet to execute on the array of opportunities the business has developed over the past 2 years in Asia and beyond.