Facebook has decided to halt its efforts to build a trans-Pacific undersea cable that would have connected California and Hong Kong, due to tensions between the United States and China.

Cloud infrastructure providers and data center operators in Europe have created the Climate Neutral Data Centre Pact.

When APTelecom was founded back in 2009, their very first piece of business was a 10Gb subsea circuit from Jakarta to Singapore. A simplistic arbitrage lease deal which created an opportunity for them to enter the submarine cable consulting market on their own terms. That deal was quickly followed by a succession of similar deals. In parallel, given that their core competency is capacity sales, both pre RFS and in-service systems, APTelecom quickly established a niche for itself in the pre-sales and post sales market for system developers and have been delivering pre-sales for clients ever since.  At one point they even had a voice business and was fairly successfully (800 overseas termination) yet eventually divested this in early 2013 to focus on the growth of data movement sales.

FiberLight completed a  recapitalization, including $325 million in financing, with clients of Guggenheim Investments, the global asset management and investment advisory division of Guggenheim Partners. With this strong backing, FiberLight will further strengthen its lit and dark fiber network solutions and service excellence, ensuring its current and potential customers benefit from diverse connectivity services that suit an evolving digital landscape.

Spectrum continues to raise rates on existing services during the Covid pandemic, breaking the backs of hardworking Americans. With many people scrambling to remain employed this Company is lining their pockets while Americans suffer.

Aligned completed a $1 billion senior secured credit facility that is the first U.S. data center sustainability-linked financing. The facility is one of the largest private debt raises in data center history, consisting of a $650 million term loan, a $100 million delayed draw term loan and a $250 million revolving credit facility. Aligned engaged TD Securities as the administrative and collateral agent; Goldman Sachs Lending Partners LLC as the syndication agent; and ING Capital LLC as the sustainability structuring agent. TD Securities, Goldman Sachs Bank USA, Citizens Bank, N.A., Deutsche Bank AG, New York Branch, and Nomura Securities International, Inc. served as joint bookrunners and joint lead arrangers for the facility.

Stratanet a wholesale telecommunications infrastructure company with a high capacity, submarine cable network throughout Asia and across the Pacific has signed a multi-year contract with NTT Ltd. to provide Japan to USA connectivity.