CenturyLink to enhance its data center reach in eight markets
CenturyLink (NYSE: CTL) will enhance its global data center presence in eight markets this year in response to the growing demand for cloud, colocation and managed services.
Under the new expansion strategy, the service provider will open three new data centers in North America and expand an existing five. This expansion follows its recent move to invest in expanding its network of public cloud data centers.
Offering more than 180,000 square feet of additional space, the eight new markets include: Phoenix; Weehawken, N.J.; Minneapolis; Sterling, Va.; Irvine, Calif.; Toronto; Reading, England; and Chicago.
Its data center sites in Minneapolis and Toronto will be completed this spring and summer, respectively. It also entered the Phoenix market via a partnership with IO. The remaining locations will be completed this summer and in the third quarter of 2014.
When these expansions are completed, CenturyLink said it will add a total of 20 megawatts of additional power to its total data center footprint.
Colocation and managed services continue to be a growing factor in CenturyLink's revenue mix.
In the fourth quarter of 2013, the telco reported that colocation revenues were $147 million, up 1.4 percent year-over-year from the fourth quarter of 2012, and managed hosting revenues were $142 million, representing what it said was a 14 percent increase over the same period in 2012.
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