Adva Optical Networking reported that fourth-quarter 2014 revenue rose 13.8 percent year-over-year to $97.7 million, due to a rise in enterprise network and carrier infrastructure sales, particularly in the Americas and Asia Pacific regions.
FairPoint Communications is seeing a growing demand for its emerging retail data center business coming from businesses that want to implement a disaster recovery (DR) plan.
Verizon is close to reaching a deal to sell off wireline assets that are worth $10 billion to Frontier Communications, reports Reuters, citing a person familiar with the talks.
AT&T is continuing its wireline asset sale roll with plans to sell some of its data centers in a deal that could fetch $2 billion, reports Reuters, citing people close to the talks.
Lumos Networks is furthering its foothold in the Pennsylvania business and wholesale services market by opening a new Point of Presence (PoP) in Washington, Pa.
Birch Communications has tapped David Gibson to lead its product development teams and its emerging wholesale service business as its new vice president of business development.
AT&T has been awarded a six-year, $100 million contract extension from UK-based global technology provider Smiths Group, illustrating the confidence the firm has in the telco's ability to serve its global networking requirements.
Equinix has acquired Nimbo, giving the data-center provider a new set of professional-services capabilities to help enterprise customers develop and implement hybrid cloud architectures.
Zayo is continuing its ongoing buying spree to enhance its data center portfolio by reaching a deal to acquire colocation and infrastructure as a service (IaaS) provider Latisys for $675 million.
Lumos Networks has been making progress in extending its fiber network to data center locations and its recent deployment to Expedient's data center in Pittsburgh's Allegheny Center Mall (ACM) is evidence of that trend. The service provider now has 29 data centers connected to its fiber network and five in Pittsburgh alone.