Hibernia Networks is beefing up its IP and Ethernet services portfolio by purchasing Atrato IP Networks, a provider of IP transit and carrier services.
Hibernia Networks has been forced to stop work on its trans-Atlantic submarine cable, the Hibernia Express, over cybersecurity issues due to its work with Huawei.
In today's spotlight, FierceTelecom takes a look at a move by Hibernia Networks to stop work on a trans-Atlantic submarine cable out of concern that it could lose government business because of its work with Chinese telecom company Huawei.
Hibernia Networks announced on Monday during the PTC trade show in Hawaii that it will supply 100 Gbps of network capacity to NTT Communications in support of the Japan-based carrier's European expansion and its Global IP Network.
Hibernia Networks, a global capacity provider, on Thursday completed refinancing of $52.5 million of its debt, a move it says will enable it to pay off debt and provide incremental liquidity for growth and capital.
Hibernia Atlantic on Wednesday changed its name to Hibernia Networks, a move that reflects the fact that it has grown beyond being just a submarine cable operator to a broader network solutions provider.
As providers struggled to keep data and voice communications running during and after Superstorm Sandy, carrier-neutral colocation provider Telehouse America and submarine cable provider Hibernia Atlantic began reaching out to service providers and their customers to offer network and data center support.
Hibernia Atlantic on Thursday announced that it will begin offering its Ethernet services out of data center provider IO's New Jersey facility.
Hibernia Media, Hibernia Atlantic's video transport unit, on Tuesday announced that it acquired TeliaSonera International MediaConnect (TSIC), enhancing its media service capabilities in both Europe and the United States.
Hibernia Atlantic on Thursday added CME Group, a risk management provider for the financial industry, as a new Point of Presence (PoP) on its Global Financial Network (GFN).