T-Mobile US MVNO Solavei, which is seeking to emerge from bankruptcy protection in the next few weeks, plans to expand to Mexico and other Latin American markets later this year, according to CEO Ryan Wuerch. The company also plans to launch new offerings on its Solavei Marketplace program by the end of June.
Six months after T-Mobile US MVNO Solavei announced it was going to launch into a new phase of its development, the company said it filed a bankruptcy reorganization plan to merge with ASPIDER, a Netherlands-based Infrastructure as a Service provider that works with mobile operators. Terms of the deal remain confidential.
Zayo reported that its revenue rose 4 percent sequentially to $323.9 million in its second fiscal quarter. The news comes as the company plots for potential future growth via its recent acquisitions of IdeaTek and Latisys.
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.
Equinix has taken another step toward providing more cloud services to enterprises through its growing network of data centers by adding CloudSigma, an Infrastructure-as-a-Service (IaaS) provider, to its Cloud Exchange.
While Amazon Web Services (AWS) may be the top cloud provider, it appears that its grip on the market is slipping while rivals Microsoft and IBM are driving new growth, according to Synergy Research Group.
Cisco and Dimension Data announced that they are expanding their long-standing relationship with a focus on driving businesses' movement to a hybrid cloud environment.
Amazon, Salesforce and IBM have become the three companies to beat in the growing infrastructure as a service (IaaS) and platform as a service (PaaS) segments of the cloud market, according to Synergy Research's fourth-quater 2013 report.
Internap, an IT and managed service provider, is enhancing its SMB Infrastructure as a Service capabilities by acquiring cloud provider iWeb for about $145 million.
The optical WDM (wavelength division multiplexing) equipment market segment saw its third consecutive quarter of growth, Infonetics Research said, recording $2.6 billion in sales for Q1 2013 and up 10 percent year-over-year.