Cincinnati Bell expands CyrusOne's data center presence into the UK

CyrusOne, the data center provider subsidiary of Cincinnati Bell (NYSE: CBB), will be establishing its first European location in London, UK this spring.

With this latest expansion, CyrusOne will add a new 10,000 square foot facility for existing customers in addition to the first right of refusal for another 10,000 feet. After acquiring CyrusOne last May, Cincinnati Bell through its (CBTS) division and Cyrus One, currently operates and owns 19 data centers throughout the United States and Europe.

David Ferdman, CyrusOne CEO, said the expansion into the UK "is in direct response to our customers' growing demand and evolving requirements for colocation space, as well as some very attractive, growing market segments in Europe."

Data center and managed services continues to become a larger focus for Cincinnati Bell as its traditional landline voice service revenue continues to decline. Expanding their data center presence into London will make CyrusOne and Cincinnati Bell a more attractive choice for existing and possibly new multinational corporation MNC customers looking to expand into Europe with a domestic partner.   

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Related articles:
Cincinnati Bell posts $19 million net loss in Q4, but revenue climbs 5%
Cincinnati Bell enhances its data center power by acquiring CyrusOne
Cincinnati Bell sees data centers, FTTX as its growth engines
Cincinnati Bell lights up Cincinnati community square with fiber

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