Terremark Worldwide, Inc. (NASDAQ:TMRK), a leading provider of managed IT infrastructure services, today reported its results for the quarter ended September 30, 2008. Revenues generated during the second quarter were at the high end of previously announced guidance, with more than 91 percent of the $59.6 million in revenues recurring in nature.
Business Hosting Provider LeaseWeb has announced it is going to intensify the existing optical fiber links in its hosting network by investing in optical DWDM (Dense Wavelength, Division Multiplexing) technology. This will allow LeaseWeb to create additional capacity and redundancy in the network's backbone. The investment will cost almost $800,000.
ControlCircle, a data centre services company, has announced that it has been selected by Tradefair, the new financial investment exchange launched by the Betfair Group, to provide comprehensive datacentre services to support the business to meet aggressive timescales set to launch the exchange.
Cogent Communications Group, Inc. (NASDAQ:CCOI) has announced its third quater results with net service revenue of $54.6 million for the three months ended September 30, 2008, an increase of 16.2% over $47.0 million for the three months ended September 30, 2007
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