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News - Finance & Investment

GDS begins pre-leasing its Shenzhen data centre

10.05.2013

GDS, the leading provider of Chinese data centre services, operating 15 data centres in 6 major economic hubs, has announced that it has begun taking orders for its Shenzhen data centre, which is scheduled to enter service later this year....

BT reports rise in annual profits

10.05.2013

BT has reported a rise in full-year profits and says it created 3,000 jobs in the UK in the past year. The telecoms firm said pre-tax profits rose 2% to £2.5bn for the year to 31 March, but revenues fell 5% to £18bn.

The...

Ghana says no extra funds for GH¢34m national data centre project

10.05.2013

Dr Edward Omane Boamah, Minister of Communication, has said the Ghana Government would not pay additional money to Top International Engineering Limited, apart from the amount that was agreed on in a contract signed for the construction of the National data...

euNetworks reports first quarter 2013 results

10.05.2013

euNetworks Group has announced results for the three months ended 31 March 2013. The Group reported another strong quarter, with significant improvement in gross margin, Adjusted EBITDA1 and proxy cash flow. Recurring revenue improved 8% year over year, to €24.8m in 1Q 2013. Adjusted EBITDA was...

Zen Internet will soon be bringing lower priced Fibre Optic Broadband

10.05.2013

Zen Internet, one of the UK’s leading Internet Service Providers, continues to invest in major developments of its next generation network and will soon be bringing lower priced Fibre Optic Broadband services to its customers. To deliver these lower priced Fibre Optic Broadband services Zen is...

Carrier Ethernet market to touch US$32 billion in 2014

10.05.2013

Infonetics Research forecasts carrier Ethernet equipment revenue to grow to over US$32 billion in 2014. Michael Howard, Infonetics Research’s principal analyst for carrier and data centre networks, said: “Service provider investment in carrier Ethernet is growing faster than overall telecom...

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