Apr 15, 2024 | Posted by Abdul-Rahman Oladimeji | Lumen Technologies
Lumen Technologies has secured a contract worth about $73.6 million from the US Government Accountability Office (GAO) under the General Services Administration's Enterprise Infrastructure Solutions (EIS) program. This multi-million dollar contract will see Lumen modernize network, data, voice...
Nov 10, 2023 | Posted by Abdul-Rahman Oladimeji | Lumen Technologies
The US Defense Information Systems Agency has awarded Lumen Technologies a $110 million contract to provide mission-critical network services to the US Department of Defense (DoD). This contract has a timeline of five years, from November 30, 2023, through September 30, 2028. This contract is...
Oct 16, 2023 | Posted by Abdul-Rahman Oladimeji | Lumen Technologies
Lumen announced that it’s Content Delivery Network (CDN) business will be shut down and it has sold its customer contracts to Akamai. Both companies will undergo a transition services agreement for 90 days before Lumen completes its shut down. "We are deep into our transformation of Lumen and ...
Aug 03, 2023 | Posted by Abdul-Rahman Oladimeji | Lumen Technologies
In the second quarter, Lumen Technologies reported a loss of $8.74 billion, a significant decrease from the $344 million profit in the same quarter last year. The company, formerly CenturyLink Enterprise, has lost more than 66 percent of its value this year, reducing its market capitalization ...
May 05, 2023 | Posted by MadalineDunn | London: Slough
After breaking ground on its new Slough-based campus in January, KKR-funded Global Technical Realty (GTR) has announced that it plans to launch the site before summer 2023. The $1 billion campus, GB One, comprises three independent facilities, each providing 5373 sqm of net technical space and...
Nov 07, 2022 | Posted by Abdul-Rahman Oladimeji | Lumen Technologies
Lumen has announced that it will sell its Europe, Middle East, and Africa (EMEA) operations to Colt in a $1.8 billion deal. The deal will see Lumen divest its EMEA business, including its data centers, terrestrial and subsea networks, and network equipment in the EMEA region, to Colt. The deal...
Nov 04, 2022 | Posted by Abdul-Rahman Oladimeji | London: Slough
Slough Council has agreed to turn a former paint factory zoned for residential development into a data center. The Council decided to sell the site to an unnamed data center developer. Per council documents, the Slough Council acquired the site in February 2021 from Panattoni for £38.5 million...
Aug 23, 2022 | Posted by Abdul-Rahman Oladimeji | London: Slough
A 73MW data center campus is being planned outside Slough, UK. Developers plan to demolish many office buildings that are not commercially viable to develop the facility. Kennedy Wilson’s affiliate Kwere II filed with the South Buckinghamshire council to develop the data center campus at Frame...
Aug 09, 2022 | Posted by MadalineDunn | London: Slough
Segro has announced that it has applied to build a new data center park, near Slough, UK. Details outline that the park will span 65,000 sqm (700,000 sq ft) and be located within the Thorney Business Park in Iver. According to the planning statement, the proposed building (DC1) is also accompa...
Jan 21, 2022 | Posted by Abdul-Rahman Oladimeji | Lumen Technologies
Lumen Technologies has won a $1.2 billion contract from the US Department of Agriculture. Lumen is to deliver a fully integrated wide-area data transport service to over 9,500 US Department of Agriculture locations across the country and around the world. With this contract, Lumen will offer a...
Sep 17, 2021 | Posted by Abdul-Rahman Oladimeji | London: Slough
According to multiple reports, Real estate firm AEW is close to selling a 1 million square feet (92,000 square meters) office park to an unidentified data center firm. AEW will be selling the Bath Road Central office campus for a fee of around £420 million ($579.5m). The real estate firm fi...
Sep 07, 2021 | Posted by Abdul-Rahman Oladimeji | Lumen Technologies
Lumen Technologies, formerly known as CenturyLink, has agreed to pay $275,000 to resolve a Civil Contempt Claim by the Department of Justice for its acquisition of Level 3 Communications Inc in 2016. The Justice Department accused Lumen (formerly CenturyLink) of violating the terms designed...
Aug 06, 2021 | Posted by Abdul-Rahman Oladimeji | Lumen Technologies
Lumen Technologies has announced that it is selling its current local exchange carrier (ILEC) business in 20 states for $7.5 billion. The firm will be selling the business to Apollo Funds. Lumen Technologies currently operates the ILEC business under the CenturyLink name, and the business incl...
Jul 28, 2021 | Posted by Abdul-Rahman Oladimeji | Lumen Technologies
Lumen Technologies has announced the sale of its entire Latin American business to Stonepeak Infrastructure Partners. The sale is said to be worth $2.7 billion. Australia’s largest pension fund, AustralianSuper, is also investing funds in the deal with Stonepeak. The current leadership team...