3i Infrastructure acquires Global Cloud Xchange for $512M
3i Infrastructure plc completed its acquisition of Global Cloud Xchange, which operates a vast subsea network. 3i Infrastructure invested $512 ...
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Intelsat exits bankruptcy restructuring, cutting debt from $16B to $7B
Intelsat emerged from its financial restructuring process as a private company. The Plan of Reorganization, supported by all creditor groups ...
Frontier gains regulatory approvals to exit Chapter 11
The California Public Utilities Commission unanimously voted to approve Frontier Communications' emergence from Chapter 11. Frontier said it has now received ...
Seaborn appoints Steve Orlando as CEO
Seaborn Networks appointed Steve Orlando as its new Chief Executive Officer.Orlando brings 27 years of experience across senior leadership positions ...
Global Cloud Xchange appoints Carl Grivner as CEO
Global Cloud Xchange (GCX) has appointed Carl Grivner as Chief Executive Officer. Grivner previously was the CEO of Colt Technology ...
Xtera Appoints Douglas Umbers as CEO
Xtera, a provider of subsea optical communications solutions, has announced that, following the acquisition of the company by private equity ...
Avaya’s Revenue Dips due to Lower Demand and Longer Procurement Cycles
Avaya reported total revenue of $875 million for its first fiscal quarter ended December 31, 2016, down $83 million compared ...
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