Q3 2024 Colo earnings: Equinix, Digital Realty, American Tower, Iron Mountain
Colo providers enjoying the good times
Colo providers enjoying the good times
Company demands sales and use tax rebates totaling $9 million
Investment firm to hold 85 percent of $250 million project
Digital’s revenues drop again, IM and AT see growth
Deployment consists of 32 Oxide compute sleds
Claims county "overreached" its authority over Reston data center
Revenue slightly down for DRT, Equinix sees good quarter for xScale division
American Tower will add IBM Hybrid Cloud capabilities and Red Hat OpenShift to Access Edge Data Center ecosystem
Two buildings to offer 33MW, new Denver campus to eventually span 60MW
AI comes up for all the colo players
Growth from Q1 largely flat across the board
SV9 to offer 34MW across 240,000 sq ft from 2024
Good times continue despite cloud slowdowns for everyone except Cyxtera
Colo firms all post stable revenues, suggest confidence in year ahead
Company acquires 242,000 sq ft Bullocks Building at 800 S Hope Street
Colo companies still posting healthy results despite headwinds
Takes investment firm's stake to more than $3bn and more than 35 percent of the data center unit
American Tower subsidiary acquires former Baptist Health facility in Doral
American Tower spots 1,000 potential Edge sites in its portfolio
Investment firm takes 29 percent stake in CoreSite biz
CoreSite's new owners transfers one facility in Orland and two in Atlanta, including 55 Marietta
Good times continue for colo providers
CFO Rodney Smith says company is focusing on Edge and on-ramps
Santa Clara’s Planning Commission previously criticized the project and the number of data centers in the city
Both companies being taken over in multi-billion dollar deals
Both data center REITs could follow QTS and go private
Following CyusOne, another colo REIT is potentially up for sale
Digital Realty and CyrusOne see some growth in Q3, CoreSite however sees declines compared to Q2