IT SYSTEMS MANAGEMENT
BAI Communications | August 01, 2022
BAI Communications (BAI), a global shared communications infrastructure provider, has agreed to acquire ZenFi Networks, an East coast based provider of digital infrastructure solutions and innovator in small cell deployment, offload & roaming services, fibre connectivity and network edge colocation. This agreement represents a significant growth opportunity for BAI in North America, building upon its existing connected infrastructure capability and operations in the region driven by BAI Group companies Mobilitie and Transit Wireless. It further progresses the company's vision to become a leading provider of connected 5G infrastructure across North America, and globally. The transaction is subject to customary regulatory clearances and is expected to close in the fourth quarter of this year.
The deal expands the technical and service offering that BAI will be able to provide to network operators, enterprises, and public municipalities with more specialised scalable solutions. With significant fibre connectivity assets, wireless infrastructure solutions including small cells, and network colocation facilities across the New York and New Jersey metro areas, ZenFi Networks' infrastructure is a natural extension of the connectivity solutions that Transit Wireless provides across the New York City subway. The combination of the two offerings, alongside Mobilitie's 5G outdoor and indoor wireless infrastructure solutions, complements and strengthens BAI's capability to deliver against its wider 5G growth strategy and become a scale provider across New York and New Jersey, as well as North America.
With a firmly established and proven leadership team, led by Co-Founder and CEO, Ray LaChance, ZenFi Networks brings with it a host of long-established customer relationships, including the rights to provide mobile infrastructure solutions across 4,000 LinkNYC kiosk structures across the City. The acquisition will also bring over 1,100 route miles of fibre network across the New York and New Jersey metro region, as well as unique C-RAN solutions and a number of existing customer contracts with enterprise and mobile network operators.
"ZenFi Networks is a long established and high performing player in the wireless infrastructure sector. As an exciting business with longstanding customer relationships and a reputation for driving innovation, bringing it into the BAI Group is an important step forward in our ongoing push for growth in North America and globally. In the short-term, it enhances our regional operations in the Northeast, further extending the reach of current solutions and expertise we have and building on our vision to assist our customers in delivering an enhanced experience at all points of their customers' journey, from subway to above ground and from work to home. This also positions us perfectly to support the increasing appetite for connectivity among businesses across North America."
Igor Leprince, Group CEO of BAI Communications
Commenting on the agreement, Ray LaChance, Co-Founder and CEO of ZenFi Networks, said: "We are very excited about this acquisition and joining the BAI Group. The natural alignment between our business and BAI's North American operations unlocks a range of opportunities to extend the services and support that we are providing our customers, positioning the business to increase its scale and leadership in connected infrastructure delivery. Our team is excited to join the BAI Group, and we feel strongly that this investment will strengthen our ability to deliver innovative infrastructure solutions for our clients in a sustainable, equitable manner to our communities. BAI's heritage, proven track record for delivery and prioritisation of customer service, and experience in municipal partnerships and community engagement make for a natural cultural fit with our business and client relationships. Combining ZenFi Networks' established reputation and relationships in and around New York City, and our expertise in fast-growth segments like small cell deployment with the scale and reach that BAI has across North America and globally, creates the perfect platform to capture the increasing 5G and connected infrastructure growth opportunity."
Mr Leprince further emphasised the combined potential of the two businesses and the opportunity that lay ahead, adding: "The alignment that exists between the operations and outlook of ZenFi Networks and BAI in the broader New York area presents an opportunity that is greater than the sum of its parts. With an operational footprint that is perfectly aligned to our own, and enhanced IoT capabilities, this acquisition is an obvious next step for extending our reach in the region and is an exciting development for us in the North American market as we look to bring enterprises, municipalities, and mobile network operators a broader range of services and depth of expertise."
Canada Pension Plan Investment Board (CPP Investments), BAI's majority shareholder, provided its congratulations and support of this agreement. Max Biagosch, Senior Managing Director at CPP Investments and BAI Board Member said: "This acquisition represents a major strategic opportunity for BAI Group, and further extends our exposure to the digital infrastructure space. CPP Investments recognises the critical importance of high quality connectivity in an increasingly digital world and is focused on delivering the underlying infrastructure to make this a reality through BAI. The combination of rapidly growing social appetite and demand for connectivity, and the leadership position BAI has established, creates a strong foundation for CPP Investments to continue to generate long-term and sustainable returns for our members by supporting the growth of the BAI platform."
Ben Hawkins, Head, Infrastructure, Renewables & Sustainable Investing, at Alberta Investment Management Corporation (AIMCo), a minority shareholder in BAI Communications, said: "As a long-term investor, we are keenly supportive of opportunities that strengthen the market position of holdings within our clients' portfolios, as is the case with BAI and its successful acquisition of ZenFi Networks, further enhancing the Group's presence in the United States. We are very excited about opportunities to be realised from the integrated US platform of BAI following this transaction."
About BAI Communications
BAI Communications is a world leader in shared communications infrastructure, pioneering solutions that empower our customers to advance their services, accelerate their networks and amplify their reach in the most efficient and cost-effective ways possible. Having long been at the forefront of network advancement, BAI is harnessing fibre, spearheading the transition from 4G/LTE, accelerating 5G and preparing for 6G – and beyond. We collaborate closely with our customers in telecommunications, government, transit, enterprise, broadcasting, and venues to realise their communications vision, focusing not just on the immediate future, but on the possibilities that exist over long-term partnerships. Our global operations span Australia, Canada, Hong Kong, the United Kingdom, Ireland, Italy, and the United States. Our BAI Group companies include Mobilitie, Signal Point and Transit Wireless in the United States, and Vilicom in the United Kingdom and Ireland.
IT SYSTEMS MANAGEMENT
Huawei | July 25, 2022
During the Huawei Intelligent Finance Summit 2022, Huawei proposed the Multi-domain collaborative, Efficient, Green, and Autonomous (MEGA) financial digital infrastructure, and unveiled solutions empowering digital transformation of financial industry.
Riding on the megatrends of fully connected, fully intelligent, and all scenarios finance, digital innovation is the key competitiveness for business growth, operational resilience, and sustainability, which has also become the crucial engine of the global digital economy. The ultimate user digital experience and business innovations are accelerating digital transformation of the financial industry.
"For digital and intelligent transformation of finance, Huawei will work with partners to embrace challenges ahead, and help the financial sector build MEGA digital infrastructure."
Dr. Margaret Hu, President of Marketing and Solution Sales, Global Digital Finance, Huawei.
MEGA represents multi-domain collaborative, efficient, green, and autonomous. Huawei believes these directions of MEGA is important for financial digital infrastructure evolution in the new era. To build MEGA digital infrastructure, the computing power, storage, and connectivity will be reshaped to empower financial institutions achieve high-efficiency, high-availability, and high-performance services through in-depth Cloudification Collaboration, Cross domain Collaboration and Heterogeneous Collaboration.
Nicholas Ma, President of the Enterprise Business Group, Huawei Asia Pacific Region, Huawei, said: "To build the green, digital and intelligent finance, we can move faster together only with healthy and sustainable ecosystem collaboration. We plan to enhance the ecosystem collaboration with global partners to match the digital demands from financial industry based on our fundamental research capability, innovative solutions, technology platform and Huawei Cloud."
Driving digital transformation with innovation, Huawei Unveil MEGA Infrastructure Solutions
Based on Huawei's leading innovative technologies and capabilities, Huawei works with partners to develop innovative digital infrastructure solutions.
Industry's first Storage-Optical Connection Coordination (SOCC): The combination of millisecond-level optical transmission link fault detection and fast storage switchover algorithm reduces the I/O link switchover from 120 seconds to 2 seconds when a transmission line is faulty, ensuring zero transaction failures and 24/7 online service for financial customers.
Multi-Domain Controller (MDC): Financial customers' public clouds, private clouds, and traditional data centers are isolated from each other, which makes it difficult for multiple departments to collaborate on network O&M. The MDC solution implements network-wide simulation verification and one-click configuration delivery, reducing the network change efficiency from days to minutes.
Converged Storage Pool: To meet customers' multi-environment requirements, all data from physical machines, VMs, containers, or public clouds, can be stored in one data resource pool and centrally managed using Huawei Data management engine (DME). This solution consolidates the data resources, improving the overall resource utilization from 40% to 70%, and lowering the TCO by 30%.
Guaranteed Data Protection: In antivirus and anti-ransomware scenarios, the firewall, all-flash production, and all-flash backup are combined to achieve integrated protection ranging from virus detection, prevention, and isolation to data recovery. The virus detection rate is increased from 99.5% to 99.9%, and the backup and recovery time is shortened by five times. This solution effectively prevents virus attacks such as ransomware and ensures financial service security.
Huawei works with Netis to jointly develop a service-level intelligent O&M solution for the financial industry, to address a series of IT O&M challenges.by this solution O&M of services, applications, clouds, data centers, networks, and devices can be visualized from end to end, covering all links.
Huawei & Tongdun jointly developed Intelligent Risk Decision: Combining Tongdun's industry-leading decision-making engine, model management capabilities, and with Huawei Cloud, leading data & AI technologies, such as Hetu, DGC, Lakehouse, and GES. This solution helps financial customers improve decision-making efficiency by over 70% in scenarios such as anti-fraud and credit rating. The average response time in large-scale concurrency scenarios can reach less than 50 ms. In addition, hundreds of typical rules and models are built in, facilitating quick deployment and meeting service challenges.
StratCap | July 12, 2022
StratCap is proud to announce that its wireless infrastructure and data center divisions (StratCap Wireless and StratCap Data Centers respectively) have completed the acquisition of approximately $151 million of essential digital infrastructure assets since the beginning of 2022.
The acquisitions include eighteen cell towers that were purchased for approximately $30.3 million and are located in California, Oklahoma, Kansas, Georgia, Florida, Tennessee, and Connecticut. In addition, the company closed on four data centers that were acquired for an aggregate purchase price of approximately $120.9 million.
The cell towers and other related assets are geographically diverse and tenants are highlighted by the major wireless carriers which include Verizon, AT&T and T-Mobile among others. While each tower includes at least one top-tier broadband tenant, there is still capacity throughout most of the towers to accommodate additional tenants, thus creating attractive lease-up opportunities. Todd Rowley, CEO of StratCap Wireless stated, “We are excited to continue expanding our portfolio of digital infrastructure assets that serve as critical pieces for our broadband carrier partners and other tenants.”
The data center assets are located in the Jacksonville, Cleveland, Denver, and Atlanta metropolitan areas. Three of the properties are fully leased with in-place cash flows while one of the assets is partially leased and was specifically acquired for its value-add enhancement opportunity. Management has stated that the assets are in “NFL cities” with growing demand for data center space and serve as mission critical infrastructure for the existing tenants which include a major financial services firm, a global bank, a national retail colocation provider and a major wireless carrier. “These latest acquisitions provide us with what we believe are long-term, predictable rental revenues from high quality tenants while at the same time creating attractive value-add opportunities for our overall portfolio.”
Bryan Marsh, CEO of StratCap Data Centers
Pat Miller, Managing Partner of StratCap, added, “We think digital infrastructure is one of the most compelling and resilient real estate sectors in the market right now. We continue to expand our footprint in the space, and we believe the sector has a long growth runway ahead.”
StratCap is a privately held, global alternative investment management platform committed to providing access to dynamic asset classes and highly experienced investment professionals in order to provide clients with attractive risk-adjusted returns. The company is focused on a wide range of digital economy investments with an emphasis on digital infrastructure, sustainability, and technology-centric sectors.