GI Partners Closes Oversubscribed Inaugural Data Infrastructure Fund At $1.8 Billion in Commitments

prnewswire | September 08, 2020

GI Partners, a leading private investment firm, today announced the final closing of its inaugural Data Infrastructure Fund, which totaled $1.8 billion in commitments from a broad group of investors.  The fund was oversubscribed and surpassed its initial target of $1.25 billion. The GI Data Infrastructure Fund continues the firm's 20-year history of control-oriented investing in hard asset infrastructure companies and properties underpinning the digital economy.  The Fund will invest across four data infrastructure subsectors data centers, data transport, wireless access, and tech-enabled infrastructure, primarily in North America.  The team, which works closely with the firm's private equity and real estate teams and leverages the firm's broad resources, is led by Steve Smith, who was previously CEO of Equinix (the world's largest data center company), and Mark Prybutok, an experienced data infrastructure investor.

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APPLICATION INFRASTRUCTURE

The Global Telecoms Supply Chain is Strangling Geopolitics

prnewswire | January 12, 2021

Prohibiting Chinese sellers from Western nations' 5G arrangements on the grounds of supposed gear security concerns will detrimentally affect 5G rollouts and innovation advancement for the years to come. As per new examination by worldwide tech warning firm ABI Research, barring Huawei from arrangements will postpone the 5G rollout by quite a while and trouble network administrators with extra expenses of a few billion dollars to supplant existing framework. "Our research shows that banning Huawei and ZTE from 5G deployments and restricting their access to silicon and semiconductor supply chains will have severe implications on economic performances. Furthermore, banning these Chinese vendors will hamper 5G and 6G R&D," says Leo Gergs, Research Analyst for 5G Markets at ABI Research. First and foremost, restricting vendors from 5G deployments poses consequential economic implications for network operators. Gergs explains, "Banning Huawei and ZTE not only imposes additional costs for operators having to replace Huawei equipment from existing network deployments but also restricts the vendor landscape, reducing the degree of competition within the market. This imperfect competition inevitably decreases downward pricing pressure, forcing network operators to pay higher costs for network equipment than if they were under perfect competition conditions." Most importantly, confining merchants from 5G organizations presents noteworthy monetary ramifications for network administrators. Gergs clarifies, "Prohibiting Huawei and ZTE not just forces extra expenses for administrators supplanting Huawei gear from existing organization arrangements yet in addition confines the seller scene, diminishing the level of rivalry inside the market. This blemished rivalry unavoidably diminishes descending estimating pressure, driving organization administrators to pay greater expenses for network hardware than if they were under wonderful rivalry conditions." On top of financial impacts, a Huawei boycott will likewise have serious ramifications on 5G normalization. Huawei and other Chinese telco organizations are among the top givers for 5G related patent revelations to the third Generation Partnership Project (3GPP). "Taking Huawei from the chance to adapt this R&D venture will make Huawei reevaluate and decline their endeavors. Accordingly, rollout and advancement of 5G will endure on a public level as well as universally," clarifies Gergs. "Regulators need to be very careful and avoid taking a politically motivated decision on economic and technology matters," warns Gergs. "To ensure that 5G can unveil its true transformative effect to the world, regulators and political bodies need to prevent the 5G rollout from becoming a bargaining chip for geopolitical interests." At the heart of this, regulators and politicians need to fully understand what's at stake by banning these vendors. "If certain network equipment was found to be insecure from a technology point of view, a healthy and unrestricted economic market would naturally move away from these infrastructure components. This would happen without the political intervention, which is harmful to the economy and will jeopardize the immense value that 5G and future generations of cellular connectivity will bring to societies around the globe," Gergs concludes. These discoveries are from ABI Research's Impact of Huawei Restrictions on 5G Markets application investigation report. This report is important for the organization's 5G Markets research administration, which incorporates examination, information, and expert experiences. In view of broad essential meetings, Application Analysis reports present inside and out examination on key market patterns and factors for a particular innovation. About ABI Research ABI Research provides strategic guidance to visionaries, delivering actionable intelligence on the transformative technologies that are dramatically reshaping industries, economies, and workforces across the world. ABI Research's global team of analysts publish groundbreaking studies often years ahead of other technology advisory firms, empowering our clients to stay ahead of their markets and their competitors.

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Cellcom Israel Ltd. Limited. Announces Appointment Of VP Business Development And CEO Of Golan Telecom

prnewswire | October 12, 2020

Cellcom Israel Ltd.announced today the appointment of Mr. Ilan Sigal as the Company's VP business development and as CEO of Golan Telecom (a wholly owned subsidiary of the Company) effective February 1, 2021. Cellcom Israel Ltd., established in 1994, is a leading Israeli communications group, providing a wide range of communications services. Cellcom Israel is the largest Israeli cellular provider, providing its approximately 2.734 million cellular subscribers (as at June 30, 2020) with a broad range of services including cellular telephony, roaming services for tourists in Israel and for its subscribers abroad, text and multimedia messaging, advanced cellular content and data services and other value-added services in the areas of music, video, mobile office etc., based on Cellcom Israel's technologically advanced infrastructure.

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IT SYSTEMS MANAGEMENT

As Infrastructure Improves, 5G Expansion will Sustain Fiber Optic Cable Demand Throughout the 2020s

Freedonia Group | July 15, 2021

According to a recent Freedonia Group analysis, demand for fiber optic cable will rise 3.0% per year to $3.6 billion in 2025, with investment in infrastructure to enable the rollout of 5G networks being one of the main growth drivers. In addition, continuous increases in data traffic in residential and commercial settings and increasing penetration of last-mile fiber will also contribute to progress. 5G Rollout Expands Across the US The commercial deployment of 5G in the United States started in mid-2019 and will be substantially expanded in 2020. By the end of 2020, about 75% of the US population was living in areas with at least some 5G coverage, and this number is expected to exceed 80% by 2021. However, 5G networks are still undeveloped, and it is estimated that only around 10% of mobile devices in the United States will be 5G enabled by mid-2021. Thus, significantly more investment will be required before 5G networks can operate at an acceptable level for rollout. Impact on Fiber Optic Cable Industry Densification initiatives, in which many small cell nodes are built and linked to larger networks, will be the primary driver of fiber optic cable demand in 5G networks. In densely populated regions, it is expected that 5G networks will eventually include dozens, if not hundreds, of cells per square mile, all of which will need the use of fiber optic cable. While the 5G deployment is anticipated to be a significant continuing source of fiber optic cable sales in the future, it is not expected to generate especially fast short-term growth: Small cell network construction is a costly, labor-intensive operation that is unlikely to be completed in a short period of time. Instead, these networks' construction and improvement will continue throughout the 2020s. Furthermore, the maturity of the traditional telecommunications backbone sector will somewhat offset 5G-related gains. About the Freedonia Group The Freedonia Group, a subsidiary of MarketResearch.com, is the leading worldwide industrial research company, offering product analyses, market forecasts, industry trends, and market share data to our clients. From one-person consulting firms to global conglomerates, our analysts offer impartial, reliable industry market research and analysis to assist organizations in making business-critical choices. We assist over 90% of the industrial Fortune 500 companies, with over 100 studies published each year.

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