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DataBank Announces Strategic Investments in EdgePresence

DataBank, a leading provider of enterprise-class colocation, connectivity, and managed services, today announced that it has made a $30M strategic investment in EdgePresence, an owner and operator of multi-tenant, modular data centers, providing space, power, bandwidth, and interconnection across key U.S. markets. EdgePresence has partnered with fellow Digital Colony portfolio company Vertical Bridge, the largest private owner and …

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Towers: More Tailwinds Than Headwinds, and a Few Wrinkles

Jennifer Fritzsche, a senior analyst with Wells Fargo Securities who moderated a panel session, “Towers: Coping in a Time of Turmoil,” during last week’s AGL Virtual Summit, noted that although this is a tumultuous time, “the tower industry is experiencing more tailwinds than headwinds.” She asked her panelists, Alex Gellman, CEO of Vertical Bridge, and …

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FCC’s ‘Big News’ Around Tower Co-Location Provides Network Predictability, Cost Savings

While moderating a panel at this year’s Connect(X) virtual conference event, WIA President and CEO Jonathan Adelstein remarked that in a world consumed with 5G, it’s important to remember that towers are just as important to 5G’s future as “anything else.” Specifically, the five panelists discussed what Adelstein called the FCC’s “big news” about a vote …

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