0
Broadband

Telecity, Interxion agree all-share merger

Wednesday 11 February 2015 | 08:44 CET | News
The European data centre operators Interxion and Telecity have agreed an all-share merger. The deal will take the form of a Telecity bid for Interxion, with the new company to remain listed in London. Interxion shareholders would receive 2.3386 new TelecityGroup shares for each Interxion share held, giving them 45 percent of the combined group. Interxion CEO David Ruberg, who led negotiations on the deal, will remain CEO for at least the first year, and Telecity's executive chairman John Huges will be chairman of the new company. In addition to an enhanced footprint of data centres, the

Thank you for visiting Telecompaper

We hope you've enjoyed your free articles. Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: Fixed
Companies: Interxion / TeleCity
Countries: Europe
::: add a comment

Add comment

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

Equinix to buy Telecity for GBP 2.35 billion

Published 29 May 2015 09:20 CET | United Kingdom
US data centre operator Equinix has reached an agreement to acquire UK-based Telecity for GBP 2.35 billion in cash and shares. ...

Digital Realty rejects rumours of bid for Telecity

Published 14 May 2015 10:04 CET | World
Digital Realty Trust has rejected press speculation that it may enter the bidding for data centre operator Telecity. Digital ...

Interxion maintains outlook as Q1 revenues rise 15%

Published 07 May 2015 16:58 CET | Europe
Data centre operator Interxion maintained its outlook for the full year after reporting another quarter of solid growth, driven ...

Retelit, Telecity team up on superfast fibre technology

Published 24 Mar 2015 08:43 CET | Italy
Italian telecoms infrastructure provider Retelit has announced an agreement with data centre operator Telecity Italia to combine ...

Interxion revenues rise 15% to EUR 90 mln in Q4

Published 04 Mar 2015 15:19 CET | Europe
Data centre operator Interxion reported fourth quarter revenues up 15 percent from the year before to EUR 89.9 million and ...

Telecity en Interxion gaan fusie aan

Published 11 Feb 2015 11:20 CET | Europe
De Europese datacenterbedrijven Interxion en Telecity zijn een fusie overeengekomen. De overeenkomst vindt plaats in de vorm van ...

Telecity meets FY outlook with organic revenue up 9.2%

Published 11 Feb 2015 09:51 CET | Europe
Data centre operator Telecity reported fourth-quarter revenues up 7.1 percent year-on-year to GBP 348.7 million. Excluding ...

Telecity takes over Stockholm data centre from 3 Scandinavia

Published 13 Nov 2014 12:34 CET | Sweden
European data centre provider TelecityGroup said that it has opened its third data centre facility in Stockholm It said it has ...

Interxion Q3 revenue, EBITDA up 11%

Published 05 Nov 2014 16:44 CET | Europe
Data centre operator Interxion reported third-quarter revenues and EBITDA both up 11 percent year-on-year, to respectively EUR ...

Telecity keeps FY outlook as 9-mths revenues lift 9.4%

Published 03 Nov 2014 10:07 CET | Europe
Data centre operator Telecity gave a trading update, saying nine-months revenues grew 9.4 percent year-on-year and that the ...

Telecity CEO Tobin to step down

Published 26 Aug 2014 09:53 CET | Europe
Data centre operator Telecity has confirmed that Michael Tobin is to step down as CEO of the company and will leave Telecity ...

Interxion raises FY capex budget

Published 06 Aug 2014 15:33 CET | Europe
Data centre operator Interxion announced revenues of EUR 83.6 million for the second quarter, up 9 percent from a year earlier. ...

Interxion buys Marseille data centre from SFR

Published 06 Aug 2014 09:06 CET | France
European cloud and colocation data centre services provider Interxion has signed an agreement to buy the SFR Netcenter data ...

Telecity grows H1 revenues 9.3%

Published 04 Aug 2014 09:03 CET | Europe
Data centre operator Telecity reported first-half revenue up 9.3 percent year-on-year to GBP 174.1 million. Adjusted EBITDA rose ...

Interxion to enable private access to multiple clouds

Published 15 Jul 2014 16:02 CET | World
European data centre operator Interxion has launched a new service, dubbed Cloud Connect, enabling private connections to ...

Telecity appoints Hageman as CFO

Published 09 Jul 2014 09:31 CET | Europe
Data centre operator Telecity appointed Eric Hageman to its board as CFO, effective from 1 September. Hageman's most recent role ...

Interxion maintains outlook as Q1 sales up 8%

Published 07 May 2014 15:44 CET | Europe
Data centre operator Interxion reported first-quarter revenue up 8 percent year-on-year to EUR 80.6 million. Adjusted EBITDA ...

Telecity reiterates FY revenue guidance at GBP 355-362 mln

Published 29 Apr 2014 10:54 CET | Europe
Data centre operator Telecity reaffirmed its full year organic currency neutral revenue growth target of 10 percent, with its ...

Interxion names connectivity strategy, marketing director

Published 03 Apr 2014 15:27 CET | World
Data centre operator Interxion announces that Jeff Smith joined the company as a new Strategy & Marketing director. Smith will be ...

Interxion Q4 net profit jumps 73%, revenues up 7%

Published 05 Mar 2014 18:19 CET | Europe
Data centre operator Interxion reported fourth-quarter revenues up 7 percent year-on-year to EUR 78.2 million. Adjusted EBITDA ...

Interxion to build data centres in Vienna and Stockholm

Published 05 Mar 2014 15:53 CET | Europe
European provider of cloud and collocation services, Interxion has announced that in response to customer demand, it will ...

Telecity raises dividend 40% after solid FY results

Published 12 Feb 2014 09:47 CET | Europe
Data centre operator Telecity announced a 40 percent increase in its final dividend to 7 pence per share, after a strong set of ...





Calendar   /   Industry Events

22 Apr Digi Q1 2019
22 Apr Telecompaper holiday
23 Apr Millicom Q1 2019
23 Apr Verizon Q1 2019
23 Apr Twitter Q1 2019
23 Apr China Unicom Q1 2019
23 Apr Snap Q1 2019
24 Apr F5 Networks fiscal Q2
24 Apr Brightcove Q1 2019
24 Apr Microsoft fiscal Q3
24 Apr Line Q1 2019
24 Apr STMicroelectronics Q1 2019
24 Apr Facebook Q1 2019
24 Apr Orange Belgium Q1 2019
24 Apr Netgear Q1 2019
24 Apr Tele2 Q1 2019
24 Apr Grameenphone Q1 2019
24 Apr AT&T Q1 2019
25 Apr Juniper Networks Q1 2019
25 Apr Comcast Q1 2019
25 Apr Amazon Q1 2019
25 Apr Nokia Q1 2019
25 Apr DNA Q1 2019
25 Apr Netia Q1 2019
25 Apr Rovio Q1 2019
25 Apr Dtac Q1 2019
25 Apr MobileIron Q1 2019
25 Apr Blockchain Expo Global
25 Apr AI Expo Global
25 Apr IoT Tech Expo Global
::: More Calendar Items