Santa Clara Newswire
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Results 1 - 3 of 3 for "u:fiercetelecom.com" in Santa Clara, CA
Google Fiber is shaking up the management ranks as CEO Craig Barratt announced in a blog post that he will be leaving while the service provider plans to halt new FTTH roll outs, marking the latest setback in its network expansion effort. Barratt will continue to serve as an adviser to Alphabet CEO Larry Page, but the company did not name a replacement. Comment?
Private equity firm Silver Lake Partners is mulling a sale of Silicon Valley-based Vantage Data Centers. Citing anonymous sources, Reuters reported that Silver Lake Partners hopes to fetch over $1 billion, including debt, for Vantage data center assets. Comment?
Google Fiber may have pulled back on some FTTH deployments in certain markets and is considering broadband wireless solutions to extend services to new areas, but financial analysts say that recent news about a pending abandonment of its fiber strategy have been exaggerated. Jennifer Fritzsche, senior analyst of Wireless/Wireline services for Wells Fargo, said in a research note that Google Fiber isn't turning away from FTTH but rather is realigning its buildout process. Comment?
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