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WHTop → 📋 News → EchoStar To Sell $17B Spectrum To SpaceX For Starlink Expansion
EchoStar To Sell $17B Spectrum To SpaceX For Starlink Expansion
📅 - EchoStar is preparing for one of the most significant spectrum transactions in recent years, announcing that it has reached a definitive agreement with SpaceX to sell its AWS-4 and H-block spectrum licenses for a package worth about $17 billion.
The deal, which is still subject to regulatory approval, will consist of up to $8.5 billion in cash and an equivalent amount in SpaceX stock, valued at the time of signing. In addition, SpaceX has agreed to fund roughly $2 billion in cash interest payments tied to EchoStar's debt through late 2027, a provision that underscores the scale and strategic nature of the agreement.
The move represents more than just a spectrum transfer. EchoStar and [...][... Check source for end of article ...]
📅 - Hitachi Invests $1B in U.S. Grid Infrastructure to Power AI Data Centers - Hitachi Energy, a subsidiary of Hitachi, has announced more than $1 billion in new U.S. manufacturing investments to expand the nation's electrical grid infrastructure and meet soaring energy demand from AI-driven data centers. The plan, revealed on September 4, includes $457 million dedicated to building a new power transformer factory in South Boston, Virginia - the largest such facility in the United States.
The broader investment will expand existing Hitachi Energy operations nationwide and create thousands of jobs, bolstering domestic supply chains for critical grid equipment.
The announcement comes as the rapid growth of AI data centers intensifies strain on power networks. [...]
📅 - ODATA Raises $1.02B Green Financing for Sustainable Data Centers - ODATA, a subsidiary of Aligned Data Centers, has secured US $1.02 billion in green financing dedicated to sustainable data center infrastructure projects across Latin America. The new capital brings ODATA's total financing to US $2.25 billion, marking the largest sustainable financing package ever issued for the region's data center sector.
The funding strengthens the company's ability to meet the surging demand for cloud and AI infrastructure while maintaining strict commitments to environmental responsibility.
📅 - Telehouse Thailand, NT Partner to Expand Submarine Cable Connectivity - Telehouse Thailand has announced a strategic partnership with National Telecom Public Company Limited (NT) to strengthen Thailand's international connectivity through submarine cable systems. The collaboration links NT's extensive cable network directly to Telehouse Bangkok, the country's flagship carrier-neutral interconnection facility, now fully operational.
The move allows Telehouse Thailand to provide domestic content providers and regional ISPs seamless access to two major international systems: the Asia Direct Cable (ADC) and the Asia America Gateway (AAG). The ADC route connects China, Hong Kong, Japan, the Philippines, Singapore, Thailand, and Vietnam, where many of the world's [...]
📅 - LifeinCloud Grows EU IaaS Footprint With LumaDock And LumaBlast - LifeinCloud is a European IaaS and managed services provider that builds, owns, and operates its infrastructure. Headquarters are in London, with production regions in London and Frankfurt plus an owned and operated data center in Bucharest. The company is organized around a clear premise: measurable performance, provable sovereignty, and support delivered by the same engineers who run the platform. On this foundation sit two focused brands. LumaDock serves developers with fast, transparent VPS. LumaBlast serves gamers and communities with next generation game server hosting. The platform includes cloud servers for general workloads. Footprint, Sovereignty, And Why The Regions [...]
📅 - NVIDIA Strikes $1.5B Deal to Lease Back 18,000 GPUs From Lambda - NVIDIA, the dominant force in AI hardware, has entered into a $1.5 billion agreement with cloud services provider Lambda that highlights the extraordinary demand for GPUs and the unconventional ways they are being sourced. According to reports, the deal will see NVIDIA lease back 18,000 of its own GPUs from Lambda over a four-year period, effectively making the chipmaker the cloud firm's largest customer.
The agreement reportedly consists of two components: a four-year lease for 10,000 GPUs valued at approximately $1.3 billion, followed by a $200 million arrangement covering an additional 8,000 processors, believed to be older or less advanced models. The hardware was originally purchased [...]
📅 - Varonis Acquires SlashNext to Expand AI-Powered Email Security Capabilities - Varonis Systems has announced the acquisition of SlashNext, an AI-native email security company known for its strong performance in detecting phishing and social engineering attacks. The deal positions Varonis to expand its footprint in the fast-growing email security market, which analysts expect to double in size from $5.2 billion in 2025 to $10.7 billion by 2032, driven largely by the increasing sophistication of AI-powered threats.
SlashNext was founded by Atif Mushtaq, who previously helped design FireEye's core malware sandbox technology. The company has built its security platform on predictive AI models that combine computer vision, natural language processing, and virtual [...]
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