Name: Backbone Network Services Market News
Creator: Coherent Market Insights
License: https://www.coherentmarketinsights.com/privacy-policy

Backbone Network Services Market, By Network Type, By Network Topology, By Service Type, By End-Use Industry, By Data Speed and Capacity, By Network Provider, By geography (North America, Latin America, Europe, Asia Pacific, Middle East & Africa)

Published In : Aug 2023

Code : CMI6133

Pages :160

Formats :

Excel and PDF

Industry : Information and Communication Technology

Market News

Recent Developments

New product launches

In March 2023, Colt Technology Services announced the launch of its new Global Backbone Network. The new network is designed to provide high-speed, reliable connectivity between key financial centers around the world.
In April 2023, Equinix announced the launch of its new Cloud Exchange Fabric. The Cloud Exchange Fabric is a network that connects Equinix's data centers to major cloud providers, such as Amazon Web Services, Microsoft Azure, and Google Cloud Platform.
In May 2023, Telia Carrier announced the launch of its new Global Connect Network. The Global Connect Network is a network that connects Telia Carrier's data centers to major content delivery networks (CDNs), such as Akamai and Limelight.

Acquisition and partnerships

In 2021, Verizon acquired TracFone Wireless, a prepaid wireless carrier. This acquisition gave Verizon access to TracFone's nationwide network of cell towers, which it can use to improve its own backbone network.
In 2022, Level 3 Communications acquired CenturyLink. This acquisition created a new telecommunications giant with a vast network of fiber optic cables.
In 2023, Google Cloud Platform partnered with Equinix to create a new global network. This network will connect Google Cloud Platform's data centers to Equinix's data centers around the world.