Browsing: Lex van Wyk

News
Private equity player swoops on Teraco

Fast-growing independent South African data centre operator Teraco is being acquired. The deal is being led through funds from international private equity firm Permira. Teraco has quickly established itself as the top “carrier neutral” data centre operator in sub-Saharan Africa since

News
Teraco to build third data centre

Independent data centre operator Teraco has begun work on a third facility, located at Great Westerford near Newlands in Cape Town, the company said on Wednesday. The new data centre is Teraco’s second in Cape Town. It opened another facility in the city’s

News
Teraco, Absa in R200m funding deal

Vendor-neutral data centre operator Teraco Data Environments has secured a R200m medium-term funding facility from Absa’s corporate and investment banking division. Teraco CEO Lex van Wyk says the funding will allow Teraco to meet the demand created by growth of the Internet and cloud computing

In-depth
Power price hikes to hit IT hard

Eskom has asked for a 16%/year increase in electricity prices for the next five years – an effective doubling in the price over the period. This will increase costs for mobile operators and data-centre providers, with costs eventually flowing through to consumers, industry players have warned. Vox Telecom

News
Durban Internet exchange goes live

The Durban Internet Exchange (Dinx), located at data centre operator Teraco’s Riverhorse Valley facility, joins the Johannesburg Internet Exchange (Jinx) and the Cape Town Internet Exchange (Cinx) as the third dedicated exchange in SA to go live. Its backers promise better local connectivity and network redundancy

In-depth
What Wacs really means for SA consumers

Next month, the gigantic West African Cable System (Wacs) will come online, bringing around 400Gbit/s of submarine fibre capacity to SA at launch. But what does this increase in capacity mean for SA consumers and Internet service providers? Sean Nourse, executive for connectivity at Internet Solutions, says that although the effects of Wacs

News
Teraco out to beat Eskom price hikes

Independent data centre operator Teraco is expanding its facilities in Johannesburg and Cape Town and building a new centre in Durban as demand in the SA market explodes. But it’s having to focus enormous energy on increasing power efficiencies

News
Teraco raises R158m for data centre expansion

Data centre operator Teraco Data Environments has secured a further R158m in funding. The financing includes both equity and debt, with the World Bank’s International Finance Corp and the Development Bank of Southern Africa

Podcasts
TalkCentral: Episode 16 – ‘Taxed’

Episode 16 of TechCentral’s business technology podcast TalkCentral is ready for streaming or downloading. In the latest episode, your hosts Duncan McLeod and Candice Jones reflect on Cell C’s mobile broadband launch in Gauteng and the new data tariffs on offer.

News
R300m for new Teraco data centres

Data centre specialist Teraco Data Environments intends to invest nearly R300m in new data centres in the next 24 months on the back of escalating demand for cloud computing services. It is also looking to build data centres