Apple announced it will invest $1 billion in a new campus in Austin, TX. In a statement, Apple CEO Tim Cook said that, "Apple is proud to bring new investment, jobs and opportunity to cities across the United States and to significantly deepen our quarter-century partnership with the city and people of Austin." Texas Governor Greg Abbott also commented on the investment, saying it is a "testament to the high-quality workforce and unmatched economic environment that Texas offers." Apple plans to invest $10 billion in U.S. data centers over the next five years, and the company said "preparations are underway" for its newest data center in Waukee, Iowa.
Cramer’s lightning round: ‘I’m not going to fight you if you like Nio’
CNBC’s "Mad Money" host Jim Cramer responded to calls during the show’s lightning round, recommending investors buy shares of Crown Castle. "People are upset that this thing hasn’t just soared higher. I say, give it a little time. C’mon, these stocks have been great for...
What’s Needed to Deliver the Nationwide Quantum Internet Blueprint
The Department of Energy is leading the nation’s plans for quantum internet following the U.S. Quantum Initiative passed in 2019. Crown Castle infrastructure has been utilized on Long Island (NY) as a test case to establish a quantum network. This established quantum network...
10 hot micro-data-center startups to watch
Vapor IO was listed as one of the 10 hot micro-data-center startups to watch. The article noted that it has raised three rounds of funding, with the most recent being a Series C that closed in September 2019. Vapor IO has already touted partnerships, including with cell-tower oper...
Vapor IO, Crown Castle Bring Amazon Web Services to the Kinetic Edge
Last week, Crown Castle and Vapor IO announced they teamed up to create a service that interconnects Vapor IO’s Kinetic Edge with Amazon Web Services (AWS) through Crown Castle’s high-speed Cloud Connect. Crown Castle’s offering of Cloud Connect capabilities to t...
How will Dish’s new 5G network build impact towers?
In light of Dish’s commitment to enter the wireless market as a new facilities-based fourth national carrier, its planned 5G network "is a positive for tower companies…" MoffettNathanson Senior Analyst Craig Moffett said that Crown Castle "could see an incremental ben...
5G May Drive Carriers to Share Networks – Like It or Not
Light Reading report that, as the global wireless industry enters the first stages of commercial 5G, US operators will increasingly move toward a shared deployment model. "Such sharing will likely extend into the small cell arena, given that companies like Crown Castle are betting...