14 THE INCOMPAS SHOW I OCTOBER 20 - 22, 2024 www.bekabusinessmedia.com DAY 1 DAY 2 C Spire Continues Fiber Expansion in Laurel, Miss. C Spire, a diversified telecommunications and technology services company, is investing in Laurel, Miss., to expand ultra-fast fiber connectivity. More than 1,300 residents will soon have the option for C Spire fiber, which has faster internet speeds than DSL and cable internet. Construction in two Laurel neighborhoods begins later this month and will be completed within the next three months. Construction will continue next year in six additional neighborhoods. “Expanding fiber connectivity is not just about faster internet; it’s about opening doors to educational opportunities, economic growth, and improved quality of life for residents,” said Toby DuBois, C Spire’s general manager of Home Services. “By investing in fiber infrastructure in Mississippi, we’re ensuring residents stay competitive and have the tools they need to thrive in today’s connected world.” Laurel residents can now sign up to experience C Spire’s fiber, which is faster than the national average, boasts higher bandwidths and is over 99.99% reliable. The community’s support for C Spire’s fiber expansion in Laurel reflects the shared vision for increased connectivity. “C Spire’s private investment in Laurel’s fiber infrastructure is great for our community,” said Mayor Johnny Magee. “In today’s world, fast and reliable internet isn’t just a luxury—it’s a lifeline that empowers our residents to thrive and compete in a digital age.” C Spire first launched fiber service to cities across Mississippi in 2014 and has built a thriving network spanning more than 150 communities in Mississippi, Alabama, Florida and Tennessee. C Spire is committed to expanding its fiber service to bring more Mississippi communities online and technology improvements to its home state. C Spire began offering wireless services in the Laurel area in 1990. The company now provides fiber internet services to businesses and residents, as well as a full suite of products for businesses and government entities. p Tarana recently announced the RNv – a small radio device for a home or business that wirelessly connects residents to reliable, high-speed internet from a distant tower. Tarana’s next-generation fixed wireless access (ngFWA) technology delivers fiber-class speeds with the deployment ease of wireless, even in harsh weather and non-line-of-sight (NLoS) environments. Since its commercial launch in late 2021, the unprecedented performance and capacity of G1 – the company’s novel ngFWA broadband platform – has become the gold standard in wireless broadband delivery. More than 250 service provider customers in 24 countries are deploying Tarana G1 to bring better broadband to their networks more efficiently and cost-effectively. The RNv is a new version of Tarana’s original RN, designed to balance ngFWA technology advances with improved affordability. Engineered for up to 800 Mbps aggregate speeds in unlicensed 5 GHz & 6 GHz spectrum, it offers Tarana’s signature performance at a more attainable price, effectively expanding ngFWA benefits to value-focused consumers and lower-ARPU markets. This new radio is optimal in line-ofsight (LoS) and near-line-of-sight (nLoS) environments at ranges up to 30 kilometers. The RNv is priced at $399 in volume and will ship in the first quarter of 2025. “The introduction of the RNv is the logical next step for ngFWA technology.” said Tarana CEO Basil Alwan. “Advanced silicon integration enabled us to take wireless broadband to an entirely new level; the RNv announcement underscores our intent to continue pushing the limits of ngFWA in both cost and performance. Alongside our customers – whose critical work brings reliable broadband to their communities – we’re on a mission to close the digital divide and offer improved broadband choices to consumers worldwide.” “The RNv will enable us to upgrade more end users and expand our coverage footprint much more economically,” added Sebastian Ivanisky, CTO of VTX1 Companies.” We’re very excited to scale our ngFWA deployment to serve more people with fast, reliable internet.” p Tarana Announces a New Product to Accelerate Progress on the Digital Divide DC BLOX Secures $265 Million Green Loan DC BLOX, a leading provider of interconnected data centers, announced it has raised incremental equity capital from its existing and new investors, led by Post Road Group and Bain Capital Credit. The funding will enable the deployment of over $1 billion of total capital to finance future construction and the development of powered-land banking opportunities, reinforcing DC BLOX’s market position as a hyperscaleready data center platform. DC BLOX also secured a $265 million green Senior Secured Credit Facilities loan from its joint lead arrangers First Citizens Bank, ING Capital and Nomura Securities International Inc. to develop multiple preleased hyperscale-driven edge sites and to invest in energy infrastructure for 216 MW of utility power in one of its recently contracted projects. “The financial support from our partners demonstrates confidence in our ability to satisfy the rapidly growing digital infrastructure needs of our customers,” said Jeff Uphues, CEO of DC BLOX. “From our edge market data centers, Myrtle Beach, S.C., cable landing station, regional fiber network and multiple 150MW+ hyperscale campuses, DC BLOX is building the digital infrastructure needed to drive future economic growth across the Southeast.” “The debt infusion and incremental equity commitment have positioned the company to achieve its ambitious development goals,” added Melih Ileri, senior vice president of Capital Markets and Strategy at DC BLOX. “We are grateful for the support from our partners at First Citizens Bank and ING, and Nomura’s creativity and speed of execution was greatly appreciated by the company.” As part of the transaction Bain Capital Credit and Post Road Group will convert their existing debt positions to equity in DC BLOX, as a testament to their conviction in the company’s growth trajectory. p For more information, visit www.dcblox.com.
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