Saturday, January 23, 2021
  • Events
  • Interviews
  • Jobs
  • Community
  • Expert Blog
  • Whitepapers
  • Directory
Cloud7
  • Cloud
  • Hosting
  • Data Center
  • Linux
  • Security
  • More
    • Network/Internet
    • Development
    • Windows
    • Software
    • Hardware
    • Mobile
    • Big Data
    • Blockchain
    • Policy/Legislation
    • Video Games
  • Login
  • Register
No Result
View All Result
Cloud7
  • Cloud
  • Hosting
  • Data Center
  • Linux
  • Security
  • More
    • Network/Internet
    • Development
    • Windows
    • Software
    • Hardware
    • Mobile
    • Big Data
    • Blockchain
    • Policy/Legislation
    • Video Games
No Result
View All Result
Cloud7
No Result
View All Result

Home > Data Center > Telecom Italia announces data center spin-off for 2021

Telecom Italia announces data center spin-off for 2021

Telecom Italia announced that the board of directors has agreed on a data center spin-off for next year.

Erdem Yasar by Erdem Yasar
November 13, 2020 2:12 am
in Data Center
1 min read
0 0
0
Telecom Italia announces data center spin-off for 2021
0
SHARES
17
VIEWS
Share on FacebookShare on TwitterShare on EmailFollow on Google News

Telecom Italia published the financial report for the quarter ended on 30 September. According to the announcement, the company’s net profit was 1.2 billion Euros for the quarter. The company also stated that the net financial debt as of 30 September had fallen by 2,199 million euros from the end of 2019, standing at 25,469 million euros.

Newco

Telecom Italia also announced Newco, dedicated to Data Centers, the launch of operations in the first quarter of 2021. Newco will operate as of the first quarter of 2021, once the necessary authorizations have been obtained. 2020 proforma turnover is expected to be in the order of approximately 500 million euros, with an expected growth of over 20% per year. With the partnership with Google Cloud in the first nine months of the year, major clients were won for the provision of joint services to business clients.

Read also:  NovaBACKUP launches a new cloud data center in Canada

See more Data Center News



Tags: Telecom Italia
More news
100k+
Sign up and
DISCOVER

Don't miss any update

  • Hosting industry news
  • Expanding community
  • Inspirational interviews
  • And more

Check your inbox or spam folder to confirm your subscription.

ShareTweetSendShare
Previous Post

InfluxDB 2.0 is now available

Next Post

Datadog introduces monitoring features for DNS issues

Erdem Yasar

Erdem Yasar

Editor of Cloud7, Erdem is a computer engineer, cloud security officer and a software developer.

Related News

EcoChain acquires land to build a green data center

January 22, 2021 6:31 pm
Uptime Institute releases expanded 2021 education calendar

Uptime Institute releases expanded 2021 education calendar

January 22, 2021 6:20 pm
AMAX's HPC and AI Solutions Group launched its NVIDIA A100 GPU Test Drive program

Amax launches its NVIDIA A100 GPU Test Drive program

January 21, 2021 2:28 pm
Digital Fortress acquires Atmosera

Digital Fortress acquires Atmosera

January 20, 2021 11:56 am
Next Post
Datadog introduces monitoring features for DNS issues

Datadog introduces monitoring features for DNS issues

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

I agree to the Terms & Conditions and Privacy Policy.

Editor's Choice

Project Lenix rebrands itself as AlmaLinux

Parler filed a lawsuit against Amazon

10 tech trends to look out for 2021

WhatsApp will share users’ data with Facebook

Five trends for data centers in 2021

DDoS, web application and bot attacks increased in 2020

CloudLinux introduced its CentOS replacement: Project Lenix

HostArmada Affordable Cloud SSD Shared Hosting

Get the Cloud7 Newsletter

Get FREE daily newsletters from Cloud7 delivering the latest news and reviews.

Check your inbox or spam folder to confirm your subscription.

Recent News

  • Cockroach Labs published 2021 Cloud Report
  • TeleGeography releases WAN Geography Benchmark tool
  • AWS announced Elasticsearch fork
  • Thrive acquire Apex IT Group
  • Steadfast partners with NAKA to accelerate cloud migrations
Moosend

Most Popular News

  • Parler.com domain transferred to Epik

    Parler.com domain moves to Epik

    0 shares
    Facebook 0 Twitter 0
  • Rackspace to provide AWS solutions to European Researchers

    0 shares
    Facebook 0 Twitter 0
  • Ubuntu 20.04 LTS (Focal Fossa) ISOs are ready to download

    1 shares
    Facebook 1 Twitter 0
  • Parler.com website back, but have some technical issues

    0 shares
    Facebook 0 Twitter 0
  • 7 best Linux mail servers

    1 shares
    Facebook 1 Twitter 0
  • GoDaddy gives details on AR15.com boot

    0 shares
    Facebook 0 Twitter 0
  • Red Hat unveils free RHEL for small production workloads

    0 shares
    Facebook 0 Twitter 0

Dome Binasi, Yesilce Mah. Dalgic Sok. No: 3/5 Kat: 1, Kagithane / Istanbul / Turkey

We bring you the latest news, articles, interviews, reviews, solutions, and videos related to cloud tech, data center, cyber security, web hosting, Linux and so on.

Read more

News Categories

  • Web Hosting
  • Cloud Computing
  • Data Center
  • Cyber Security
  • Linux
  • Network/Internet
  • Software
  • Development
  • Big Data
  • Blockchain
  • Hardware
  • Policy/Legislation

Our Free Modules

  • Events
  • Interviews
  • Jobs
  • Community
  • Expert Blog
  • Whitepapers
  • Directory

Get the Cloud7 Newsletter

Get FREE daily newsletters from Cloud7 delivering the latest news and reviews.

  • About Us
  • Privacy & Policy
  • Copyright Policy
  • Contact

© 2021 Cloud7: Data Center, Cloud Computing & Web Hosting News

No Result
View All Result
  • Cloud
  • Hosting
  • Data Center
  • Linux
  • Security
  • More
    • Network/Internet
    • Development
    • Windows
    • Software
    • Hardware
    • Mobile
    • Big Data
    • Blockchain
    • Policy/Legislation
    • Video Games
  • Events
  • Interviews
  • Jobs
  • Community
  • Expert Blog
  • Whitepapers
  • Directory

© 2021 Cloud7: Data Center, Cloud Computing & Web Hosting News

Welcome Back!

Sign In with Facebook
Sign In with Google
Sign In with Linked In
OR

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Sign Up with Facebook
Sign Up with Google
Sign Up with Linked In
OR

Fill the forms below to register

*By registering into our website, you agree to the Terms & Conditions and Privacy Policy.
All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.