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Apollo-backed Brightspeed seeks up to $3B from creditors for fibre

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Apollo-backed Brightspeed seeks up to $3B from creditors for fibre

The Next Web·Ana-Maria Stanciuc·4 days ago

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#thenextweb #fibre #brightspeed #apollo #debt

US fibre broadband provider Brightspeed, backed by Apollo, is in talks with creditors for $2B to $3B of new money as it struggles with about $10B of debt.

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Nvidia wants to repurpose over 130 old telco buildings as tiny data centers, report claims — company in talks with Brightspeed after pitching idea to parent company Apollo Global Management

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Nvidia wants to repurpose over 130 old telco buildings as tiny data centers, report claims — company in talks with Brightspeed after pitching idea to parent company Apollo Global Management

Latest from Tom's Hardware ·Jowi Morales·4 days ago

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Brightspeed has over 130 facilities located across the U.S., with Nvidia estimating that they could produce up to 1GW of compute capacity.

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#BrightSpeed

Apollo-backed Brightspeed seeks up to $3B from creditors for fibre

Nvidia wants to repurpose over 130 old telco buildings as tiny data centers, report claims — company in talks with Brightspeed after pitching idea to parent company Apollo Global Management