North America Trends
North America Trends
North America market trend intelligence tracks cloud service, regional ISP, national telecom, data centre, and institutional infrastructure signals across North American internet infrastructure markets. BTW.
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1,343 articles
North America Cloud Services Trends
Nutanix’s US$1.51bn Profit Carries a US$1.18bn Tax Benefit
Nutanix finished fiscal 2026 with genuine operating progress and genuine cash generation. It also reported a profit number dominated by a tax-accounting event. Reading all three facts at once is more useful than choosing either the celebratory headline or the cynical dismissal.
North America Cloud Services Trends
DigitalOcean’s $894m RPO Sits Beside $3.04bn of Future Capacity Payments
DigitalOcean has won longer customer commitments just as it has committed itself to a much longer physical estate. The two ledgers strengthen the growth case only if facilities, servers, consumption, revenue and gross profit arrive in the right order.
North America Datacenter Trends
American Tower Consolidates CoreSite’s US$586m Revenue Ahead of a 64% Equity Claim
CoreSite’s first-half numbers all enter American Tower’s accounts: US$586mn of revenue, US$360.1mn of gross margin and US$308.9mn of segment operating profit. Ownership follows a different route. Stonepeak’s preferred equity was due to convert in August, leaving American Tower…
North America Cloud Services Trends
Two AWS Rent Clocks Sit Beneath Cipher’s US$793m NOI Average
Cipher Digital can put US$11.4bn of contracted revenue and US$793mn of average annualised net operating income on one slide. Cash will still arrive one data hall at a time. Black Pearl has begun earning its first AWS rent; Stingray is targeting two starts in 2027. Between those…
North America Regional ISP Trends
Cable One’s $480m MBI Cheque Sits Beside $920m of Debt
The cheque that closes Cable One’s acquisition of Mega Broadband Investments is expected to be about $480 million. The obligation that arrives beside it is larger: MBI is expected to carry about $920 million of net debt when it becomes wholly owned. One buys the remaining equity…
North America Cloud Services Trends
TeraWulf Exchanged Abernathy’s 25-Year Upside for Three Instalments
The simple arithmetic is an US$80mn spread between TeraWulf’s US$450mn investment and approximately US$530mn of sale consideration. The useful arithmetic is harder. The buyer pays on three dates through April 2027, while TeraWulf gives up every share of a 168MW project with a…
North America Regional ISP Trends
Shentel’s 21.1% Fibre Penetration Is Not a Payback Rate
Shentel can now connect almost half a million premises in its expansion markets, but those premises do not have the same economic age. The reported 21.1% penetration blends neighbourhoods already above 40% with recent builds still near 5%. The investment case turns on the shape…
North America Cloud Services Trends
The Ledgers Inside Galaxy’s 5.7GW Pipeline
Galaxy’s Texas power pipeline adds up to more than 5.7GW. What it adds together is the more important story. One part is approved gross power, another is still in the interconnection process, one site has a 74MW initial agreement inside a 500MW ambition, and two acquired sites…
North America Institutional Trends
Crown Castle Sold the Diversification, Not the Bargaining Risk
Crown Castle turned an $8.4 billion disposal into more than $7 billion of debt repayment and a $1 billion buyback. The cleaner balance sheet is real. So is the company left behind: a 40,000-tower landlord whose three largest tenants supplied 93% of its second-quarter rental…
North America Regional ISP Trends
The Dollar Before the Splice: Lumen’s Prepaid Fibre Test
At Lumen Technologies, customer cash can arrive while a long-haul network is still an unfinished physical system: before the final splice is made, before optics are commissioned across the route, and before service has satisfied the conditions needed for customer delivery and…
North America Datacenter Trends
Pennsylvania ties data-centre permits to local approval
Pennsylvania has tightened its data-centre approval process by linking state permitting, tax treatment and project support to new infrastructure and community requirements.
North America Datacenter Trends
Smith responds to Alberta data-centre backlash
The Alberta premier has responded after tense town halls over AI data centres, while promised setback rules for large projects have yet to be published.
North America Regional ISP Trends
BEAD awards do not become project cash until reimbursement clears
A fibre crew can finish a week's work while the contractor's payroll and the supplier's invoice fall due before the state has accepted the next BEAD payment trigger. The award may be valid, the construction eligible and the project economic, yet the subgrantee still has to…
North America Datacenter Trends
Abbott says few firms answered Texas data-centre survey
Texas is requiring more project information as ERCOT tries to assess a data-centre connection queue that has grown to more than 474GW.
North America Datacenter Trends
Big Tech adds community commitments to data-centre plans
OpenAI, Meta and Microsoft are putting community funding, construction jobs and greater disclosure into data-centre development as local opposition grows.
North America Datacenter Trends
Starcloud raises $250m for orbital data centres
Starcloud will use the new funding to expand spacecraft manufacturing and Nvidia engineering work as it develops larger orbital computing systems.
North America Datacenter Trends
Prometheus, Istmo plan 2.5GW gas-powered Texas campus
The Reeves County project would start with 1.5GW of behind-the-meter generation using pipeline natural gas and on-site ethane, with first power targeted for 2027.
North America Datacenter Trends
Alberta plans setback rules for AI data centres
Alberta is preparing setback rules for large data-centre projects after residents pressed officials over developments planned near homes.
North America Datacenter Trends
Nvidia invests in powered-land developer Cloverleaf
The minority investment brings Nvidia into the site and power work that takes place before AI hardware can be installed in a data centre.
North America Cloud Services Trends
DigitalOcean’s database incident blocked the next cluster, not every database
For more than nine hours on 23 August, DigitalOcean reported errors creating new Managed Database clusters through its Control Panel and API. The incident moved from a broad multi-region description to fixes in NYC1 and NYC3, exposing a practical fault line between a cloud…