Windstream Hosted Solutions opens Charlotte NC data center
Projecting future colocation and managed cloud services opportunities, Windstream Hosted Solutions, a subsidiary of Windstream (Nasdaq: WIN) is opening a 7,200 square foot data center in Charlotte, North Carolina. For wireline-centric service providers like Windstream that are seeing continual declines of their traditional voice business, the gradual move toward managed services, cloud services and colocation are new sources of revenue. Windstream is not alone in the strategy to grow its managed services and cloud business organically and via acquisition. Following Windstream's acquisition of Hosted Solutions and TDS Telecom's (NYSE: TDS) acquisition of TEAM, there's been a flurry of cloud acquisitions beginning with Verizon's (NYSE: VZ) acquisition of Terremark and most recently CenturyLink's proposed deal to acquire Savvis (Nasdaq: SVVS) this week. Read entire press release.

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