| Type | Public (LSE: TCY) |
|---|---|
| Founded | 1998 |
| Headquarters | London, United Kingdom |
| Key people | John Hughes (Chairman of the board), Michael Tobin (CEO) |
| Industry | Network infrastructure |
| Services | Data centres |
| Revenue | £133.0 million (2008)[1] |
| Operating income | ▲ £18.3 million (2008).[1] |
| Profit | ▲ £25.3 million (2008)[1] |
| Employees | 400+ (2008)[1] |
| Website | www.telecitygroup.com |
Telecity Group plc (formerly TelecityRedbus and before that Telecity), (LSE: TCY) is a European carrier-neutral datacentre and Colocation centre provider. It is listed on the London Stock Exchange and is a constituent of the FTSE 250, techMARK and FTSE4Good [2] indices.
Contents |
History
The Company was founded by Mike Kelly from Manchester University in 1998.[3] At that time 3i Group made an investment of £24m in the Company.[3] In 2000 it was first listed on the London Stock Exchange.[3] In 2005 the Company acquired Redbus Interhouse, a rival business,[4] and in 2006 it bought the European assets of the US-based Globix Corporation.[5] In 2005 it was taken private by 3i Group and Oak Hill and in 2007 it was once again listed on the London Stock Exchange in a new flotation.[6]
Operations
The Company operates the following sites in London:
- Bonnington House: Telecity's original London Docklands location, on Millharbour.
- Harbour Exchange: The original Redbus Interhouse site is located at 6-7 Harbour Exchange Square and adjacent to this is Telecity's second Docklands location at 8-9 Harbour Exchange Square. The former was the first London Docklands datacentre to be retrofitted into commercial office space, and had a number of problems which Redbus spent a large amount of money correcting during 2005. It offers parking for a small number of vehicles outside and is adjacent to the former London Arena.
- Meridian Gate: The second Redbus facility, again retro fitting commercial office space, but this time to a much higher standard. It offers parking for a small number of vehicles.
- Sovereign House: Redbus Interhouse's third and biggest facility, next to a multi-storey car park. This building has the best of all locations in London, specification wise. It was also the head office of Redbus Interhouse prior to their acquisition by Telecity.
- Prospect House: A former Globix datacentre in Central London by Tottenham Court Road station.
- Oliver's Yard: Another former Globix facility which TelecityRedbus retrofitted for High Density computing requirements; with almost 1MW of available power. TelecityGroup has announced that it is adding an additional floor of datacentre here.
- Powergate: A new £50M datacentre opened in 2008 in West London, in the Park Royal industrial estate.
It now operates 20 datacentres across Europe: Amsterdam - 4, Frankfurt - 2, London - 8, Manchester - 1, Milan - 1, Dublin - 1, Paris - 2 and Sweden - 1. New datacentres in Milan, Stockholm and Paris are currently under construction and will open in 2009. TelecityGroup's competition for European Data Centre services includes Interxion and Equnix.
Environment
As datacentres consume significant amounts of power, operators are under increasing pressure to demonstrate environmental responsibility. To this end Telecity was an early adopter of the EU's Code of Conduct for datacentres[7], a voluntary code launched in December 2008 which promotes the adoption of energy efficient best practices amongst data centres owners and operators. Telecity is also a member of The Green Grid.
Power outages
The Redbus datacentres in London Docklands have suffered from a number of power outages, including one at the Redbus Harbour Exchange datacentre in March 2005 where several customers suffered equipment failure, possibly due to a power surge.[8]
During a power outage on the 1st and 2nd of November 2004, which shut down entire quarters in Frankfurt as well as Frankfurt International Airport for 11 minutes, Redbus Interhouse Frankfurt managed to fully compensate for the outage during the entire failure period of about 10 hours.[9]
Redbus Interhouse
Redbus Interhouse was founded in 1998 by the founder of Demon Internet, Cliff Stanford to take advantage of the success of the carrier-neutral datacentre market that had been created in the London Docklands area by Telehouse. By the late 1990s Telehouse North had become full, and there was a huge demand for further capacity.
Internet exchanges
LINX connections are available at many of the London TelecityGroup locations. Also present are LONAP, LIPEX, and Redbus Internet Exchange switches. The company also hosts the AMS-IX in Amsterdam, DE-CIX in Frankfurt and Netnod in its forthcoming Stockholm 2 datacentre. Telecity is a Patron of Euro-IX [10], the association of European Internet Exchanges and an associate member of the Internet Watch Foundation.
References
- ^ a b c d "Preliminary Results to 31 December 2008". Telecity Group. http://www.telecitygroup.com/UserFiles/File/investor_docs/Telecity%20Group%20plc%20prelim%20announcement%202008%20final.pdf. Retrieved 2009-02-17.
- ^ FTSE4Good Review
- ^ a b c Web exchanges operator Telecity plans £1bn summer flotation
- ^ Web host Telecity consolidates with Redbus buy
- ^ Telecity Redbus to buy Globix UK
- ^ 3i reaps rewards of Telecity's revival
- ^ EU code of conduct for data centres launched
- ^ Redbus Power Failure
- ^ Redbus Colo stays live in Blackout
- ^ Euro-IX website
Headline text
Datacentre Leaders' Awards: Award: The Wildcard Award WInner: TelecityGroup France Thursday, 17 December 2009 [1]
TelecityGroup’s commitment to energy efficiency recognised by European Commission. Thursday, 26 November 2009 [2]
TelecityGroup delivers 33% growth in revenue. Results for the six months to 30 June 2009 [3]
External links
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