Carrier Connect Data Solutions Inc. reports developments tied to its data center roll-up strategy and co-location operations. The company focuses on Tier II/III data centers that provide data center solutions for AI companies, service providers, enterprises and small businesses, with principal markets identified as Vancouver and Ottawa, Canada, and Perth, Australia.
Recurring news themes include capital-structure updates such as unit and warrant financings, governance and leadership changes, material agreements, operating and financial results, and risk-factor disclosures. Company updates also describe its carrier-neutral model, leased-space infrastructure and role as either a primary data center or ancillary site for customers.
Carrier Connect Data Solutions (OTCQB: CCDSF) signed a non-binding LOI to acquire Morewave Communication's network connectivity and last-mile delivery assets. Morewave reports approximately $725,000 annual recurring revenue with >25% profit margin. Carrier expects an immediate 15–20% topline revenue increase. Consideration is $750,000 paid in common shares, escrowed and released in four tranches at 6, 12, 18 and 24 months. Parties aim to execute a definitive agreement by May 1, 2026, subject to approvals and satisfactory due diligence.
Carrier Connect Data Solutions (OTCQB: CCDSF) completed acquisition of the Saint John data center assets from Carbon60, closing under an asset purchase agreement dated February 27, 2026 and announced March 2, 2026. The company paid $1,600,000 cash at closing plus $150,000 payable three months later, subject to customary adjustments.
Acquired through subsidiary PureColo Inc., the deal increases Carrier's portfolio to five data centers, expanding coverage into New Brunswick and adding national scale.
Carrier Connect Data Solutions (OTCQB: CCDSF) closed a brokered private placement of 6,562,500 Units at $1.60 per Unit for gross proceeds of $10.5 million on February 26, 2026. Each Unit includes one common share and one-half warrant.
Each whole Warrant is exercisable at $2.10 until February 26, 2028. The company intends to use net proceeds for acquisitions, debt repayment, data center expansion, capital improvements, marketing, staffing and general corporate purposes. Agents received $625,500 cash and 390,937 agents' warrants exercisable at $1.60 until February 26, 2028.
Carrier Connect Data Solutions (TSXV: CCDS; OTCQB: CCDSF) signed a non-binding letter of intent dated January 26, 2026 to acquire the principal assets of Carbon60's Saint John, NB data center through its PureColo subsidiary. The Proposed Acquisition consideration totals $1,600,000 cash on closing, with $100,000 already paid as a fully refundable deposit and an additional $150,000 payable three months after closing subject to adjustments for liabilities. The parties expect a definitive agreement by February 15, 2026 and closing shortly thereafter. The transaction is subject to customary closing conditions, approvals, and satisfactory due diligence. Management cites national coverage expansion and an existing portfolio of long‑term customers as strategic rationale.
Carrier Connect Data Solutions (OTCQB: CCDSF) completed its acquisition of PureColo on December 4, 2025, acquiring all issued and outstanding securities of PureColo.
The consideration comprised an aggregate 4,606,704 common shares and approximately $2,326,000 cash paid pro rata. The Consideration Shares are escrowed and released in thirds at four, eight and twelve months after December 4, 2025. Cash consideration is payable over nine months and is subject to adjustment based on PureColo debt covenants. PureColo adds two carrier-neutral Ottawa data centers, increasing the company’s colocation footprint alongside Vancouver and Perth. A Business Acquisition Report will be filed within regulatory timelines.