Southern Telecom and Seimitsu form SouthernWaves, secure deal with South Downtown Atlanta project
Rhea-AI Summary
Southern Company (NYSE:SO) subsidiary Southern Telecom has partnered with Seimitsu to form SouthernWaves, a strategic alliance focused on delivering fiber-optic network services across the Southeast. The collaboration marks Southern Telecom's expansion from dark fiber to lit services, with Seimitsu managing bandwidth on secure fiber routes.
The newly formed alliance has secured a significant deal with the South Downtown Atlanta project, which involves transforming 56 buildings across 10 continuous blocks into a second Atlanta Tech Village location. The project encompasses one million square feet and will leverage SouthernWaves' high-capacity infrastructure to support various essential services, including data transfer and emergency response coordination.
Positive
- Strategic partnership formed between Southern Telecom and Seimitsu to expand fiber-optic services
- Secured major contract with South Downtown Atlanta project covering 56 buildings
- Expansion from dark fiber to managed lit services with 24/7 network monitoring
- Partnership with Georgia Power strengthens service delivery capabilities
Negative
- None.
News Market Reaction
On the day this news was published, SO gained 1.51%, reflecting a mild positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
"We are excited to announce the formation of SouthernWaves, a collaboration that brings together the robust network of Southern Telecom and the innovative expertise of Seimitsu," said Bentina Terry, president and CEO of Southern Telecom. "This represents a significant step forward in delivering state-of-the-art fiber-optic network services. By combining our strengths, we are setting a new standard for connectivity, security and reliability, providing our customers with the tools they need to succeed in an increasingly digital world."
Traditionally, Southern Telecom has been known for providing dark fiber services, which require customers to manage their own network equipment. SouthernWaves is introducing lit services, with Seimitsu responsible for illuminating and managing bandwidth on Southern Telecom's secure fiber routes, which are installed in highly secure conduits. With 24/7 network monitoring at a state-of-the-art Network Operations Center in
In collaboration with Georgia Power, SouthernWaves has secured an agreement to serve the
"The partnership between Southern Telecom and Seimitsu brings together unmatched expertise and innovative solutions to transform
"Excitement reverberates across downtown among the signed leases, construction and openings," said Jon Birdsong, CEO at SoDo Atlanta, LLC, and one of the founding visionaries behind the
For the
About Southern Telecom
Southern Telecom, a wholly owned subsidiary of Southern Company, provides access to approximately 10,000 miles of high-count fiber, with a particularly dense network connecting
About Southern Company
Southern Company (NYSE: SO) is a leading energy provider serving 9 million customers across the Southeast and beyond through its family of companies. Providing clean, safe, reliable and affordable energy with excellent service is our mission. The company has electric operating companies in three states, natural gas distribution companies in four states, a competitive generation company, a leading distributed energy solutions provider with national capabilities, a fiber optics network and telecommunications services. Through an industry-leading commitment to innovation, resilience and sustainability, we are taking action to meet customers' and communities' needs while advancing our goal of net-zero greenhouse gas emissions by 2050. Our uncompromising values ensure we put the needs of those we serve at the center of everything we do and are the key to our sustained success. We are transforming energy into economic, environmental and social progress for tomorrow. Our corporate culture has been recognized by a variety of organizations, earning the company awards and recognitions that reflect Our Values and dedication to service. To learn more, visit www.southerncompany.com.
About Seimitsu
Seimitsu is a
Recognized for its leadership and community commitment, Seimitsu continues to drive long-term regional growth with a customer-first approach.
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SOURCE Southern Telecom