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Carrier Connect signs $89M deal for 4MW data center capacity in Alpharetta, boosting recurring revenue.

Market News
19 Oct 2026
Newsfile Corp
View Source
Bullish
Carrier Connect signs $89M deal for 4MW data center capacity in Alpharetta, boosting recurring revenue.

Carrier Connect Data Solutions' subsidiary PureColo USA signed a five-year agreement for the full 4MW capacity of its new Alpharetta data center, potentially generating CAD $88.9 million in revenue. The deal starts with a 3MW deployment in November 2026, with monthly billings of about USD $1.05 million, expected to grow to 4MW within six months. This marks a major milestone in Carrier's strategy to convert data center infrastructure into long-term recurring revenue, with plans to expand further on a 25MW letter of intent. The Alpharetta facility could generate EBITDA margins of 25-30%, signaling strong future cash flow potential.

Carrier Connect Data Solutions' new Alpharetta data center deal is set to generate CAD $88.9 million over five years, marking a significant expansion. For readers following the Technology sector, here is Pluang's market snapshot as of Oct 19, 2026 16:11 WIB: out of 150 priced US tech stocks, 110 rose and 18 fell today. Notable movers include ASX at USD 41.00 (+3.72%), NBIS at USD 171.47 (+3.63%), and DDOG at USD 255.98 (+3.59%).

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