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DigitalBridge Group, Inc. (symbol: DBRG) is a preeminent global developer and alternative asset manager focused on digital infrastructure investments. The company's mission is to provide essential capital and operational expertise for businesses across the digital ecosystem. DigitalBridge's platform spans a comprehensive array of digital infrastructure assets, including cell towers, data centers, fiber networks, small cells, and edge infrastructure.
One of the core strengths of DigitalBridge is its ability to turn real-world environments into precise digital models using advanced computer vision technology. This innovative platform allows users to take a picture of a room and automatically recognize its walls, floors, ceiling, objects, and lighting conditions. Customers can then visualize new wall and floor decorations, as well as furnishings, within their actual rooms. This process enhances interior design planning without needing any in-room markers.
The company has demonstrated a solid track record of success through strategic investments and partnerships. DigitalBridge's recent collaborations with industry leaders, such as Intel and Vantage Data Centers, highlight its role in the ongoing evolution of digital infrastructure. These partnerships aim to support the development of cutting-edge technologies and improve the resilience and efficiency of digital networks globally.
Financially, DigitalBridge is positioned robustly within the market, attracting significant investor interest due to its focus on high-growth sectors. The company's active involvement in transformative projects ensures a substantial positive impact on the digital economy. DigitalBridge continues to innovate and expand its portfolio, maintaining a strong commitment to driving growth and value for its stakeholders.
Through its integrated approach, the company delivers operational excellence and sustainable returns. Whether investing in formidable data centers or enhancing mobile connectivity with small cells, DigitalBridge remains at the forefront of the digital infrastructure landscape.
Vantage Data Centers has announced a definitive agreement to establish an Investment Partnership worth approximately €2.5 billion (about $2.7 billion) with a consortium led by DigitalBridge Group, MEAG, and Infranity. This partnership focuses on stabilized European assets and will enhance Vantage’s EMEA data center platform. The funds are earmarked for expansion to support high-quality hyperscale data centers. The deal is anticipated to finalize in Q2 2023, pending regulatory approvals.
DigitalBridge Group (NYSE: DBRG) has announced its upcoming participation in key investor and industry events. On
DigitalBridge Group, Inc. (NYSE: DBRG) will release its First Quarter 2023 financial results on May 3, 2023, before market open. An earnings presentation and conference call will be conducted the same day at 10:00 a.m. ET. Investors can join the call via telephone by dialing (877) 407-4018, or listen to a live broadcast on the company’s website. A replay will be available starting at 3:00 p.m. ET on the same day. DigitalBridge manages a $65 billion portfolio of global digital infrastructure assets and has over 25 years of experience in the digital ecosystem.
DigitalBridge Group (NYSE: DBRG) announced upcoming participation in several investor conferences. From March 5-8, executives will attend the Raymond James Institutional Investors Conference in Orlando, with CFO
DigitalBridge Group, Inc. (NYSE: DBRG) reported its fourth quarter and full-year financial results for 2022. The company achieved total revenues of $301 million in Q4 and $1.1 billion for the full year. However, it faced a GAAP net loss of $(19) million in Q4 and $(382) million for the year. Distributable Earnings were $(11) million for Q4 and $37 million for the full year. Notably, Q4 results included a non-cash valuation allowance of $53 million against deferred tax assets. Cash dividends were declared for both common and preferred shareholders, with the next payment scheduled for April 17, 2023.
Surf Internet has secured $100 million in debt financing from DigitalBridge Credit to enhance its fiber-optic network across the Great Lakes region. This funding, announced on February 8, 2023, aims to accelerate the expansion into over 60 markets and increase fiber passings to over 100,000 by year-end. Surf currently serves over 27,000 customers in Indiana, Illinois, and Michigan, with significant backing from equity partners Bain Capital and Post Road Group. The company has seen a substantial increase in its fiber subscriber base, growing sevenfold since its acquisition in 2021.
DigitalBridge Group (NYSE: DBRG) has appointed Alice Franks as Head of Europe Capital Formation and Brian Lee as Co-Head of Asia Capital Formation at DigitalBridge Investment Management. Franks, based in London, brings 20 years of experience from AMP Capital, while Lee, located in Hong Kong, has over 15 years of experience from the same firm. Their appointments enhance DigitalBridge's global capital formation capabilities following the acquisition of AMP Capital's infrastructure investment management business, now known as InfraBridge. The company also plans to open a new office in the Middle East to better serve clients in that rapidly growing market.
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