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Production / Operations

Carrier Connect Data Solutions Announces Customer Expansion at PureColo Subsidiary

By The Northwire Desk — AI Analysis Dec 18, 2025 · 08:00 CCDS · 1.1 Carrier Connect Data Solutions Inc.
CCDS · Price

Executive Summary

  • PureColo’s long‑term tenant will add 90 kW of capacity beginning Feb 2026, representing a 58 % increase over its current billings.
  • The expansion adds approximately CAD 28,000 of monthly recurring revenue for Carrier Connect Data Solutions.
  • CEO Mark Binns highlighted the rapid revenue growth post‑acquisition and reaffirmed focus on profitable expansion of the PureColo portfolio.

Key Details

  • Expansion timeline: start February 2026 with final deployments completed by May 2026.
  • Additional capacity: 90 kW (≈58 % increase over existing usage).
  • Incremental revenue: CAD 28,000 per month (additional recurring revenue).
  • Tenant profile: global leader in software for the intelligent edge; long‑standing customer since 2021.
  • CEO comment: “I am very pleased to see significant revenue growth within PureColo so quickly after closing our acquisition…focused on profitably growing the business through both customer expansion and net new customers.”

Notable Quotes

“I am very pleased to see significant revenue growth within PureColo so quickly after closing our acquisition. The PureColo team in Ottawa is excited about this new chapter, and focused on profitably growing the business through both customer expansion and net new customers.” – Mark Binns, CEO

Materiality Assessment: Material – Positive (the disclosed revenue increase and capacity expansion are material to the company’s financial outlook).

Read the original news release →

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