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Redbus Interhouse, the operator of internet co-location facilities, is to drop plans for a £20m expansion programme in 2002, but will go ahead with its immediate plan to triple its space in London and add sites in Prague and Amsterdam.
Redbus Interhouse is planning to expand its European network of internet hosting centres from three to 20 over the next 12 months.
Redbus Interhouse is planning to set up internet co-location centres in Prague, Amsterdam and Luxembourg, while other sites are being fitted out in London, Madrid and Frankfurt.
Redbus Interhouse is planning to raise £82m in a share placing, in order to fund the expansion of its internet co-location facilities across Europe.
Redbus Interhouse is planning to raise £20m in a share placing in order to set up a network of internet co-location facilities across Europe.