This is the Tagline, edited under "Misc Content"
Nov 23, 2021
SYDNEY, Australia, November 24, 2021 – Equinix, Inc. (Nasdaq: EQIX), the world’s digital infrastructure company™, today announced it has been selected by SUB.CO for the landing of the Oman Australia Cable (OAC) directly into its International Business Exchange™ (IBX®) data centres in Perth, Australia (PE2) and Muscat, Oman (MC1). These locations will serve as strategic interconnection points for the 9,800-kilometre subsea cable system.
Perth has rapidly become an important gateway for subsea cables in Australia as the country has continued a period of accelerated digital transformation. It also serves a strategic role as the west coast connectivity point that provides geographic diversity from Sydney and eastern Australia. Muscat is strategically located between Asia, Africa and Europe, serving as a regional interconnection hub between key global markets, and the OAC is expected to further enhance Oman’s competitiveness in the global digital economy.
OAC, is expected to be completed in Q2 2022 and directly connect Australia with Oman. By providing a direct link between these two countries into Equinix IBX data centres, hyperscalers, enterprise customers and network providers will have access to a dense ecosystem of networks and the lowest latency, and most direct path between Australia and onward into Europe.
Highlights / Key Facts
Quotes:
Additional Resources
About Equinix
Equinix (Nasdaq: EQIX) is the world’s digital infrastructure company, enabling digital leaders to harness a trusted platform to bring together and interconnect the foundational infrastructure that powers their success. Equinix enables today’s businesses to access all the right places, partners and possibilities they need to accelerate advantage. With Equinix, they can scale with agility, speed the launch of digital services, deliver world-class experiences and multiply their value.
About Sub.Co
Founded by industry veteran Bevan Slattery, Sub.co is a specialist consulting and investment company focusing on assisting the development of submarine cable projects and potentially investing in specialist projects alongside infrastructure investment partners.
Previous projects undertaken by the management team include Sydney to Guam Cable (PPC-1), Sydney to Los Angeles (Endeavour & AAG), Singapore to Perth Cable (Indigo West) and Australia’s first transcontinental fibre optic submarine cable (Indigo Central).
Forward-Looking Statements
This press release contains forward-looking statements that involve risks and uncertainties. Actual results may differ materially from expectations discussed in such forward-looking statements. Factors that might cause such differences include, but are not limited to, the challenges of acquiring, operating and constructing IBX data centers and developing, deploying and delivering Equinix products and solutions, unanticipated costs or difficulties relating to the integration of companies we have acquired or will acquire into Equinix; a failure to receive significant revenues from customers in recently built out or acquired data centers; a failure to complete any financing arrangements contemplated from time to time; competition from existing and new competitors; the ability to generate sufficient cash flow or otherwise obtain funds to repay new or outstanding indebtedness; the loss or decline in business from our key customers; risks related to our taxation as a REIT; and other risks described from time to time in Equinix filings with the Securities and Exchange Commission. In particular, see recent Equinix quarterly and annual reports filed with the Securities and Exchange Commission, copies of which are available upon request from Equinix. Equinix does not assume any obligation to update the forward-looking information contained in this press release.
###
Equinix Media Contacts (Asia-Pacific)
Annie Ho
Equinix
+852 2970 7761
annho@ap.equinix.com
Equinix Media Contact (Australia)
Graham White
Pratar
+61 404 840 533
graham@pratar.com.au