Equinix, Inc. (Nasdaq: EQIX) has set its financial guidance for the year of 2022 and the data centre provider is expecting between US$7.202 - US$7.252 billion in revenues, a 9% increase over 2021 or a normalised and constant currency increase of 9 - 10%. The guidance shows an expected adjusted EBITDA of US$3.307 - US$3.337 billion, a 46% adjusted EBITDA margin. ...

Equinix, Inc. (Nasdaq: EQIX) said it will expand into the African continent for the first time through acquiring West African data centre operator MainOne. The transaction has an enterprise value of US$320 million and is expected to be AFFO accretive upon close, excluding integration costs. The acquisition is expected to close Q1 of 2022, subject to the satisfaction of c...

The Africa Coast to Europe (ACE) submarine cable has been extended down the coast of western Africa from São Tomé and Príncipe to South Africa. The cable is now connecting Duynefontein, north of Cape Town in South Africa, to Penmarch, in the French region of Brittany. Along the 17,000Km route, the cable has sub-lines going into Portugal, Canary Islands, Mauritania, Se...