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Portugal

European Investment Bank to fund $374m Portugal-Egypt subsea cable

AFR-IX Telecom said it is closer to getting approval from the Portuguese State to moor its new subsea cable Medusa Submarine Cable System in Sines and the Greater Lisbon region. The cable is designed to be 8,700Km long and will land at the multi-billion Dollar hyperscale data centre campus Start...

January 13

João Marques Lima

Equinix buys West Africa’s MainOne in $320m deal expanding into the continent for the first time

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...

December 07

João Marques Lima

AWS re:Invent 2021: Over 30 new cloud Local Zones announced as NASDAQ inks partnership to redesign capital markets digital infrastructure

Amazon Web Services (AWS), an Amazon.com Inc. company (Nasdaq: AMZN), said it will expand its Local Zones portfolio with the addition of more than 30 new locations in major cities around the world in 2022. The new AWS Local Zones, announced at the company’s annual re:Invent conference, will be located in more than 21 countries, including Argentina, Australia, Austria, Bel...

December 03

João Marques Lima

Portugal’s Atlantic islands ramp up data centre investments

Portugal’s autonomous regions of Madeira and Azores have both experienced a surge in localised data centre investments as enterprise demand and consumer data usage continues to rise. In Madeira, Emacom, wholly owned by the Empresa de Electricidade da Madeira, SA (EEM), said it will invest €9 million (US$10.2 million) in the construction of a new data centre facility par...

November 29

João Marques Lima