Equinix MI3 data center serves as low-latency hub to Latin
America, creating new revenue opportunities for network service providers
REDWOOD CITY, Calif.--(BUSINESS WIRE)--May. 13, 2013--
Inc. (Nasdaq: EQIX), the global interconnection
and data center company, today announced that GlobeNet,
an international wholesale provider of submarine capacity and a
wholly-owned subsidiary of Oi, has extended its low latency network into
Equinix’s MI3 International Business Exchange™ (IBX®)
data center in Boca Raton, Florida. GlobeNet’s expansion into Equinix’s
MI3 data center opens the fastest IP traffic route from the United
States to Brazil.
Specifically designed to link Latin America with the rest of the world,
Equinix’s MI3 facility serves as a carrier-neutral network access point
for GlobeNet to connect its low latency, subsea cable route from
Equinix’s SP2 facility in São Paulo, Brazil. This new connectivity
between North and South America allows network service providers around
the world to be able to tap into economic opportunities stemming from
emerging commercial centers in Latin America.
Highlights / Key Facts
Explosive growth in mobile, content delivery, video streaming,
tele-presence, social media, and cloud-based data traffic offers
tremendous revenue opportunities for high-margin corporate and retail
services such as Ethernet and MPLS. To remain competitive, network
operators are expanding their infrastructures to meet demand for these
new services—and are turning to “retail data centers” that not only
offer all the network-to-network connectivity of a telehouse, but also
act as aggregation points for concentrations of customers in
Roughly 75 percent of all network traffic emanating from Latin America
is coming into the United States via Miami. Globally, MI3 has the
sixth highest Internet capacity and is a key hub location for domestic
and international traffic routes. As a result, Equinix and its
Brazilian subsidiary ALOG are perfectly positioned to serve
high-bandwidth events, such as the upcoming 2014 FIFA World Cup and
2016 Summer Olympics in Brazil.
According to a 2013 Submarine Telecoms Forum report, growth in
activated submarine capacity has been extremely high, with a compound
annual growth rate of 54 percent over the last five years. Equinix is
laying the foundation for cable operators like GlobeNet to establish
an express highway between the United States and Brazil, while
Equinix™ and its ecosystem of key supply chain
customers and partners.
The North America-South America capacity market is heavily dependent
on three privately owned geographic ring networks, one of which is
GlobeNet. With numerous telecommunications carrier facilities, fiber
loops, international cable landings and multiple power grids, MI3 is
an ideal location for GlobeNet to meet the connectivity demands of
wholesale and network service providers and other Internet-related
businesses looking to expand their business.
GlobeNet owns and operates over 22,500 kilometers of subsea cable
network specifically engineered for the shortest, lowest latency
routes. Built upon advanced Dense Wave Division Multiplexing (DWDM)
technology, GlobeNet’s carrier class network is leveraged by wholesale
providers and carriers around the World.
Equinix is seeing strong demand from customers looking to leverage MI3
for fast access to Latin America. MI3 offers a number of benefits to
customers, including direct connectivity to the leading Latin American
network operators for reduced latency, and close proximity for serving
Latin American markets while maintaining infrastructure within the US.
Customers that are deploying at MI3 include, Allied Fiber, Cogent
Communications, Fiberlight, Inteliquent, Neutrona Networks, Lightower
Fiber Networks and tw telecom.
Erick Contag, Chief Operating Officer, GlobeNet:
response to the demand GlobeNet is seeing for high capacity, low
latency connectivity throughout the Americas, we made a strategic
decision to deploy in MI3. As a major international hub for network
traffic, M13 offers GlobeNet customers direct access to high
performance networks in which to extend existing networks or expand
into new markets.”
Poole, general manager, Global Networks & Mobility at
“Fueled by the convergence of telecommunications
infrastructures, MI3 is becoming a popular connectivity hub for global
carriers, Internet service providers and other Internet-related
businesses and organizations. We are thrilled to have GlobeNet expand
into MI3, opening up a new bilateral submarine connectivity
opportunity for major network providers.”
GlobeNet provides International capacity between North and South America
over a dual ring-protected submarine cable system serving Brazil,
Bermuda, Colombia, the U.S.A., and Venezuela. Covering a distance of
more than 22,500 kilometers, this sophisticated submarine cable network
system is fully redundant and offers the lowest latency available
between the Americas. The network links cable landing stations in
Tuckerton, NJ and Boca Raton, FL, USA, with cable landing stations in
Fortaleza (CE) and Rio de Janeiro (RJ), Brazil, St. David’s, Bermuda as
well as Maiquetía (Caracas) Venezuela. GlobeNet is a wholly owned
subsidiary of Brazilian full-service telecommunications provider Oi.
Equinix, Inc. (Nasdaq: EQIX), connects more than 4,000 companies
directly to their customers and partners inside the world’s most
networked data centers. Today, businesses leverage the Equinix
interconnection platform in 31 strategic markets across the Americas,
EMEA and Asia-Pacific. www.equinix.com.
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 centers and
developing, deploying and delivering Equinix services; unanticipated
costs or difficulties relating to the integration of companies we have
acquired or will acquire into Equinix; a failure to receive significant
revenue from customers in recently built out or acquired data centers;
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; and other risks described from time to time in Equinix’s
filings with the Securities and Exchange Commission. In particular, see
Equinix’s recent 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 and IBX are registered trademarks of Equinix, Inc.
International Business Exchange is a trademark of Equinix, Inc.
Source: Equinix, Inc.
Equinix Media Contacts
Melissa Neumann, +1 650-598-6098
for Equinix, Inc.
Liam Rose, +1 415-318-4380
Jaymie Scotto & Associates