Equinix and Omantel Open New Muscat Data Center

REDWOOD CITY, Calif. and MUSCAT, Oman, Oct. 5, 2020 /PRNewswire/ -- Equinix, Inc. (Nasdaq: EQIX), the world's digital infrastructure company, and global communications provider Oman Telecommunications Company (Omantel, an MSM-listed company: OTEL), today announced the opening of their new International Business Exchange(TM) (IBX®) data center in Barka, near Muscat--the capital of Oman. Known as MC1, the facility is the first world-class, carrier-neutral hub in Oman where carriers, content providers and cloud providers can colocate critical IT infrastructure.

Strategically located between Asia, Africa and Europe, the new Equinix IBX in Oman will serve as a regional interconnection hub providing ultra-low latency connection points between key global business markets. The new IBX benefits from direct connectivity to strategic cable landing stations (CLS) and subsea cable systems that terminate directly inside the facility, and is expected to provide customers with increased performance and security, along with significant cost savings.

Highlights/Key Facts

    --  Equinix and Omantel announced in July 2018 that the companies had
        entered into a joint venture to deliver data center and interconnection
        services to customers in the Middle East through the development of the
        new network-dense data center. The resulting site, MC1, is operated by
        Equinix and includes 23,600+ square feet of colocation space and 725
        cabinets. The site has capacity to grow to 2,150+ cabinets with future
        IBX builds.
    --  MC1 is Equinix's first data center in Oman and its fourth in the MENA
    --  MC1 provides customers with direct access to the Equinix Internet
        Exchange(TM), creating a regional peering hub for networks, content
        providers and large enterprises to exchange internet traffic over the
        world's largest peering solution.
    --  Equinix's 2019-20 Global Tech Trends Survey found over 40% of IT
        decision-makers in EMEA are prioritizing connecting with new digital
        ecosystems as part of their organization's overarching technology
    --  With subsea cable systems terminating directly in MC1, the site benefits
        from continued investments by Omantel in multiple strategic subsea cable
        systems throughout the world, reaching over 50 countries globally.
        Omantel currently has investments in more than 20 subsea cable systems
        and leverages six diverse landing stations in Oman and one in Marseille,
    --  Based on demand and requirements, customers across the Gulf States and
        wider MENA region can also leverage other Equinix data centers in the
        region for dual access to content providers, allowing carriers, content
        providers and cloud providers to leverage interconnection and further
        build resilience into their IT and network infrastructures.
    --  According to the latest edition of the Global Interconnection Index
        (GXI), enterprise consumption of interconnection bandwidth is expected
        to grow at a 67% CAGR in EMEA by 2022, outpacing other forms of business
        data exchange, as businesses respond to rapidly growing volumes of data.


    --  Talal Al Mamari, CEO, Omantel"Today, data center infrastructure sits at
        the heart of global ICT and enables all of us to enjoy the cloud-based
        apps and services we use every day. The new IBX in Oman represents a
        significant step forward for Oman and the Middle Eastern ICT markets. We
        are delighted that the facility is now open and, together with Equinix,
        we hope to enable a new era of telecommunications both regionally and
        globally. Coupled with the majority of the GCC's international submarine
        cables landing in Oman, all accessible from the Equinix data center, we
        believe this partnership will further enhance Oman's competitiveness in
        the global digital economy."

    --  Sohail Qadir, Vice President, Omantel Wholesale Unit "Omantel provides
        cable landings and connectivity to more than 120 cities across the
        world. We also have investments in 20 subsea cable systems, and leverage
        six diverse landing stations in Oman and another in France.
        Additionally, Omantel is an investor in AAE-1 consortium--one of the
        largest and newest high-capacity connections between Asia, Africa and
        Europe. And through this partnership with Equinix, we believe we are
        well-positioned now to provide the current and future needs of carriers,
        content providers, and cloud providers".

    --  Eugene Bergen Henegouwen, President, EMEA, Equini"We are seeing an
        accelerated demand for digital transformation in MENA. Across different
        sectors, organizations are re-assessing their cloud adoption strategies
        and cloud readiness. In the digital age, companies need to reach all the
        right places and partners to seize opportunity, and they need to do it
        out at the edge. Our partnership with Omantel greatly supports our
        ability to meet this need, particularly as our customers can now
        leverage Omantel's significant subsea cable infrastructure. This type of
        colocation and interconnection services platform creates a magnetic
        effect that draws in more users that can leverage a global subsea cable
        fabric connecting cities, countries and continents together. Along with
        this, our investment in the Middle East market--including the new data
        center in Oman--reflects our commitment to our customers as they
        continue their digital transformation journeys."

    --  Judith Gardiner, Vice President, Growth and Emerging Markets, Equini"We
        know from our latest tech trends survey that over 40% of IT
        decision-makers in the region are utilizing interconnection to increase
        the flexibility of connectivity, and that's certainly something we will
        offer at MC1. We're giving our customers direct access to the best
        markets via the best routes, all over the world, and the Equinix
        Internet Exchange link allows network operators, content providers and
        enterprises across industries, to easily and efficiently exchange
        internet traffic--crucial for those wishing to compete in today's global
        digital economy."

    --  Kamel Al-Tawil, Managing Director for Middle East and North Africa,
        Equinix"As IP traffic growth continues to accelerate, it is more
        important than ever that the IP peering community has a scalable,
        reliable and globally consistent Internet Exchange solution in all
        markets where they want to peer traffic. Oman is strategically
        positioned between Asia, Africa and Europe, and with our partnership
        with Omantel, we intend to create a hub that will allow drivers of
        internet traffic to efficiently peer, and expand operations across the

Additional Resources

    --  Equinix 2019-20 Global Tech Trends Survey [report]
    --  Global Interconnection Index Volume 3 [report]
    --  IDC MarketScape: Worldwide Colocation & Interconnection Services Report
    --  Learn more about Equinix Cloud Exchange Fabric® [website]
    --  Learn more about Equinix Internet Exchange(TM) [website]
    --  Equinix and Omantel Enter Agreement to Build New Equinix Data Center in
        Oman [press release]

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 Omantel
Omantel Wholesale is the international and domestic wholesale arm of Oman Telecommunications Company S.A.O.G. (Omantel), the first and leading integrated telecommunications service provider in Oman.

Founded in 1970, Omantel is a joint-stock company listed in Muscat Securities Market and is 51% owned by Oman Investment Fund (OIF), a wholly owned investment arm of the Omani government.

The company has laid the groundwork for telecommunications and technological advancement in the country and it continues to invest heavily within its own borders and abroad. As a result, Omantel has acquired a controlling stake in Kuwaiti Mobile Telecommunications Company (Zain Group) last year, making it the second-largest shareholder in the company.

Omantel Wholesale capitalizes on ultra-low latency networks to enable innovation and digital transformation globally, utilizing Oman's geographic advantage at the absolute nexus of the east, west, north and south to enable its customers and partners to deliver their services with the best possible end-user experience.

For more information, please visit www.omantel.om/Wholesale

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.

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SOURCE Equinix, Inc.