News Formal

MainOne’s acquisition finalised as Equinix announces ownership - Punch Newspapers

  • 📰 MobilePunch
  • ⏱ Reading Time:
  • 33 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 63%

Business News News

Business Business Latest News,Business Business Headlines

The most widely read newspaper in Nigeria

The acquisition of MainOne has been finalised as Equinix Inc announced it has fully acquired the firm in a $320m deal.

According to Equinix, this is a part of its long-term strategy to become an African carrier-neutral digital infrastructure company. In a statement, the firm said, “This acquisition will extend Platform Equinix® into West Africa, giving organizations based inside and outside of Africa access to global and regional markets.

“Nigeria has both the largest population and the largest economy of any country in Africa, with approximately 142 million active Internet subscribers. Home to new innovative digital ecosystems in fintech and content and digital media, it has a great opportunity for expansion of digital services.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 8. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

NYSC inaugurates skills acquisition centre - Punch NewspapersThe most widely read newspaper in Nigeria NonsoChrisantus ifb Them just wake up! Hope start up capital will be awarded to them after the training. It shouldn't be like ESP in university that is just an audio skill empowerment.
Source: MobilePunch - 🏆 8. / 63 Read more »