Revlis wireless

[Goodbuddy4863]

Equinix to Expand Further, Declares $1 Billion Plan for 2017:

https://www.yahoo.com/finance/news/equinix-expand-further-declares-1-131701943.html

"It seems that the data center major, Equinix Inc. EQIX, is firing on all cylinders to expand its business across different regions. Following last year’s initiatives, the company recently announced an aggressive expansion plan for 2017.

In this regard, the company has targeted approximately $1 billion non-recurring investment this year, which will include opening of new International Business Exchange (IBX) data center and expansion across some of the existing data centers.

Equinix plans to open five new IBX data centers in Sao Paulo, Frankfurt, Amsterdam, Silicon Valley and Washington D.C. — bringing the total to 155 — this year. Apart from this, the company intends to make expansion at 14 of its existing data centers.

The $1-billion targeted investment plan also includes pending acquisitions – IO UK's data center operating business in Slough, UK, and ICT-Center AG’s Zurich-based data center operating business in Switzerland. Additionally, last month’s buyout of 34.5 acres of land in Ashburn for a total consideration of $34.5 million is part of Equinix’s recently announced investment plan.

Expansions in important markets and consolidation of facilities in the existing ones have been part of Equinix’s core strategy. The company has been consistently striving to boost the revenue base as well as profitability through technological upgrades to attract more clients.

Notably, last year, the company made more than $4.5 billion investment, which includes opening of data center, expansion of colocation space and the acquisition of Telecity. The company currently operates 150 data centers across 21 countries and 41 metros globally."

https://finance.yahoo.com/quote/EQIX?ltr=1

Note:
Should have bought this stock over 16 Years ago when I had the chance.

Oh, well.