Page 36 - SAMENA Trends - March-April 2022
P. 36

REGIONAL & MEMBERS UPDATES  SAMENA TRENDS


                                             Equinix to Build First Data Center in Salalah in

                                             Partnership with Omantel


        Equinix,  Inc.,  has  announced  plans  to  build  a  brand  new  data   Salalah by building a world class data center that will undoubtedly
        center in the city of Salalah, which is located on the south coast   change the landscape of global traffic flows between three major
        of  the  Sultanate  of  Oman  in  the  Middle  East.  The  data  center   continents.”  Said  Kamel  Al-Tawil,  Managing  Director  of  Equinix
        is being built in cooperation with Omantel, the regional leading   Middle East and North Africa. “With access to several new and
        wholesale carrier of the Middle East, and will be commercially and   existing  submarine  cables,  this  major  new  interconnectivity
        operationally managed in full by Equinix as a carrier neutral and   point continues Equinix’s strategy of developing network-dense
        open  access  Equinix  International  Business  Exchange™  (IBX®)   and  interconnectivity-rich  ecosystems.”  He  added.  The  SN1
        data  center.  The  new  site,  named  SN1,  demonstrates  Equinix’s   facility is the latest subsea  landing  site in a string of strategic
        commitment  to  Oman  and  the  Middle  East  region.  SN1  will  be   subsea investments for Equinix. In December 2021, the company
        the second carrier neutral data center to be built in Oman after   announced it had been selected by SUB.CO for the hosting of the
        MC1 in Muscat and will be Equinix’s fifth data center in the region   9,800-kilometre Oman-Australia Cable (OAC) into its International
        alongside  strategic  sites  in  Dubai  and  Abu  Dhabi.  Once  open,   Business Exchange™ (IBX®) data centers in Perth, Australia and
        SN1  will  become  a  key  interconnectivity  point  for  traffic  flows   Muscat, Oman. Additionally, during 2021, Equinix opened similar
        between  Asia,  Europe,  and  Africa.  “We  are  delighted  to  extend   cable hosting sites in Genoa and Bordeaux as well as announced
        our  successful  partnership  with  Equinix  through  establishing   the  opening  of  significant  subsea  connections  with  EllaLink  in
        this new international  subsea  cable  hub  in Salalah, which  is   Portugal and Brazil.
        strategically located in the south of Oman, on the coast of the
        Arabian Sea”. Talal Al Mamari, Chief Executive Officer of Omantel
        stated. “Salalah is the rising star of the Middle East for Asia to
        Europe and Africa subsea cable systems passing the region and
        is quickly establishing itself as the new main regional strategic
        interconnection point. Salalah will be the hub for a connectivity
        ecosystem much  needed  to  meet an  ever-increasing demand
        for onwards connectivity to the Middle East  and Africa”. Mr.  Al
        Mamari concluded. By shortening the length and route of many
        highly  strategic and important cables  in the  region,  the  new
        SN1  site  in  Salalah  will  change  the  landscape  of  global  traffic
        flows by creating a much more cost-effective route to connect
        businesses to the Middle East. The new site will also offer direct
        fiber  links  to  Equinix’s  MC1  in  Muscat,  the  first  carrier-neutral
        hub  in the  Middle East, and enables carriers,  content  providers
        and cloud providers to co-locate critical IT infrastructure in the
        region. “We are seizing on this fantastic opportunity to invest in

        Omantel AGM Approves Cash Dividends of 55 Baisas Per Share



                                                                                 Director in the presence of board members,
                                                                                 external auditors of the company, the legal
                                                                                 advisor, the observer of the Capital Market
                                                                                 Authority  and the  shareholders.  During
                                                                                 the meeting,  the shareholder  approved
                                                                                 a  proposal to distribute cash dividends
                                                                                 to  registered shareholders  as  of March
                                                                                 27,  2022  (55  Baisas  per  share).  Omantel
                                                                                 AGM also approved the Chairman’s Report
                                                                                 on  the  company  activities  and  financial
                                                                                 performance  for  the  fiscal  year  ended
                                                                                 31st  December  2021.  The  meeting  also
                                                                                 considered and approved the company
        Oman   Telecommunications   Company   company’s HQs at Madinat Al Irfan, under   corporate  governance  report,  auditors’
        (Omantel)  held  its  Annual  General   the chairmanship of Mulhim bin Bashir   report on the audited financial statements
        Assembly  Meeting  (AGM)  Sunday  at   Al  Jarf,  Chairman  of  Omantel  Board  of   for the financial year ended 31st December

                                                                                                  36  MARCH-APRIL 2022
   31   32   33   34   35   36   37   38   39   40   41