Monet Submarine selects Equinix for Latin American digital gateway

Equinix, Inc. (NASDAQ: EQIX) has been selected by the Monet Submarine Cable investors to provide US facilities and services for the next-generation cable landing station architecture to support the Monet Submarine Cable System, the company said.

Monet is a planned submarine cable that is currently designed to deliver over 60 terabits of capacity between the US and Brazil. Monet is owned by Algar Telecom (a Brazilian telecom company and ISP), Angola Cables (an Angolan telecom company operating in the wholesale market), Antel (the Uruguayan telecom company) and Google (together the “Monet Investors”). In addition to being a Monet Investor Google is also the S. landing party for Monet.

The company said construction of the system is under way and is expected to be completed in 2017, terminating in the US at Equinix´s MI3 International Business Exchange data center in the greater Miami metropolitan area.

Equinix, Inc. connects the world´s businesses to their customers, employees and partners inside the interconnected data centers. Equinix operates in 40 markets across five continents.