See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Equinix, Inc. (EQIX) - free report >>
We use cookies to understand how you use our site and to improve your experience. This includes personalizing content and advertising. To learn more, click here. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms of Service.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Equinix, Inc. (EQIX) - free report >>
Image: Shutterstock
Equinix (EQIX) Partners With DISH to Support 5G Service
To provide digital infrastructure services, Equinix Inc. (EQIX - Free Report) recently partnered with DISH . The partnership will support DISH’s first cloud-native, open RAN-based 5G network in the United States.
With access to Equinix's International Business Exchange (IBX) data centers, DISH will be able to deliver secure critical interconnections across the U.S. 5G network.
Equinix is well-positioned, globally, to bank on robust demand for data-center spaces with its Platform Equinix, which comprises more than 237 data centers across 65 metros and 27 countries.
In September, Equinix partners with Nokia (NOK - Free Report) and deployed a fully-functional 5G and Edge Technology Development Center. With a fully operational, non-standalone 5G network from Nokia, the center will help test and validate various 5G services and use cases.
Robust growth in cloud computing, the Internet of Things and big data, and a greater call for third-party IT infrastructure are spurring demand for data-center infrastructure. This uptrend is likely to be beneficial to Equinix and other data-center landlords like Digital Realty Trust (DLR - Free Report) .
Growth in artificial intelligence, autonomous vehicle and virtual/augmented reality markets is anticipated to be strong in five to six years. As an infrastructure provider for the rapidly-growing digital economy, Digital Realty is well placed for sustainable growth.
Shares of Equinix have gained 8.9% over the past six months, outperforming the industry's growth of 6.9%. EQIX currently carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Image Source: Zacks Investment Research
However, increased competition could prompt competitors to resort to aggressive pricing policies, making Equinix vulnerable to pricing pressure.