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West African Startup MainOne To Get Acquired By Equinix For $320M

To expand its horizons, Equinix has acquired West African telecommunication service and network solutions provider, MaineOne. TechCrunch reports the $320 million acquisition is projected to close in the first quarter of 2022. The news follows a year after Equinix acquired GPX India for $161 million and Bell Canada for $780 million back in June 2020. Now, Equinix firmly believes its newest acquisition in Nigeria, Ghana, and the Ivory Coast will be a preliminary step to solidify its presence as an African digital infrastructure company. “The acquisition of MainOne will represent a critical point of entry for Platform Equinix into the expansive and rapidly growing African market. MainOne’s leading interconnection position and experienced management team represent critical assets in our aspirations to be the leading neutral provider of digital infrastructure in Africa,” said Charles Meyers, the president and CEO of Equinix, in a statement, according to TechCrunch. “MainOne’s...

Dec 7, 2021

How Scientist Dr. Shirley Ann Jackson Broke Barriers to Become a Telecommunications Visionary

There are many Black women in STEM who are not often recognized for their groundbreaking innovations, but Dr. Shirley Ann Jackson is one who spent a lifetime breaking glass ceilings for her community to change that notion. Born in Washington D.C. back in 1946, Dr. Jackson — known as a renowned physicist and university president — grew up spurring an interest in science as a child and her parents helped nurture that throughout her educational career, according to The History Makers. After attending accelerated math and science classes at Roosevelt High School and graduating as valedictorian, she went off to pursue a degree in Physics at Massachusetts Institute of Technology (MIT). She was among the first handful of Black students at MIT and became the first Black woman to receive her doctorate from the university. Her determination to break barriers and promote social justice motivated her to organize MIT’s Black Student Union, where she helped increase the number of Blacks students...

Feb 23, 2021

A 24-Year-Old's Telecommunications Company Is Now Valued At $5.9 Million

Phone bills can get outrageously high as fees tag on throughout the month. That’s why 24-year-old Chaymeriyia Moncrief started her own telecommunications company to help customers avoid unexpected fees with their bills. Tesix Wireless launched in December to give customers more transparent billing. “You go in and they say your phone bill is going to be $98, but you are getting a $150 or $200 bill. I think the final straw for me was a $235 bill, and that is when I said I want my own company,” Moncrief said to WSFA 12 News . The company currently offers prepaid services, but Moncrief plans to expand in the coming years. Tesix Wireless offers four phone plans ranging from $25 to $60 per month. Each plan includes unlimited talk, text and 4G data. The $45 and $60 plans also include at least three months of free Netflix when users sign up. Entrepreneurship is not new to Moncrief — during her teenage years, she started her own branding and design company, Sxteen Design Studio. Moncrief...

Jan 14, 2019