Equinix reports 2Q23 results; interconnection optimizations, APAC leasing, development activity
Equinix reported its 2Q23 results, which reflected strength in its pricing environment along with notable declines in physical cross-connect adds as customers continue to groom and optimize their interconnection footprint with customers upgrading from 10 to 100 gig connections. Management maintained that it is still seeing a solid demand pipeline heading into the back half of the year.
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