Guy Willner, co-founder and CEO of IXEurope (now Equinix Europe), has joined the board of Teraco Data Environments.
Willner has also invested in the company alongside leading international and local shareholders including black-owned South African private equity group, Treacle Private Equity and UK industrialist Sir Peter Michael.
"I'm excited to be involved with Teraco. South Africa¹s telecoms is now at a similar stage of liberalisation as Europe was when we started IXEurope, opening up a new world of opportunity for businesses to connect cost effectively and reliably," says Willner. "Carriers and service providers will increasingly see the value of a neutral point to interconnect their networks and do business. The time is now right to create a real home for the Internet in South Africa and I believe the Teraco management have addressed the opportunity in the right way.
"The team is very competent, focused on being the highest quality player in the market and is already well on track to building a very successful business. I look forward to working closely with the team on this exciting project."