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home / articles / XLY - Amazon Partners With Orange To Launch Cloud Services In Morocco And Senegal: Report | Benzinga


XLY - Amazon Partners With Orange To Launch Cloud Services In Morocco And Senegal: Report | Benzinga

Amazon.com Inc (NASDAQ:AMZN) and French telecommunications company Orange (NYSE:ORAN) reportedly have entered into a new partnership to introduce cloud computing services in Morocco and Senegal through Amazon’s AWS Wavelength platform.

This marks the first time these services will be available in countries without physical AWS infrastructure, such as data centers, reported Reuters.

Instead, Orange will host these services in its own facilities, expanding AWS’s reach across the African continent.

The increasing need for faster computing solutions from sectors such as banking, telecommunications, and healthcare is driving cloud operators to Africa, the report noted.

Citing data from Statista, Reuters noted that the cloud market in ...

Full story available on Benzinga.com

Stock Information

Company Name: SPDR Select Sector Fund - Consumer Discretionary
Stock Symbol: XLY
Market: NYSE

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