CoreSite Launches New Interconnection Product to Increase High-Speed Bandwidth Options for Customers

Rhea-AI Summary

CoreSite, part of American Tower Corporation (NYSE: AMT), has launched a new metro inter-site ethernet product with bandwidth options up to 100 Gbps. This offering enhances CoreSite's interconnection portfolio, allowing businesses to securely and efficiently connect networks, applications, and data in the same market. The service aims to address capacity constraints and facilitate regional expansion. CoreSite's interconnection solutions serve a diverse ecosystem of over 775 networks and cloud providers, promising improved performance and reduced total cost of ownership.

Positive

• Launch of new metro inter-site ethernet product with bandwidth options of 1 Gbps, 10 Gbps, and 100 Gbps.
• Enhances interconnection offerings, providing businesses with secure and efficient connectivity solutions.
• Addresses capacity constraints, enabling customers to expand within regions or new markets.
• Supports a diverse ecosystem of over 775 networks and cloud providers.
• Focus on reducing total cost of ownership for customers.

Negative

• None.

Metro Inter-site Ethernet Offers up to 100 Gbps for Same Market Connectivity

DENVER--(BUSINESS WIRE)-- CoreSite, a leading hybrid IT solutions provider and subsidiary of American Tower Corporation (NYSE: AMT) (“American Tower”), today announced the release of 100G bandwidth availability for the company’s metro inter-site product. This expanded solution in CoreSite’s interconnection portfolio enables businesses to integrate and securely scale their critical IT infrastructure by connecting network, applications and data in the same market.

While CoreSite’s colocation solutions provide a central meeting place for networks, clouds and enterprises to house their physical infrastructure and efficiently exchange traffic with one another, the company’s interconnection services are the physical connections between those companies that enable this exchange of data.

CoreSite’s inter-site and inter-market connectivity offers a range of service options and a virtual extension between data center sites, allowing customers to overcome capacity or network access constraints at their original data center and grow within a region or expand to new regions. The new metro inter-site ethernet product enables customers to have high-speed bandwidth options required for connectivity in the same market including one Gbps, 10 Gbps and 100 Gbps.

“The launch of CoreSite’s metro inter-site product demonstrates our commitment to deliver on a product roadmap designed to give a wide range of customers innovative connectivity solutions that increase performance and efficiency while reducing total cost of ownership (TCO),” said Matt Senderhauf, VP of Interconnections Strategy and Product Management at CoreSite. “Over the years, CoreSite has built a robust IT solution nexus that provides enterprises with a variety of secure, reliable interconnection options within an ecosystem of more than 775 networks, cloud and IT service providers residing in our data centers.”

CoreSite’s suite of interconnection solutions includes:

• Blended IP – With single connections for traditional connectivity and fully redundant connections for mission-critical applications, blended IP offers a quick setup and flexible bandwidth options, which is an ideal solution for production level internet requirements.
• Cross connects – Cross connects are physical cables that allow customers to easily make direct connections to networks, cloud providers and other business partners within CoreSite’s data centers. CoreSite’s cross connect products provide access to a dynamic ecosystem of customer networks, facilitating traffic exchange – reinforcing network resiliency and enabling disaster recovery.
• Direct connect services to leading public clouds – CoreSite offers 23 “native cloud onramps” or direct connections to leading cloud services such as AWS Direct Connect, Google Cloud Platform, Microsoft Azure ExpressRoute, Alibaba Cloud, Oracle FastConnect and IBM Cloud Direct Link that enhance security and reliability, improve performance and lower costs.
• Peering exchanges – The Any2Exchange^® for internet peering has more than 450 members nationwide and is also among the largest internet exchanges on the West Coast and in the Rocky Mountain region. Additionally, the company partners with top internet exchanges, including AMS-IX, DE-CIX, LINX, NYIIX, United IX and BBIX, offering customers interconnection and peering options natively within CoreSite’s data center locations.
• Open Cloud Exchange® (OCX) – The leading interconnection platform provides superior connectivity and a robust and interconnected partner ecosystem needed to reach new markets, rapidly scale on-demand, reduce TCO and accelerate IT modernization. The OCX is a nationwide software-defined network, enabling private virtual connections for rapid site-to-site and multicloud connectivity.

Related Resources:

• Learn more about the Open Cloud Exchange®
• See why businesses partner with CoreSite
• Learn more about CoreSite's data center markets

About CoreSite

CoreSite, an American Tower company (NYSE: AMT), provides hybrid IT solutions that empower enterprises, cloud, network, and IT service providers to monetize and future-proof their digital business. Our highly interconnected data center campuses offer a native digital supply chain featuring direct cloud onramps to enable our customers to build customized hybrid IT infrastructure and accelerate digital transformation. For more than 20 years, CoreSite’s team of technical experts have partnered with customers to optimize operations, elevate customer experience, dynamically scale, and leverage data to gain competitive edge. For more information, visit CoreSite.com and follow us on LinkedIn and Twitter.

Forward-Looking Statements

This press release may contain forward-looking statements within the meaning of the federal securities laws. Forward-looking statements relate to expectations, beliefs, projections, future plans and strategies, anticipated events or trends and similar expressions concerning matters that are not historical facts. In some cases, you can identify forward-looking statements by the use of forward-looking terminology such as “believes,” “expects,” “may,” “will,” “should,” “seeks,” “approximately,” “intends,” “plans,” “pro forma,” “estimates” or “anticipates” or the negative of these words and phrases or similar words or phrases that are predictions of or indicate future events or trends and that do not relate solely to historical matters. Forward-looking statements involve known and unknown risks, uncertainties, assumptions and contingencies, many of which are beyond CoreSite’s control that may cause actual results to differ significantly from those expressed in any forward-looking statement. All forward-looking statements reflect CoreSite’s good faith beliefs, assumptions and expectations, but they are not guarantees of future performance. Furthermore, CoreSite disclaims any obligation to publicly update or revise any forward-looking statement to reflect changes in underlying assumptions or factors, of new information, data or methods, future events or other changes. For a further discussion of these and other factors that could cause CoreSite’s future results to differ materially from any forward-looking statements, see the section entitled “Risk Factors” in American Tower’s most recent annual report on Form 10-K, and other risks described in documents subsequently filed by American Tower from time to time with the Securities and Exchange Commission.

View source version on businesswire.com: https://www.businesswire.com/news/home/20221004005230/en/

CoreSite Contact

Megan Ruszkowski

Vice President of Marketing

720-446-2014

Megan.Ruszkowski@CoreSite.com

Source: CoreSite

FAQ

What is the new product launched by CoreSite related to American Tower Corporation (AMT)?

CoreSite has launched a metro inter-site ethernet product that offers bandwidth options up to 100 Gbps.

How does CoreSite's new product benefit businesses?

The new product allows businesses to securely connect networks, applications, and data within the same market, enhancing performance and scalability.

What bandwidth options are available with CoreSite's metro inter-site ethernet product?

The available bandwidth options include 1 Gbps, 10 Gbps, and 100 Gbps.

How many networks and cloud providers does CoreSite's ecosystem support?

CoreSite supports a diverse ecosystem of over 775 networks and cloud service providers.

What is the goal of the new metro inter-site ethernet product from CoreSite?

The product aims to provide innovative connectivity solutions that enhance performance while reducing total cost of ownership.