Chunghwa Telecom Global Expands North American Network with CoreSite
Bi-coastal network service expansion to enhance global media and enterprise communities in the CoreSite Mesh
DENVER, May 16, 2013 /PRNewswire/ -- CoreSite, a premier provider of network-dense, cloud-enabled data center solutions and the CoreSite Mesh, today announced that Chunghwa Telecom Global (CHT Global) is expanding its presence with CoreSite across North America. CHT Global, a U.S. subsidiary of Taiwan's largest telecom provider, is extending its network to CoreSite's One Wilshire campus in Los Angeles and establishing a new east coast hub at CoreSite's Northern Virginia facility.
The bi-coastal deployment will boost CHT Global's service offerings, connectivity options and coverage in North America. It will enable CHT Global to deliver coast to coast U.S. connectivity to its customers in Asia and further increase the company's global carrier footprint. CoreSite's customers will benefit from an enhanced gateway to the Asia Pacific region, direct connections to CHT Global's service offerings, and an expanded community of global media and finance companies through the CoreSite Mesh.
"Extending our network with CoreSite lets us provide our customers with the services they want and need to grow their businesses internationally," said Joe Yang, president, CHT Global. "CoreSite's data center campuses supply connectivity, flexibility and scale that will help set our services apart, while its CoreSite Mesh community will offer a unique new marketplace to our global customers."
By expanding its network across CoreSite's One Wilshire campus, CHT Global and its customers will gain access to over 180 networks and a community of 72 cloud and 55 content providers. The campus provides global connectivity, particularly to the Asia Pacific region, and powers interconnection across the ecosystem of media and entertainment firms, gaming companies, social networking sites, and enterprises in Los Angeles and across the country. Additionally, by deploying in CoreSite's Reston data center campus, CHT Global will be strategically located along rich fiber routes and connectivity across Northern Virginia and Washington, DC, including immediate access to over 50 networks and service providers and communities of cloud providers, financial organizations, and other enterprises.
"We're delighted to work with CHT Global to expand their footprint in our data centers across North America," said Jarrett Appleby, COO, CoreSite. "Today's announcement enhances our CoreSite Mesh ecosystem and provides our community of customers throughout North America with access to new business opportunities across Asia Pacific. We are helping spur growth for our customers, both domestically and abroad."
About CHT Global
CHT Global (Chunghwa Telecom Global, Inc.) is a global telecommunication solutions provider. As the wholly owned U.S. subsidiary of Taiwan's largest telecom, Chunghwa Telecom Co., LTD. (NYSE: CHT), CHT Global has helped numerous multinational enterprises achieve their targeted goals while reducing customer side complexity by providing industry leading multi-site network solutions through its global backbone infrastructure and world-class service. For more information, visit www.chtglobal.com.
CoreSite Realty Corporation (NYSE: COR) propels customer growth and long-term competitive advantage by connecting Internet, private networking, mobility, and cloud communities within and across its fifteen high-performance data center campuses and through the CoreSite Mesh. More than 750 of the world's leading carriers and mobile operators, content and cloud providers, media and entertainment companies, and global enterprises choose CoreSite to run their performance-sensitive applications and to connect and do business with each other. With direct access to more than 275 carriers and ISPs, North America inter-site connectivity and the nation's first Open Cloud Exchange that provides access to the "most lit" buildings and cloud "on-ramps," CoreSite provides easy, efficient and valuable gateways to global business opportunities. For more information, visit www.CoreSite.com.
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. These risks include, without limitation: the geographic concentration of CoreSite's data centers in certain markets and any adverse developments in local economic conditions or the demand for data center space in these markets; fluctuations in interest rates and increased operating costs; difficulties in identifying properties to acquire and completing acquisitions; significant industry competition; CoreSite's failure to obtain necessary outside financing; CoreSite's failure to qualify or maintain its status as a REIT; financial market fluctuations; changes in real estate and zoning laws and increases in real property tax rates; and other factors affecting the real estate industry generally. 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 CoreSite's most recent annual report on Form 10-K, and other risks described in documents subsequently filed by CoreSite from time to time with the Securities and Exchange Commission.
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