New Subsea Cable System to Enhance Transatlantic Capacity and Reliability
San Francisco, November 2, 2015 – Digital Realty Trust, Inc. (NYSE: DLR), a leading global provider of data center solutions, announced today that it is partnering with Aqua Comms Limited (Aqua Comms), a provider of scalable, subsea capacity-based network solutions, in deploying its new transatlantic fiber optic system, America Europe Connect (AEConnect). Spanning more than 5,400 kilometers across the Atlantic Ocean, between Long Island and the west coast of Ireland, with stubbed branching units for future landings, AEConnect is currently expected to be available in Digital Realty’s data center at 32 Avenue of the Americas by the end of 2015, and the company plans to expand availability to its two other New York facilities at 111 8th Avenue and 60 Hudson Street as well. The subsea cable features the latest technology of 130 gigabits per second by 100 gigabits per second, per fiber pair, which will provide low-latency connectivity from New York to London and beyond to greater Europe.
“Digital Realty’s combination of 60 Hudson Street, 111 8th Avenue and 32 Avenue of the Americas creates a market-leading trifecta for data center and colocation services in the New York metropolitan area,” said Anthony Rossabi, Senior Vice President & Managing Director, Telx. “With AEConnect linking New York and London, we are excited to offer enterprises, carriers and mobile operators access to private network bandwidth between two of the largest commercial centers in the world.”
Aqua Comms’ AEConnect is part of the new generation of subsea cable systems connecting New York and London that represent an update of the systems built nearly 15 years ago. It is expected to revolutionize connectivity between North America and Europe, leveraging the latest software-defined network (SDN) technology to provide global data centers, cloud-based networks and content providers with low-latency and high-reliability solutions to satisfy their growing transatlantic capacity requirements.
“We are excited about this collaboration as Digital Realty’s global footprint and unique ecosystem of open solutions will allow us to meet the continuously increasing demand for reliable, high-capacity connectivity between North America and Europe,” said Greg Varisco, Chief Operations Officer at Aqua Comms. “Digital Realty offers cutting edge data center solutions in the New York metropolitan area and beyond, which will allow our customers to extend existing networks and expand into new markets.”
About Digital Realty
Digital Realty Trust, Inc. supports the data center and colocation strategies of more than 1,000 firms across its secure, network-rich portfolio of data centers located throughout North America, Europe, Asia and Australia. Digital Realty’s clients include domestic and international companies of all sizes, ranging from financial services, cloud and information technology services, to manufacturing, energy, gaming, life sciences and consumer products. www.digitalrealty.com
For Additional Information:
Digital Realty Trust, Inc.
+1 (415) 848-9456
About Aqua Comms Limited
Aqua Comms Limited (Aqua Comms) is the owner and operator of the transatlantic cable AEConnect and the Irish Sea cable CeltixConnect, and was established to build, acquire or merge with subsea fiber optic cable networks to provide capacity networking solutions to the global media, content providers and IT companies. To learn more about Aqua Comms and its new transatlantic subsea cable system, AEConnect, visit www.AquaComms.com.
For Additional Information:
Aqua Comms Limited
iMiller Public Relations for Aqua Comms Limited
+1 (866) 307-2510
Safe Harbor Statement
This press release contains forward-looking statements which are based on current expectations, forecasts and assumptions that involve risks and uncertainties that could cause actual outcomes and results to differ materially, including statements related to Digital Realty’s partnership with Aqua Comms and Aqua Comms’ fibre optic systems. These risks and uncertainties include, among others, the following: the impact of current global economic, credit and market conditions; current local economic conditions in our geographic markets; decreases in information technology spending, including as a result of economic slowdowns or recession; adverse economic or real estate developments in our industry or the industry sectors that we sell to (including risks relating to decreasing real estate valuations and impairment charges); our dependence upon significant tenants; bankruptcy or insolvency of a major tenant or a significant number of smaller tenants; defaults on or non-renewal of leases by tenants; our failure to obtain necessary debt and equity financing; risks associated with using debt to fund our business activities, including re-financing and interest rate risks, our failure to repay debt when due, adverse changes in our credit ratings or our breach of covenants or other terms contained in our loan facilities and agreements; financial market fluctuations; changes in foreign currency exchange rates; our inability to manage our growth effectively; difficulty acquiring or operating properties in foreign jurisdictions; our failure to successfully integrate and operate acquired or developed properties or businesses; the suitability of our properties and data center infrastructure, delays or disruptions in connectivity, failure of our physical infrastructure or services or availability of power; risks related to joint venture investments, including as a result of our lack of control of such investments; delays or unexpected costs in development of properties; decreased rental rates, increased operating costs or increased vacancy rates; increased competition or available supply of data center space; our inability to successfully develop and lease new properties and development space; difficulties in identifying properties to acquire and completing acquisitions; our inability to acquire off-market properties; our inability to comply with the rules and regulations applicable to reporting companies; our failure to maintain our status as a REIT; possible adverse changes to tax laws; restrictions on our ability to engage in certain business activities; environmental uncertainties and risks related to natural disasters; losses in excess of our insurance coverage; changes in foreign laws and regulations, including those related to taxation and real estate ownership and operation; and changes in local, state and federal regulatory requirements, including changes in real estate and zoning laws and increases in real property tax rates. For a further list and description of such risks and uncertainties, see the reports and other filings by the Company with the U.S. Securities and Exchange Commission, including the Company’s Annual Report on Form 10-K, as amended, for the year ended December 31, 2014 and Quarterly Reports on Form 10-Q for the quarters ended March 31, 2015 and June 30, 2015. The Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.