Alliances give Digital Realty clients enhanced connectivity to Singapore's Internet fabric
SINGAPORE, Jan. 15, 2014 /PRNewswire/ -- Digital Realty( http://www.digitalrealty.com ) Trust, Inc. (NYSE: DLR), a leading global provider of data centre solutions, today announced its partnership with the Singapore Internet Exchange (SGIX), a not-for-profit, open and neutral Internet Exchange, and BlueTel Networks, a facilities based, IDA-licensed operator, which provides local loop and backhaul connectivity for carrier-neutral data centres. The agreement will offer Digital Realty clients greater and more cost-effective connectivity options in Singapore.
"As the demand for a more open Internet Exchange environment grows, we are pleased to offer our clients an enhanced and alternate connectivity point in the west of Singapore," said Kris Kumar, Senior Vice President and Asia Pacific Regional Head at Digital Realty. "Cultivating strategic partnerships is critical to providing value-added data centre solutions to our clients."
The alliance with the Singapore Internet Exchange and BlueTel Networks includes an agreement to site a neutral peering point in Digital Realty's Singapore data centre, in addition to SGIX's two existing peering points in the East. Peering points on both sides of the country will enhance the overall performance of the Internet in Singapore.
"The partnership with Digital Realty will enable the growth of enhanced Internet services in Singapore. This partnership will also grow the membership base of SGIX with international content providers and operators, adding to the diversity of members we have today," explained Patrick Scodeller, Chairman of SGIX.
"The partnership with Digital Realty and SGIX will enable us to grow our customer base and provide cost effective solutions for both the connectivity to SGIX and other Carrier Neutral sites," said Wee Woon Tian, Managing Director of BlueTel Networks.
Singapore Internet Exchange (SGIX) is a not-for-profit, open and neutral Internet Exchange that serves to enhance the Internet environment for local and international IP traffic in Singapore. Multiple interconnected peering nodes throughout Singapore form the core of the Internet Exchange. This high-speed infrastructure plays an important role in deployment of services over the Internet by allowing the efficient exchange of traffic, reducing latency and thus ensuring sustainable performance for bandwidth-intensive services to be optimally delivered to the end-users. SGIX is self-regulated and the shared ownership concept ensures its alignment to the interests of its members. SGIX aims to deliver benefits to both service providers and content providers alike, building a community for the members, by the members.
BlueTel Networks Pte Ltd is a Facilities Based Operator (FBO) in Singapore Telecommunications market. BlueTel focuses on playing a complementary role to the existing local infrastructure operators. FBO authorization enables BlueTel to develop competitive inter-connectivity network infrastructure and services to encourage healthy competition in the telecommunications services. Today, BlueTel connects most of the carrier neutral datacenter and Cable Landing Stations in Singapore. BlueTel's customers consist of domestic and international companies including the dominant telecommunication carriers in other countries. Additional information about BlueTel can be found at BlueTel's website at www.bluetel.net.sg.
About Digital Realty
Digital Realty Trust, Inc. focuses on delivering customer-driven data center solutions by providing secure, reliable and cost-effective facilities that meet each customer's unique data center needs. Digital Realty's customers include domestic and international companies across multiple industry verticals ranging from financial services, cloud and information technology services, to manufacturing, energy, health care and consumer products. Digital Realty's 130 properties, including twelve properties held as investments in unconsolidated joint ventures, comprise approximately 23.8 million square feet as of September 30, 2013, including 2.8 million square feet of space held for development. Digital Realty's portfolio is located in 33 markets throughout North America, Europe, Asia and Australia. Additional information about Digital Realty is included in the Company Overview, which is available on the Investors page of Digital Realty's website athttp://www.digitalrealty.com.
Safe Harbor Statement
This press release contains forward-looking statements which are based on Digital Realty Trust, Inc.'s 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 agreement with Singapore Internet Exchange and BlueTel Networks, expected benefits to their customers, demand for open Internet exchanges, and strategic partnerships. These risks and uncertainties include, among others, the following: the impact of the recent deterioration in global economic, credit and market conditions, including the downgrade of the U.S. government's credit rating; current local economic conditions in its geographic markets; decreases in information technology spending, including as a result of economic slowdowns or recession; adverse economic or real estate developments in its industry or the industry sectors that it sells to (including risks relating to decreasing real estate valuations and impairment charges); its 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; its failure to obtain necessary debt and equity financing; increased interest rates and operating costs; risks associated with using debt to fund its business activities, including re-financing and interest rate risks, its failure to repay debt when due, adverse changes in its credit ratings or its breach of covenants or other terms contained in its loan facilities and agreements; financial market fluctuations; changes in foreign currency exchange rates; its inability to manage its growth effectively; difficulty acquiring or operating properties in foreign jurisdictions; its failure to successfully integrate and operate acquired or developed properties or businesses; the suitability of its properties and data center infrastructure, delays or disruptions in connectivity, failure of its physical infrastructure or services or availability of power; risks related to joint venture investments, including as a result of its lack of control of such investments; delays or unexpected costs in development of properties; decreased rental rates or increased vacancy rates; increased competition or available supply of data center space; its inability to successfully develop and lease new properties and space held for development; difficulties in identifying properties to acquire and completing acquisitions; its inability to acquire off-market properties; its inability to comply with the rules and regulations applicable to reporting companies; its failure to maintain its status as a REIT; possible adverse changes to tax laws; restrictions on its ability to engage in certain business activities; environmental uncertainties and risks related to natural disasters; losses in excess of its 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 Digital Realty Trust, Inc. with the U.S. Securities and Exchange Commission, including Digital Realty Trust, Inc.'s Annual Report on Form 10-K for the year ended December 31, 2012 and Quarterly Reports on Form 10-Q for the quarters ended March 31, 2013 and June 30, 2013. Digital Realty Trust, Inc. disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
For Additional Information:
Digital Realty Trust, Inc.
SOURCE Digital Realty