January 24, 2018
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Colt's connectivity services to turbocharge data access for Digital Realty customers
SINGAPORE, Jan. 24, 2018 /PRNewswire/ -- Digital Realty (NYSE:DLR, news, filings), a leading global provider of data center, colocation and interconnection solutions, announced today the addition of significant new connectivity services to its Singapore facilities from Colt Technology Services (Colt), a world-class, global high-bandwidth network and voice services provider. With connections to most of the submarine cables landing in Singapore, Colt provides reliable and high-quality networks for Digital Realty's data centers in East and West Singapore.
"Digital transformation is going to be a key driver for Singapore's future economy," said Krupal Raval, CFO, Asia Pacific for Digital Realty. "The government has set aside S$2.4 billion over four years to transform the local economy by helping businesses go digital. As a result, we expect to see growing requirements for high-speed data connectivity from organisations throughout the city-state. Tapping into Colt's strong coverage in Singapore, we are able to cater to these growing needs for our customers."
"We are excited to support Digital Realty's strategy of providing high-bandwidth solutions to its customers in Singapore and across the Asia Pacific region," said Warren Aw, Director of Sales at Colt Technology Services. "With IP traffic in the region set to grow three-fold to 67.8 exabytes per month, we are pleased to add a world-class provider to our data center network."
Colt's wide range of connectivity services, including Colt Wave, Colt Ethernet Line, Ethernet Hub and Spoke, Ethernet VPN and AWS Direct Connect are now live and accessible to customers in Digital Realty's Loyang (East) and Jurong (West) Data Centers in Singapore.
About Digital Realty
Digital Realty supports the data center, colocation and interconnection strategies of more than 2,300 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. For more information, visit www.digitalrealty.asia, follow us on Twitter at @DigitalAPAC or see our blog at https://apac.digitalrealty.com.
For Additional Information
Andrew P. Power
Chief Financial Officer
Omer M. Wilson
Senior Director of Marketing
+65 6505 3951
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 the expected benefits and timing of connectivity services with Colt Technology Services in our Singapore Data Centers. These risks and uncertainties include, among others, the following: the impact of current global economic, credit and market conditions; current local economic conditions in the metropolitan areas in which we operate; 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 and information security 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; the impact of the United Kingdom's referendum on withdrawal from the European Union on global financial markets and our business; our inability to comply with the rules and regulations applicable to reporting companies; 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 for the year ended December 31, 2016 and Quarterly Reports on Form 10-Q for the quarters ended March 31, 2017, June 30, 2017 and September 30, 2017. 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.
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SOURCE Digital Realty