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traffic, which includes GTS traffic plus over 100 other major
This facility, along with other GTS hosting and co-location sites around Europe, provides state-of-the-art facilities to securely house mission-critical equipment, applications and content of businesses, ISPs, applications service providers (ASPs) and carriers.
This service will be available to GTS wholesale, carrier and business customers.
Under the agreement, GTS will provide epicRealm with cross-border IP bandwidth across Europe on GTS Ebone, the company's IP backbone network.
GTS anticipates placing orders for CIENA systems valued at approximately $100 million for the build-out of its network.
Nemirovsky will have overall international responsibility for the design and development of GTS "on-net" Web hosting centers, providing Web hosting products and services to Web-centric businesses, including applications service providers (ASPs), ISPs, portals and content providers, as well as to GTS corporate and SME customers.
Brian Thompson, chairman and chief executive officer of GTS, commented: "By extending, through our CENs, the reach of our trans-European network deep into cities across Europe, we are not only expanding our addressable market but adding significant value to our existing customer base of carriers, service providers and businesses in these markets.
GTS to provide connectivity in additional points of presence in
Ten years after the Berlin Wall came down, we are helping bring down the bandwidth wall that has separated Central from Western Europe," said Erik Neraal, vice president of strategic marketing at GTS Carrier Services, during a keynote address at the EuroCarrier's Carrier conference in Vienna today.
Brian Thompson, chairman and chief executive officer of GTS, commenting on the decision to list on the New York Stock Exchange, said: "The move to the NYSE marks an important milestone in the evolution of GTS as a company.
As in the original project terms, GTS is investing $100 million in equity in the joint venture.
The gigabit IP backbone allows GTS to carry IP traffic at 2.
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