Agreement With KPN Royal Dutch Telecom.Business Editors MONTREAL--(BUSINESS WIRE)--Feb. 9, 2000 (ME:BDG BDG Building (usually seen as BLDG) BDG Budget BDG Binding BDG Bundaberg (Queensland, Australia) BDG Blanding, Utah (airport code) BDG Batten's Disease Gene .) Three-year agreement with KPN KPN Koninklijke PTT Nederland (Royal Dutch Telecom) KPN Konfederacja Polski Niepodleglej (Polish conservative party) Royal Dutch Telecom BridgePoint International has signed a letter of intent for co-location services with KPN Royal Dutch Telecom, the first customer for its recently-announced New York City New York City: see New York, city. New York City City (pop., 2000: 8,008,278), southeastern New York, at the mouth of the Hudson River. The largest city in the U.S. co-location facility See telecom hotel. . The two companies will finalize a three-year service agreement in the coming weeks where KPN would occupy more than 15 % of the available co-location space. BridgePoint's 8,400 sq. ft. New York City co-location centre its first in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. -- will be operational in March 2000. It is located in the New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of Telecom Exchange at 75 Broad Street, an important telecommunications hub. BridgePoint currently operates independent housing and co-location centres in Montreal, Toronto and Vancouver, and plans to open 16 more in North America and internationally over the next two years. BridgePoint's expansion into the United States is in line with its international growth strategy as a carrier-neutral provider of outsourcing and co-location services. Under a partnership agreement with Ericsson, under which BridgePoint will install also Transgate International AXE switches in several of its co-location facilities, including New York City. This equipment, developed exclusively for BridgePoint, accelerates time to market for customers and provides them with major savings in capital investment and operating costs. AXE switches on BridgePoint's premises will all be connected to Ericsson's network operations centre, providing customers with additional security and support. &uot;This agreement with KPN is a major step in building our American presence. We are extremely pleased to establish a business relationship with such an industry leader,&uot; said Ren Arbic, Chief Executive Officer of BridgePoint International (USA) Inc. KPN, the telecommunications market leader in the Netherlands through its KPN Telecom brand, is pursuing an international growth strategy to compensate for increased competition in its domestic market resulting from market liberalization lib·er·al·ize v. lib·er·al·ized, lib·er·al·iz·ing, lib·er·al·iz·es v.tr. To make liberal or more liberal: "Our standards of private conduct have been greatly liberalized . . . . BridgePoint is an emerging leader in the development and delivery of central office outsourcing services through independent co-location facilities, Virtual Gateway Systems and technical support. BridgePoint's mission is to provide the telecommunications and Internet industry with flexible, secure and cost-effective solutions for networking facilities and technical support services support services Psychology Non-health care-related ancillary services–eg, transportation, financial aid, support groups, homemaker services, respite services, and other services . NO REGULATORY AUTHORITY HAS APPROVED OR DISAPPROVED THE CONTENT OF THIS RELEASE |
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