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Telefonica Selects LightSpeed Miami Center for Major U.S. Facility; Facility Will be Telefonica Data's First U.S. Data Center.


Business Editors/High-Tech Writers

HOLLYWOOD, Fla.--(BUSINESS WIRE)--March 27, 2001

Telefonica DataCorp, a unit of Spanish telecom giant Telefonica S.A., one of the world's largest telecommunications service providers, has signed a lease with Lightspeed Infrastructure LLC (Logical Link Control) See "LANs" under data link protocol.

LLC - Logical Link Control
 for space at Lightspeed Miami Center The Miami Center is a skyscraper in downtown Miami, Florida. Although not even close to being one of that city's tallest buildings, it is a symbol of early downtown. Built in 1983, it is older compared with most of the taller buildings in Miami, which have been built in the last  (formerly known as "Beacon Tradeport") in West Miami-Dade County.

Telefonica DataCorp will lease an entire 173,000 square foot building at the Lightspeed Miami Center to house the company's first data center 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. . The facility will house communications equipment used to host e-commerce and Internet web sites. The two-story building is currently under construction and scheduled to be completed by the end of this year.

Telefonica, the leading telecommunications provider in the Spanish and Portuguese speaking world, is Spain's largest company, with more than $20.3 billion in annual revenues. Through its affiliate companies in Spain and Latin America Latin America, the Spanish-speaking, Portuguese-speaking, and French-speaking countries (except Canada) of North America, South America, Central America, and the West Indies. , Telefonica reaches a market of more than 300 million customers, providing services such as fixed and mobile telephony, data transmission, pay TV and Internet access See how to access the Internet. .

Other major tenants of Lightspeed Miami Center are Exodus Communications Exodus Communications was a high-flying internet hosting and service provider to dot-com businesses that went broke along with their customers. Exodus inception
Exodus was founded in 1992 as Fouress, Inc., and reincorporated in 1994 to Exodus Communications.
, the largest provider of complex Internet hosting services for enterprises dependent upon Internet operations, and one of the four nodes of the BellSouth MIX (Multimedia Intermedia Intermedia - A hypertext system developed by a research group at IRIS (Brown University).  Exchange).

"LightSpeed Miami Center is the only location in the Southern U.S. that fits our demanding criteria in terms of connectivity and Category Five hurricane resistance," said Eduardo Gomez-Leal, Telefonica Data hosting business manager. "It was extremely important that our first data center in the U.S. be located in a superior structure and within a leading technology park."

"With this agreement," said Gomez-Leal, "Telefonica DataCorp has taken an important step in our strategy of providing data services to the corporations of the New Economy and of further expanding our global presence. We're delighted to work with a company like Lightspeed."

"Telefonica is the premier telecom company serving Latin America and Spain, and it's an extraordinary statement that they chose a LightSpeed location for their entree into the U.S. data market," said Michael J. Swerdlow, Chairman and Chief Executive of LightSpeed Infrastructure and Swerdlow Group. "With this lease, LightSpeed Miami Center is on its way to becoming the `Internet Infrastructure Gateway to the Americas'."

Telefonica DataCorp's building is designed to withstand a category five hurricane (sustained wind speeds of 155 miles per hour, with wind gusts up to 200 miles per hour). It will also contain reliable, redundant power supply from multiple power grids.

Other LightSpeed Centers currently under development include: LightSpeed Gateway Center in the Coral Gables Coral Gables, city (1990 pop. 40,091), Miami-Dade co., SE Fla., SW of Miami; inc. 1925. Founded at the height of the Florida land boom, Coral Gables is a noted planned city, with tree-lined boulevards and Mediterranean-style buildings.  area of Miami; LightSpeed Ft. Lauderdale Center at I-95 and Cypress Creek Road, and; LightSpeed Silicon Valley, just two miles from the Metropolitan Area Ethernet See MAE.  (MAE (1) (Metropolitan Area Exchange) Originally known as Metropolitan Area Ethernets, MAEs are junction points on the Internet where data is exchanged between carriers. See IXP and NAP.  West) in the heart of Silicon Valley.

About Telefonica DataCorp

Telefonica DataCorp, a subsidiary of the Telefonica group, is a leading supplier of global telecommunications services. It is currently in the process of rapid international expansion, developing businesses in countries such as Argentina, Brazil, Chile, Colombia, Uruguay, Peru, Mexico, Puerto Rico Puerto Rico (pwār`tō rē`kō), island (2005 est. pop. 3,917,000), 3,508 sq mi (9,086 sq km), West Indies, c.1,000 mi (1,610 km) SE of Miami, Fla.  and other Latin American countries and the United States. Telefonica DataCorp is also present in Spain and other European countries such as Austria or Italy.

About Telefonica

Telefonica, S.A. is the world's leading telecom operator in Spanish-and Portuguese-speaking countries, where it has a potential market of over 550 million people, of whom more than 60 million are already clients. With revenues of 20,754.6 million (currency of Spain) in the first nine months of 2000, it is Spain's top multinational in market capitalization Market Capitalization

A measure of a public company's size. Market capitalization is the total dollar value of all outstanding shares. It's calculated by multiplying the number of shares times the current market price. This term is often referred to as market cap.
 and one of the world's biggest telecom companies. Telefonica provides services in 40 countries, through subsidiaries in Latin America, Europe, the United States, Africa and Asia. The company provides integrated solutions covering all areas of communications including fixed-line, mobile, Internet, data, and pay-TV, with services available to clients ranging from large multinationals to residential customers.

The company has more than one million direct shareholders. Besides listing on the Spain's four stock markets (Madrid, Barcelona, Bilbao and Valencia) Telefonica shares are traded on the London, Paris, Frankfurt, Tokyo, 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
, Buenos Aires, Sao Paulo and Lima bourses as well as the London stock market's SEAQ SEAQ

See: Stock Exchange Automated Quotation System
 International share quotation system.

About LightSpeed

LightSpeed Infrastructure is a subsidiary of LightSpeed Capital, a company controlled the Swerdlow Group. It provides technologically advanced real estate infrastructure for the new economy by developing world-class, carrier neutral telecommunication and collocation facilities. Its developments serve the rapidly expanding needs of a broad range of telecom companies, web hosts, ISPs, ASPs and general businesses with high-tech real estate requirements. The company is presently developing numerous projects throughout North America. LightSpeed is headquartered in Hollywood, Florida.

About Lightspeed Miami Center

Lightspeed Miami Center is a state-of-the-art telecom park located on over 100 acres, just west of the Miami International Airport Miami International Airport (IATA: MIA, ICAO: KMIA, FAA LID: MIA) is a public airport located eight miles (13 km) northwest of the central business district of Miami, in unincorporated Miami-Dade County, Florida, United States. . The project, the first and largest secured and controlled environment of its kind in South Florida, will encompass more than three million square feet of space.

The Lightspeed Miami Center is anchored by Exodus Communications, the world's leading web hosting company, for whom LightSpeed built a 340,000 square foot, Category 5 Internet Data Center. In addition, BellSouth has announced, and construction has begun, on one of the nodes of BellSouth's Miami NAP or Florida Multimedia Internet Exchange (MIX). The BellSouth MIX will be operational by June 2001 and includes UUNet and Qwest as carrier partners. And Telefonica Data has leased a 173,000 square foot Internet Data Center and Network Operations Center See NOC.

Network Operations Center - (NOC) A location from which the operation of a network or internet is monitored. Additionally, this center usually serves as a clearinghouse for connectivity problems and efforts to resolve those problems.
 at the Miami Center as well.

The Lightspeed Miami Center has a unique underground telecommunications network providing high speed SONET and Gigabit-Ethernet connectivity between each of the buildings at the park and to the meet-me room. The Miami Center includes the highest degrees of security and connectivity, while also accommodating tenant growth into future buildings. The Center is located four miles west of Miami International Airport and adjacent to Florida's Turnpike.
COPYRIGHT 2001 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2001, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Geographic Code:4EUSP
Date:Mar 27, 2001
Words:983
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