American Tower Corporation Reports First Quarter 2024 Financial Results
Retrieved on:
Tuesday, April 30, 2024
Key Points:
NYSE:AMT
Oxide Computer Company Transforms Hyperscale-Grade Cloud Infrastructure Leveraging CoreSite’s Data Center Solutions
Retrieved on:
Tuesday, April 23, 2024
Technology, Carriers and Services, Other Technology, Telecommunications, Networks, Internet, Hardware, IOT (Internet of Things), Artificial Intelligence, Cloud, Eclipse, Ecosystem, IP, American Tower, Software, Partnership, Intel Capital, CoreSite, Cloud computing, Entrepreneurship, Silicon, AC, Video game
CoreSite, a leading hybrid IT solutions provider and subsidiary of American Tower Corporation (NYSE: AMT) (“American Tower”), today announced partnership with Oxide Computer Company , the creator of the world’s first commercial Cloud Computer, to leverage colocation solutions at CoreSite's Silicon Valley SV2 data center.
Key Points:
- CoreSite, a leading hybrid IT solutions provider and subsidiary of American Tower Corporation (NYSE: AMT) (“American Tower”), today announced partnership with Oxide Computer Company , the creator of the world’s first commercial Cloud Computer, to leverage colocation solutions at CoreSite's Silicon Valley SV2 data center.
- CoreSite's highly interconnected SV2 data center and blended IP service enable Oxide to facilitate the network performance and flexibility essential to modern data volume transport and quick setup.
- Oxide’s Cloud Computer can also achieve high performance and efficiency using CoreSite's colocation solutions and data center campus' robust ecosystem with hundreds of cloud, network and IT providers and enterprises.
- “The Oxide Cloud Computer empowers developers to build, run and operate any application with enhanced security, latency and control.
CoreSite Helps Customers Accelerate Artificial Intelligence Adoption as NVIDIA DGX-Ready Data Center Partner
Retrieved on:
Tuesday, April 9, 2024
Technology, Carriers and Services, Other Technology, Telecommunications, Networks, Internet, Hardware, IOT (Internet of Things), Artificial Intelligence, Certification, Organization, CH2, GPU, Natural language processing, Deep learning, SVP, CoreSite, Artificial intelligence, Data science, AI, VA3, DGX, API, Machine learning, American Tower, NVIDIA, Government
By choosing to host their NVIDIA DGX ™ infrastructure with CoreSite, customers can benefit from a national portfolio of high-density-powered data center campus environments for NVIDIA AI and high-performance computing at CoreSite locations including Los Angeles ( LA3 ), Silicon Valley ( SV9 ), Chicago ( CH2 ) and Northern Virginia ( VA3 ).
Key Points:
- By choosing to host their NVIDIA DGX ™ infrastructure with CoreSite, customers can benefit from a national portfolio of high-density-powered data center campus environments for NVIDIA AI and high-performance computing at CoreSite locations including Los Angeles ( LA3 ), Silicon Valley ( SV9 ), Chicago ( CH2 ) and Northern Virginia ( VA3 ).
- “The exponential growth of AI and other emerging applications has increased the need for highly interconnected, purpose-built data centers to meet the growing demands for IT, power and cooling infrastructure,” said Juan Font, President and CEO of CoreSite, SVP of American Tower.
- “Our certification as an NVIDIA DGX-Ready Data Center program partner will enhance CoreSite’s ability to deliver the data center space, advanced cooling and ultra high-density power requirements customers need while making it easier for them to deploy advanced technologies and bring their innovations to market.”
As AI adoption accelerates, CoreSite data centers serve as hubs for interconnection, providing broad and efficient access to the data sources that are training AI models. - Current CoreSite customer AI use cases include:
Software solutions offering real-time development platforms for companies in gaming, media and entertainment, general enterprise, manufacturing, government and more
American Tower Plans First Quarter 2024 Earnings Release and Conference Call
Retrieved on:
Thursday, April 4, 2024
Live simulcast (listen only) available during the call.
Key Points:
- Live simulcast (listen only) available during the call.
- Replay available shortly after the conclusion of the call.
- For more information about American Tower, please visit www.americantower.com .
- View source version on businesswire.com: https://www.businesswire.com/news/home/20240404859036/en/
American Tower Corporation Announces Election of Neville R. Ray to Board of Directors and Declares Quarterly Distribution
Retrieved on:
Thursday, March 14, 2024
American Tower Corporation (NYSE: AMT) announced that its Board of Directors (the “Board”) has elected Neville R. Ray as a director.
Key Points:
- American Tower Corporation (NYSE: AMT) announced that its Board of Directors (the “Board”) has elected Neville R. Ray as a director.
- Mr. Ray joined T-Mobile (then VoiceStream) in April 2000, and from December 2010 to November 2019, served as its Chief Technology Officer.
- “We are very excited to have Neville join our Board of Directors,” said Steve Vondran, President and Chief Executive Officer of American Tower.
- Additionally, the Company anticipates paying out its annual dividend through a flat quarterly dividend per share cadence in 2024, also subject to Board approval.
CoreSite Featured in the CRN 2024 Data Center 50 List
Retrieved on:
Thursday, March 7, 2024
CoreSite, a leading hybrid IT solutions provider and subsidiary of American Tower Corporation (NYSE: AMT) (“American Tower”), today announced that CRN , a media brand of The Channel Company focused on IT channel news, analysis and insight, named CoreSite to its 2024 Data Center 50 list .
Key Points:
- CoreSite, a leading hybrid IT solutions provider and subsidiary of American Tower Corporation (NYSE: AMT) (“American Tower”), today announced that CRN , a media brand of The Channel Company focused on IT channel news, analysis and insight, named CoreSite to its 2024 Data Center 50 list .
- The Data Center 50 list recognizes organizations that expertly support data centers within the IT channel landscape, offering best-in-class solutions and services for premier data center management, protection and support.
- According to CRN, the companies named in the 2024 Data Center 50 list range from specialized data center providers and colocation leaders to the world’s biggest tech companies that are innovating and shaping the industry.
- “A data center is the physical building that stores a company’s digital data,” stated CRN.
American Tower Corporation Prices Senior Notes Offering
Retrieved on:
Monday, March 4, 2024
American Tower Corporation (NYSE: AMT) today announced the pricing of its registered public offering of senior unsecured notes due 2029 and 2034 in aggregate principal amounts of $650.0 million and $650.0 million, respectively.
Key Points:
- American Tower Corporation (NYSE: AMT) today announced the pricing of its registered public offering of senior unsecured notes due 2029 and 2034 in aggregate principal amounts of $650.0 million and $650.0 million, respectively.
- The 2029 notes will have an interest rate of 5.200% per annum and are being issued at a price equal to 99.638% of their face value.
- The net proceeds of the offering are expected to be approximately $1,281.3 million, after deducting underwriting discounts and estimated offering expenses.
- American Tower intends to use the net proceeds to repay existing indebtedness under its $6.0 billion senior unsecured multicurrency revolving credit facility.
American Tower Corporation Announces Participation in Upcoming March Investor Conferences
Retrieved on:
Wednesday, February 28, 2024
American Tower Corporation (NYSE: AMT) today announced that it will participate in the following upcoming March investor conferences:
Key Points:
- American Tower Corporation (NYSE: AMT) today announced that it will participate in the following upcoming March investor conferences:
Tuesday, March 5, 2024, 1:05 p.m. - ET – Adam Smith, Senior Vice President, Investor Relations, is scheduled to speak at the Raymond James 45th Annual Institutional Investors Conference in Orlando, Florida.
- ET – Steve Vondran, President and Chief Executive Officer, is scheduled to speak at Citi's 2024 Global Property CEO Conference in Hollywood, Florida.
- For more information about American Tower, please visit www.americantower.com .
American Tower Corporation Reports Fourth Quarter and Full Year 2023 Financial Results
Retrieved on:
Tuesday, February 27, 2024
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Glo Fiber Business and CoreSite to Expand Network Connectivity to Washington, D.C.
Retrieved on:
Wednesday, February 21, 2024
"Glo Fiber Business continues to expand its fiber network reach, data center choices and state-of-the-art services to support our rapid customer growth," said Craig Venable, Vice President of Commercial Sales.
Key Points:
- "Glo Fiber Business continues to expand its fiber network reach, data center choices and state-of-the-art services to support our rapid customer growth," said Craig Venable, Vice President of Commercial Sales.
- "Working with Glo Fiber Business will provide additional fiber connectivity to our customers while Glo Fiber Business customers will be able to take advantage of the robust ecosystem, enhanced connectivity and cloud access offered by CoreSite."
- Glo Fiber Business is known for its outstanding local customer service, best-in-class reliability and a wide range of industry-leading services and connectivity options throughout Virginia, Pennsylvania, Maryland, West Virginia and Kentucky.
- For more information about Glo Fiber Business, please visit www.GloFiberBusiness.com or call 1-833-WANTGLO (1-833-926-8456).