Feb. 25, 2002 -- TELEHOUSE America said today that it had posted a net profit for the 2002 fiscal year, marking the fifth consecutive profitable year for the pioneer in the colocation industry.
The company also said it also added seven new customers in January to get 2003 off to a successful start.
"With the current economic climate in the telecom and colocation industries, we're pleased to be in a position where we are able to offer access and content companies a consistently stable alternative," states Hideki Akazawa, President and CEO for TELEHOUSE America.
"Our formula over the years has been simple - to focus on our core business of providing companies with high quality cost-effective colocation space and services," said Akazawa. "Our long history of success can be attributed to the quality of service, level of flexibility, and connectivity choices that we provide to our customers."
TELEHOUSE is privately funded by a consortium of investors led by KDDI Corporation, Japan's second largest telecommunications carrier. The company has better than 70 percent occupancy in its five data centers, which span more than 280,000 square feet.
The company's International Internet Exchange (IIX) facilities provide colocation, network services and cross-connections to a wide spectrum of clients, including many international carriers and financial institutions.
Its facilities include the 162,000 square feet flagship site at 7 Teleport Drive on Staten Island, Manhattan locations at 25 Broadway (85,5000 sf) and 33 Whitehall Street (15,500 SF), a Los Angeles data center at 626 Wilshire Boulevard (12,000 SF) and its newest site in Santa Clara, where Telehouse occupies 4,000 square feet at 3045 Raymond Street.
Telehouse got its start in 1989 the Staten Island Teleport, a high-tech business park funded by the Port Authority of New York and New Jersey. With its proximity to Wall Street and a satellite uplink, the location was ideal for the Japanese financial institutions who were many of Telehouse's early customers.