Telcordia, Terremark to Partner on Miami NAP

CarrierHotels News Staff

Sept. 7, 2000 -- Telcordia Technologies, Inc. and Terremark Worldwide, Inc. today announced they have agreed to jointly design and operate a tier-one network access point which will be called NAP of the Americas.
The NAP will be housed in the Technology Center of the Americas (TECOTA), which is currently under construction in downtown Miami. Telcordia, a wholly owned subsidiary of SAIC, will operate the NAP while Terremark's T-Rex subsidiary develops the physical facility.
In a joint announcement, the two companies said the NAP of the Americas will be only the fifth tier-one NAP in the U.S. and the first such facility designed specifically to provide enhanced connectivity for all of the Americas.Today, there are no tier-one NAP's anywhere in Latin America.
"We plan to work with Terremark to develop a state-of-the-art NAP of the Americas that will revolutionize Internet hubs in the U.S.,'' said Rick Cabrera, Vice President of Telcordia, Caribbean and Latin America.
"This venture will expedite the future transfer of technology and close the gap between North America and high-growth Telecom markets such as Latin America and Asia,'' said Manuel D. Medina, Chairman and CEO of Terremark
Telcordia is headquartered in Morristown, New Jersey, US with offices throughout the United States, Europe, Central and South America and Asia Pacific.
Terremark Worldwide, Inc. is a publicly held Miami company providing network, data, Internet and telecommunications switching and computer housing facilities; and a full range of real estate services for telecom facilities.