Telx Expands at 111 8th Avenue

Interconnection and colocation provider Telx has acquired an additional 5,000 square feet of additional space at 111 8th Avenue, one of the premier carrier hotels in New York City, the company said. Telx already runs the carrier meet-me room at 111 Eighth Avenue, which was acquired in 2007. The lease follows a similar expansion at 60 Hudson Street, Manhattan's other leading bandwidth hub. Telx, which announced the expansion yesterday at its CBx customer event in Brooklyn, said the growth is being driven by continuing demand from the financial sector and traditional service providers market.

Telx recently announced is Metro Cross-Connect service, which allows customers colocated in meet me rooms at either 111 8th Avenue or 60 Hudson Street to interconnect to one another.

Telx said its business experienced substantial growth in the first quarter of 2008, when it added 27 new customers and 1,300 cross connections. The company is forecasting year-over-year revenue growth in excess of 40 percent.

""I am proud to say that Telx now has a larger footprint in the two most prominent carrier hotels in New York," said Eric Shepcaro, CEO and Chairman of Telx. "Telx also has additional plans to expand in the New York/New Jersey metro markets; there is no doubt that our interconnection value proposition has increased substantially providing a greater benefit to Telx customers across all of our facilities."

Telx also announced the launch of a new Channel Partner Program, which offers three types of programs: Referral, Agent and Alliance partners. Telx said it has already signed end user customers as a result of these programs through partners that include Interphase Communications, Giglinx, RDS Solutions, QuoteColo, Central Host and Digital Continuity Resources.

Earlier this week Telx announced that it had acquired the Atlanta Internet Exchange (AIX) and has launched a new peering exchange at 120 East Van Buren in Phoenix.