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Nokia selected by CoreSite for routing-based network edge solution to support data-intensive, mission-critical applications

1. CoreSite partners with Nokia for IP routing across 30 U.S. data centers. 2. Nokia's solutions enhance CoreSite's capacity for data-intensive AI applications. 3. High-performance networking is crucial as enterprise demand for data centers grows. 4. CoreSite aims to future-proof digital transformation initiatives through enhanced services. 5. Nokia's routing technology ensures low-latency connectivity and operational efficiency.

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FAQ

Why Bullish?

CoreSite's partnership with Nokia strengthens its infrastructure for AI, boosting AMT’s growth potential.

How important is it?

The partnership enhances CoreSite's offerings, directly impacting AMT's strategic position in data centers.

Why Long Term?

Increased demand for data centers and AI capabilities indicates sustained long-term growth for AMT.

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Press Release Nokia selected by CoreSite for routing-based network edge solution to support data-intensive, mission-critical applications CoreSite deploys Nokia IP routing portfolio across 30 data centers in 11 U.S. markets as enterprise customers ramp up data-intensive AI and mission-critical requirements. Nokia solution’s massive scale, reliability and power/cooling efficiency are the foundation of low-latency service delivery and superior interconnectivity. 13 May 2025Espoo, Finland – Nokia today announced that it has been selected by CoreSite, an American Tower company (NYSE: AMT) empowering critical business and AI workloads that impact everyday life through interconnected data center solutions, to deliver an IP routing-based edge and core network solution across 30 data centers in 11 U.S. markets. Delivering massive scale, performance and efficiency, the Nokia portfolio will accommodate the intensifying cloud connectivity and interconnection needs of resource-intensive artificial intelligence (AI) and high-performance computing workloads for CoreSite’s nearly 40,000 customer interconnections. As CoreSite enterprise, cloud provider and network carrier customers ramp up data-intensive services, the data center infrastructure must deliver high performance and scalable networking to ensure service availability adheres to stringent industry standards. At the same time, a data center space with advanced cooling and ultra high-density power is a must for supporting growth efficiency. “Our customers expect best-in-class performance and reliability at every level of the network. By deploying Nokia’s advanced IP routing portfolio across our data center campuses, we ensure that our network edge infrastructure stays ahead of market demands, providing customers with a seamless experience and faster access to mission-critical applications,” said Chris Malayter, Vice President Network and Interconnection at CoreSite. The Nokia 7250 Interconnect Router (IXR-s) will provide advanced routing capabilities, carrier-grade reliability and high-capacity throughput as enterprises leverage CoreSite’s colocation centers for data storage and processing, new product and service development and other business operations. The Nokia 7750 Service Router (SR) provides the massive scale, performance and reliability for IP interconnectivity within the data center campuses. In addition, Nokia FP5 silicon supports high throughput and reliability for uninterrupted data flows, and scales traffic with zero deterioration in performance. The seamless integration of the Nokia Service Router Operating System (SR OS) with CoreSite’s existing environment will accelerate roll-out times and dramatically reduce operation costs.   ”Collaborating with CoreSite has enabled us to drive the performance and scale of its multicloud connectivity and routing core. The integration of the Nokia 7250 IXR-s and 7750 Service Router allows CoreSite to adeptly manage increased traffic demands while ensuring low latency and reliable interconnection services that are essential to the modern digital economy,” said Vach Kompella, Senior Vice President and General Manager, IP Networks at Nokia. Resources and additional informationProduct page: Nokia 7250 Interconnect RoutersProduct page: Nokia 7750 Service RouterWeb Page: Noka Data Center Networks About NokiaAt Nokia, we create technology that helps the world act together. As a B2B technology innovation leader, we are pioneering networks that sense, think and act by leveraging our work across mobile, fixed and cloud networks. In addition, we create value with intellectual property and long-term research, led by the award-winning Nokia Bell Labs, which is celebrating 100 years of innovation. With truly open architectures that seamlessly integrate into any ecosystem, our high-performance networks create new opportunities for monetization and scale. Service providers, enterprises and partners worldwide trust Nokia to deliver secure, reliable and sustainable networks today – and work with us to create the digital services and applications of the future. About CoreSiteCoreSite, an American Tower company (NYSE: AMT), is a leading interconnection data center platform that empowers businesses to future-proof their digital transformation initiatives. For more than 20 years, CoreSite’s purpose-built, highly interconnected data center campuses and team of experts have delivered the cloud-enabled, resilient, and flexible digital ecosystems required for customers to quickly scale and interoperate their businesses to support the increasing demands of critical workloads, like AI and high-density applications. For more information, visit CoreSite.com and follow CoreSite on our Connect[ED] blog, LinkedIn and YouTube channels. Media inquiriesNokia Press OfficeEmail: Press.Services@nokia.com CoreSiteMegan Ruszkowski, Vice President of Marketing and Sales Development Phone: 720-446-2014 Email: press@CoreSite.com Follow us on social mediaLinkedIn X Instagram Facebook YouTube FORWARD-LOOKING STATEMENTSCertain statements herein that are not historical facts are forward-looking statements. These forward-looking statements reflect Nokia's current expectations and views of future developments and include statements regarding: A) expectations, plans, benefits or outlook related to our strategies, product launches, growth management, licenses, sustainability and other ESG targets, operational key performance indicators and decisions on market exits; B) expectations, plans or benefits related to future performance of our businesses (including the expected impact, timing and duration of potential global pandemics and the general or regional macroeconomic conditions on our businesses, our supply chain and our customers’ businesses) and any future dividends and other distributions of profit; C) expectations and targets regarding financial performance and results of operations, including market share, prices, net sales, income, margins, cash flows, cost savings, the timing of receivables, operating expenses, provisions, impairments, taxes, currency exchange rates, hedging, investment funds, inflation, product cost reductions, competitiveness, revenue generation in any specific region, and licensing income and payments; D) ability to execute, expectations, plans or benefits related to changes in organizational structure and operating model; E) impact on revenue with respect to litigation/renewal discussions; and F) any statements preceded by or including "continue", “believe”, “commit”, “estimate”, “expect”, “aim”, “influence”, "will”, “target”, “likely”, “intend”, “may”, “could”, “would” or similar expressions. These forward-looking statements are subject to a number of risks and uncertainties, many of which are beyond our control, which could cause our actual results to differ materially from such statements. These statements are based on management’s best assumptions and beliefs in light of the information currently available to them. These forward-looking statements are only predictions based upon our current expectations and views of future events and developments and are subject to risks and uncertainties that are difficult to predict because they relate to events and depend on circumstances that will occur in the future. Factors, including risks and uncertainties that could cause these differences, include those risks and uncertainties identified in the Risk Factors above.

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