- Duct based network investment and build, delivering larger metropolitan network and enabling full suite of product availability from more locations for incremental growth
- Developing strategic relationships with data centres, connecting a further 25 facilities with fibre
London, UNITED KINGDOM – 5 November 2013 – euNetworks Group Limited (SGX: 5VT.SI), a unique bandwidth infrastructure provider, today announced it is undertaking a significant London network expansion. The Company is adding Slough to its fibre based metropolitan network to the West of London, with diverse routes across London. Slough and the surrounding area is a thriving connectivity hub for a growing number of high bandwidth consuming sectors, with significant data centre presence serving the London, UK and international market. With this strategic investment, euNetworks will have developed additional high density fibre-rich infrastructure with direct connection to a further 25 key data centres.
euNetworks is delivering this expansion through a mixture of utilising hitherto unused network assets, new construction and duct procurement. Altogether, euNetworks will own and operate over 300 route km of duct and fibre infrastructure in its London metropolitan network at the end of 4Q 2013. As in all of euNetworks global services areas, a full suite of bandwidth infrastructure services including Fibre, Wavelengths, Ethernet and Internet will be offered.
“We secured debt funding earlier this year with the first priority to drive incremental organic growth,” said Brady Rafuse, Chief Executive Officer of euNetworks. “Our London expansion is one of a number of network development projects now underway across our European footprint.”
“This duct-based expansion enables effectively unlimited bandwidth potential between even more customer and data centre locations,” said Rafuse. “We have already signed a number of customer contracts. The first buildings will be connected in December 2013.”
For further information and to view the expanded London metropolitan network, go to www.eunetworks.com/londonmetro.
euNetworks Group Limited (SGX: 5VT:SI) is a bandwidth infrastructure provider, owning and operating 13 fibre based metropolitan networks across Europe connected with a high capacity intercity backbone covering 38 cities in 9 countries. The Company offers a portfolio of metropolitan and long haul services including Colocation, Dark Fibre, Metro Wavelengths, Wavelengths, Ethernet, and Internet. Enterprise and carrier customers benefit from euNetworks’ unique inventory of fibre and duct based assets that are tailored to fulfil their high bandwidth needs.
euNetworks Group Limited is headquartered in London and publicly listed on the Singapore Stock Exchange. For further information please visit www.eunetworks.com.
euNetworks Investor and Press Contact:
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