The connection includes offering its Managed Bulk Bandwidth service - operating at a latency speed of 16 milliseconds roundtrip between Chicago and New York. The partnership further enables Sidera to tap into Spread’s extensive fibre backbone between the cities.
Spread believes its new service, which is lit in accordance with customer demand, is tailored to provide better scale of bandwidth and a more beneficial cost structure, in comparison with a conventional dark fibre Indefeasible Right of Use (IRU) connection that it has previously offered.
“Our Managed Bulk Bandwidth service provides the engineering and operational flexibility associated with dark fibre along with a fixed operating cost for the services,” said David Barksdale, CEO at Spread Networks. “However, unlike a dark fibre IRU, which requires a dark fibre buyer to invest millions in IRU fees and optical gear commons hardware, our service limits up-front capital expenditure.”
Spread Networks claims to provide the shortest and straightest routes available, and much of its operations revolve around the growing need for connectivity between the financial services sector that is proving key between New York and Chicago. It has also built metro routes in New Jersey to complement its flagship New York and Chicago route.
Sidera is the first customer on its fastest connection to date, and its partnership with Spread will aim to better serve enterprise customers that have access to its fibre optical network which spans across Chicago with onward connection to Toronto and London.
“We are excited to be the first customer for this innovative service,” said Mike Sicoli, CEO at Sidera Networks. “We are always looking for ways to enhance our position as a leader in metro connectivity for customers in both New York and Chicago. This deal gives us even greater access to Spread’s first-class Chicago to New York network with an economic framework that will help us scale network growth cost effectively.”
