Posted: 05/2001
Trading Desk
RateXchange Launches IP Access with TeleCity
RateXchange Corp. (www.ratexchange.com) and TeleCity PLC Internet Exchange (www.telecity.co.uk), Europe's leading provider of Internet infrastructure and outsourcing services, jointly announced that they have launched the RateXchange "IP Access" Internet access service.
TeleCity is building and will run the physical exchange upon which the neutral RateXchange Trading System (RTS) will operate. TeleCity also is responsible for measuring key QoS metrics on providers' networks--enabling buyers to make procurement decisions on the basis of cost and QoS information.
Launched March 27 in London, the service will be rolled out progressively to other TeleCity locations by the end of the year.
TeleCity has 11 facilities throughout Europe. The service will allow ISPs, carriers, other service providers and major enterprises to procure quality-assured Internet access bandwidth from major backbone ISPs.
The service presents an alternative to peering agreements that are increasingly less satisfactory for ISPs and other buyers of wholesale Internet access. It also may prove a more viable option to many smaller ISPs.
"This is a natural extension of our bandwidth trading services into the Internet access market," says Russ Matulich, senior vice president, RateXchange. "TeleCity is an excellent partner for RateXchange because of its proven engineering expertise and strategic collocation facilities. This is a primary example of how RateXchange can expand the application of its trading platform into new markets utilizing key relationships."
TeleCity's sales and marketing director Glenn Tookey adds, "This relationship is wholly consistent with our model of providing value-added services. This service will strengthen our position as a carrier neutral service provider and coupled with our high quality data centers, cements TeleCity as Europe's premier Internet outsourcing operation."
