Veteran Ethernet provider Optimum Lightpath has announced an interconnection agreement with Ethernet Exchange, CENX. New York-based Optimum will connect through CENXs New York colocation exchange facility, one of at least 21 North American and international sites either operational or planned. Interconnecting facilities is an especially smart move for Optimum, since it caters to a highly concentrated cadre of financial companies, most of which are looking for high-capacity, low-latency, highly secure connectivity to key business-partner locations around the country and the world. CENXs carrier-neutral exchange offers Optimum an on-ramp to more than 10 million Ethernet service locations.
Optimum became a pure-play Ethernet provider back in 2005, serving medium-size to large enterprise businesses across the major vertical markets, some of which, not surprisingly, have particularly stringent security requirements for regulatory or best-practices purposes, including finance, health care, government, education, media and the enterprise. Optimums fiber network footprint extends 4,000 route miles and feeds more than 4,000 buildings, but its reach is limited to the New York metro area, admittedly one of the most profitable telecom markets in the world. Still, Optimum has been looking for ways to expand its markets for some time; partnering with CENX, as well as other Ethernet exchanges like Equinix and Telx, should be the linchpin of that strategy.
CENX carries particular weight as it was founded by Nan Chen, chairman of the Metro Ethernet Forum, and other key figures in the development of Carrier Ethernet services, and already has interconnection agreements in place with Verizon Business, Level 3, Intellifiber, Coved, and XO; AT&T, Cablevision, Cox, and Orange Business have not disclosed any affiliation yet. Only Equinix has more provider members, but most of these dont fall into the Tier 1 provider category.
Our connection to CENXs New York exchange gives us the ability to quickly and easily establish Ethernet connections to high demand locations far beyond our existing footprint to the rest of the world, said Dave Pistacchio, president of Optimum Lightpath. This is especially important as our customers, including those in the financial services sector, look to quickly crate connections between various office locations and key hot spots around the globe. Further, CENXs expertise, service translation and monitoring empower us to pursue new business opportunities as we continue to grow our business behind industry-leading services.