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By cableunion, February 10, 2012 3:12 pm

MOSAID Technologies Inc, an intellectual property (IP) management company, recently announced that it had closed the sale of a portfolio of optical networking patents to a global corporation.

During the early part of 201, MOSAID bought a portfolio of over 200 optical networking patents and patent applications from Italy’s PGT-Photonics S.p.A., which is a spinoff of tire manufacturer Pirelli & C. S.p.A. In a release, John Lindgren, President and CEO, MOSAID, said, “I’m pleased that we successfully executed on our value enhancement and monetization strategy for the PGT-Photonics IP portfolio. Our in-house patent prosecution group worked diligently to significantly improve the overall quality of the patents. We expended considerable resources to preserve the rich R&D heritage that this portfolio represents, thus successfully enhancing its worth. The buyer owns a valuable portfolio of optical IP that will support their business expansion strategy.”

PGT-Photonics played a role in creating advanced optical networking communications components, such as tunable lasers, optical transceivers and responders, and silicon photonics manufacturing processes.

Lindgren went on to say that “MOSAID is now focused on delivering a wide range of IP management services to those seeking to maximize the value of their IP portfolios. We have the experience, the capabilities and the financial strength to develop customized programs that meet the goals of IP owners.”

Calvin Azuri is a contributing editor for TMCnet. To read more of Calvin’s articles, please visit his columnist page.

Edited by Rich Steeves

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By admin, February 10, 2012 8:41 am

Friday, Feb 10, 2012

TenneT has entered into a partnership with Mitsubishi Corporation by agreeing to sell a 49% equity stake in two German offshore high-voltage cable projects, BorWin1 and BorWin2. Mitsubishi’s aggregate equity commitment will total EUR 240 million. This partnership represents a milestone transaction in Germany, allowing infrastructure investors to invest in separate clusters of regulated assets.

The two grid connections connect a number of offshore wind farms in the German North Sea to the onshore electricity grid and have a combined total capacity of 1,200 megawatt. The equity contribution of Mitsubishi represents 20% of the expected combined capital expenditures of approximately EUR 1.2 billion for these two projects. TenneT will retain majority ownership and will continue to operate the connections.  

The underlying regulatory structure has been developed by TenneT in cooperation with the German regulator (Bundesnetzagentur). The transaction is still subject to certain conditions, which are expected to be met before the Summer, and has been approved by TenneT’s sole shareholder, the Dutch State.

Mel Kroon, CEO TenneT, regards the agreement as an essential step for the successful integration of renewable energy: “TenneT is making exceptional efforts in the connection of offshore wind energy in Germany. Currently we are working on nine projects to connect wind farms in the German North Sea. These projects total to 5,000 megawatt of renewable electricity, enough energy to supply 5 million households. This long-term partnership with Mitsubishi Corporation is both a logical and important step in our considerable contribution to the transition to a sustainable energy supply.”

Eelco de Boer, CFO TenneT: “With this agreement, TenneT fulfils all of last year’s equity raising promises to the financial markets. This transaction demonstrates that these offshore projects are a sound investment under current circumstances in the financial markets.
 
Deutsche Bank, RBS and Freshfields acted as advisers for TenneT. Mitsubishi’s primary advisers were KPMG and Hogan Lovells.

Source: TenneT

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By cableunion, February 4, 2012 5:45 am

Much has been made recently of the agency agreements signed between Verizon Wireless (News – Alert) and Comcast, Time Warner Cable, Cox Communications and Bright House Networks, allowing each of the partners to sell the other parties’ products.

So far, the practical result has been that Verizon Wireless is selling Comcast products in the San Francisco Bay Area, Portland, Ore. and Seattle, where Verizon has no fixed network assets.

The companies do not deny that, at some point, they might find themselves offering each others’ products in areas where both Verizon and each of the cable operators have fixed network assets.

Some believe that would not happen for five years or so, in part because the cable companies do not gain the right to rebrand the Verizon Wireless services for that period of time.

Many worry about the potential impact on competition between Verizon and each of the cable operators in areas where they do compete head to head. The fear is that Verizon will simply wind up reselling cable fixed broadband “in territory,” where Verizon competes directly with a cable operator.

That obviously would not provide incentives for Verizon to invest in its own fixed facilities, but only in areas where FiOS (News – Alert) does not already exist. As a practical matter, that means Boston, Baltimore and Alexandria, Va.

Whether the halt in FiOS deployment is permanent or not is hard to say. Slow FTTH construction in Europe has been intentional. There, instead of building out a full city all at once, FTTH projects have targeted only parts of a city, followed by intense and targeted marketing, to get penetration as high as possible.

In the United States, where Verizon does build a neighborhood and then a market, penetration rates rarely have topped 20 percent. That’s a tough way to earn a payback, since it means 80 percent of potential customers do not buy. And payback is a serious issue.

France Telecom (News – Alert) will double its investment in fiber to home networks in 2012 to 300 million to 350 million Euros, Reuters reports. There’s both good and bad news in that announcement.

The good news is that the heavy spending is likely crucial for the survival of France Telecom’s fixed network business. The bad news is the huge risk.

France Telecom CEO Stephane Richard said fiber-to-the-home investments were key to the firm’s future competitiveness as a fixed line provider and France Telecom has pledged to spend two billion Euros by 2015 on rolling out a national fiber network.

Keep in mind that France Telecom expects a payback time of 30 years to 40 years, far exceeding the three-year to five-year payback expected of application investments.

That indicates the risk France Telecom and other providers are facing. Those time frames are so long they typically only can be considered by very capital intensive utility firms that operate in monopoly style markets, as fixed network providers used to assume was the case.

These days, the fixed network business faces competition from other facilities-based suppliers, mobile and satellite networks. That limits the potential base of customers, as no single supplier can hope to achieve penetration much greater than 20 to 30 percent.

And that’s the financial issue. If you assume 20 percent customer uptake, the payback can take 20 to 30 years.

Want to learn more about the latest in communications and technology? Then be sure to attend ITEXPO East 2012, happening NOW in Miami, FL. ITEXPO (News – Alert) offers an educational program to help corporate decision makers select the right IP-based voice, video, fax and unified communications solutions to improve their operations. It’s also where service providers learn how to profitably roll out the services their subscribers are clamoring for – and where resellers can learn about new growth opportunities. For more information on registering for ITEXPO registration click here.

Stay in touch with everything happening at ITEXPO. Follow us on Twitter.

Gary Kim (News – Alert) is a contributing editor for TMCnet. To read more of Gary’s articles, please visit his columnist page.

Edited by Rich Steeves

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By cableunion, February 4, 2012 5:45 am

Much has been made recently of the agency agreements signed between Verizon Wireless (News – Alert) and Comcast, Time Warner Cable, Cox Communications and Bright House Networks, allowing each of the partners to sell the other parties’ products.

So far, the practical result has been that Verizon Wireless is selling Comcast products in the San Francisco Bay Area, Portland, Ore. and Seattle, where Verizon has no fixed network assets.

The companies do not deny that, at some point, they might find themselves offering each others’ products in areas where both Verizon and each of the cable operators have fixed network assets.

Some believe that would not happen for five years or so, in part because the cable companies do not gain the right to rebrand the Verizon Wireless services for that period of time.

Many worry about the potential impact on competition between Verizon and each of the cable operators in areas where they do compete head to head. The fear is that Verizon will simply wind up reselling cable fixed broadband “in territory,” where Verizon competes directly with a cable operator.

That obviously would not provide incentives for Verizon to invest in its own fixed facilities, but only in areas where FiOS (News – Alert) does not already exist. As a practical matter, that means Boston, Baltimore and Alexandria, Va.

Whether the halt in FiOS deployment is permanent or not is hard to say. Slow FTTH construction in Europe has been intentional. There, instead of building out a full city all at once, FTTH projects have targeted only parts of a city, followed by intense and targeted marketing, to get penetration as high as possible.

In the United States, where Verizon does build a neighborhood and then a market, penetration rates rarely have topped 20 percent. That’s a tough way to earn a payback, since it means 80 percent of potential customers do not buy. And payback is a serious issue.

France Telecom (News – Alert) will double its investment in fiber to home networks in 2012 to 300 million to 350 million Euros, Reuters reports. There’s both good and bad news in that announcement.

The good news is that the heavy spending is likely crucial for the survival of France Telecom’s fixed network business. The bad news is the huge risk.

France Telecom CEO Stephane Richard said fiber-to-the-home investments were key to the firm’s future competitiveness as a fixed line provider and France Telecom has pledged to spend two billion Euros by 2015 on rolling out a national fiber network.

Keep in mind that France Telecom expects a payback time of 30 years to 40 years, far exceeding the three-year to five-year payback expected of application investments.

That indicates the risk France Telecom and other providers are facing. Those time frames are so long they typically only can be considered by very capital intensive utility firms that operate in monopoly style markets, as fixed network providers used to assume was the case.

These days, the fixed network business faces competition from other facilities-based suppliers, mobile and satellite networks. That limits the potential base of customers, as no single supplier can hope to achieve penetration much greater than 20 to 30 percent.

And that’s the financial issue. If you assume 20 percent customer uptake, the payback can take 20 to 30 years.

Want to learn more about the latest in communications and technology? Then be sure to attend ITEXPO East 2012, happening NOW in Miami, FL. ITEXPO (News – Alert) offers an educational program to help corporate decision makers select the right IP-based voice, video, fax and unified communications solutions to improve their operations. It’s also where service providers learn how to profitably roll out the services their subscribers are clamoring for – and where resellers can learn about new growth opportunities. For more information on registering for ITEXPO registration click here.

Stay in touch with everything happening at ITEXPO. Follow us on Twitter.

Gary Kim (News – Alert) is a contributing editor for TMCnet. To read more of Gary’s articles, please visit his columnist page.

Edited by Rich Steeves

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By cableunion, January 27, 2012 9:36 pm

The Holy Land is also likely to become the land of super-fast Internet connections, as it adopts a technology called “fiber to the home” (FTTH).

Israel Electric Corp, a state-owned electric company, plans to offer a cutting-edge, high-speed broadband network to the entire nation, which is about the size of New Jersey. Because the country is relatively small and has some dense population centers, Israel Electric is predicting Israel will jump to the “forefront of the next generation of Internet technology,” according to a report from The Associated Press.

Israel is looking ahead by opting for fiber-optic lines that will likely provide connections that are 10 to 100 times faster than more traditional methods, The AP said. “All the developing countries that have a vision for 10 years ahead, or 20 years ahead, understand that the name of the game will be communications, broadband communications, very fast communications,” Tzvi Harpak, Israel Electric’s senior vice president for logistics, said in a statement made to The AP and carried by TMCnet.

Israel expects that 10 percent of the nation will be wired for the new technology by 2013, and two-thirds of the nation will be wired within seven years, The AP said.

Oliver Johnson, CEO of Point Topic, said FTTH will be the “gold standard” of “the next generation of broadband service,” The AP reported. The improved technology will lead to applications in such areas as videoconferences, medical surgery, and in cloud computing. It will also lead to increased chance for economic success, The AP said.

“Everyone feels that bandwidth will be this commodity down the road. If you don’t have it, you’ll be out of luck,” David St. John, spokesman for the FTTH Council, told The AP.

South Korea now leads the world with FTTH technology, followed by Japan and Hong Kong. About 7.1 million homes in the United States, representing 6.6 percent of the total residences, use FTTH, The AP said. An example is FiOS (News – Alert) from Verizon. Israel now uses mostly DSL and cable for connections.

Among the companies interested in installing the new technology in Israel are: Telecom Italia (News – Alert) SpA and BT Group PLC, as well as Israel-based firms Elbit Systems, Rapac Communication & Infrastructure, and Tamares, The AP said.

“There’s been quite a lot of interest,” Philippe Guez, managing director at Rothschild, the financial adviser on the project, told The AP. “We believe and hope the government and the Israel Electric Corp. will make the appropriate changes in order to make this wonderful project happen.”

Given that Israel is considered a major technology center, the adaption of FTTH not just for major technology companies but for everyday folks is not a surprise. “Providing high-quality, fiber-to-the-home bandwidth for consumers all over Israel (especially in peripheral areas) is a national interest as it promotes economic growth, education, provision of government services, social welfare,” Eden Bar-Tal, director general of Israel’s Communications Ministry, told The AP.

Israel Electric traces its roots to 1923, when it was started as The Electric Company for Palestine. It has 2.4 million customers, according to data cited by Yahoo Business.

Want to learn more about the latest in communications and technology? Then be sure to attend ITEXPO East 2012, taking place Jan. 31-Feb. 3 2012, in Miami, FL. ITEXPO (News – Alert) offers an educational program to help corporate decision makers select the right IP-based voice, video, fax and unified communications solutions to improve their operations. It’s also where service providers learn how to profitably roll out the services their subscribers are clamoring for – and where resellers can learn about new growth opportunities. For more information on registering for ITEXPO registration click here.

Stay in touch with everything happening at ITEXPO. Follow us on Twitter.

Ed Silverstein is a TMCnet contributor. To read more of his articles, please visit his columnist page.

Edited by Rich Steeves

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By admin, January 27, 2012 11:57 am

Thursday, Jan 26, 2012

Encore Wire (NASDAQ:WIRE) is one of today’s biggest movers, up 2.0% to $27.08. The S&P is trading lower by 0.3% to 1,312 and the Dow is trading 0.4% lower to 12,662.

In the past 52 weeks, Encore Wire share prices have been bracketed by a low of $19.68 and a high of $28.50 and are now at $27.08, 38% above that low price. The 200-day and 50-day moving averages have moved 0.03% higher and 0.02% lower over the past week, respectively.

Click here for full article on Financial News Network

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By cableunion, January 18, 2012 1:58 pm

Ciena Corporation recently made an announcement that they had been chosen by Lightower Fiber Networks to provide support in the delivery of Ethernet services and managed wavelengths for bandwidths going up to 100 Gb/s.. This service is aimed at all enterprise and service provider clients that are present through Lightower’s footprint and is available as of now. These end-to-end fiber-based solutions from Lightower Fiber Networks are powered by Ciena’s coherent optical technology, inclusive of a 40-Gigabit and 100-Gigabit Ethernet (GbE) service and 100G managed wavelengths.

In a release, Doug Dalissandro, Executive Vice President, Sales, Lightower, said, “Higher capacity bandwidth services continue to be a driver for our customer base and a natural progression as we look to advance our services to enable cutting-edge applications such as high-frequency trading, delivery of high-quality HD and 3D video, and collaborative diagnostic and healthcare services. With Ciena’s cutting edge Packet-Optical transport solutions, we are easily able to accommodate the changing needs of our customers without network disruption.”Spread across New England, the New York City metro area, New Jersey, Long Island and the Hudson Valley, Lightower has over 6,400 route miles of fiber and gives more than 2,800 buildings accessibility. Its 100G solutions will make use of Ciena’s 6500 Packet-Optical Platform that comes with WaveLogic coherent optical processors. This will help in the delivery of 100G managed wavelength services and be of great use in 40 GbE and 100 GbE traffic that needs to be driven over 40G/100G wavelengths.

Chad Whalen, Vice President and General Manager, North America field organization, Ciena, said, “Lightower’s success is driven by its ability to effectively scale to turn-up and transport high-bandwidth, mission critical content. We are pleased to support their aggressive network expansion across the Northeast to strengthen their ability to meet the surging demand for high-speed Ethernet services among service provider and large enterprise customers in the financial services, healthcare and video broadcast industries.”

Want to learn more about the latest in communications and technology? Then be sure to attend ITEXPO East 2012, taking place Jan. 31-Feb. 3 2012, in Miami, FL. ITEXPO (News – Alert) offers an educational program to help corporate decision makers select the right IP-based voice, video, fax and unified communications solutions to improve their operations. It’s also where service providers learn how to profitably roll out the services their subscribers are clamoring for – and where resellers can learn about new growth opportunities. For more information on registering for ITEXPO registration click here.

Stay in touch with everything happening at ITEXPO. Follow us on Twitter.

Calvin Azuri is a contributing editor for TMCnet. To read more of Calvin’s articles, please visit his columnist page.

Edited by Rich Steeves

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By cableunion, January 18, 2012 12:35 am

Today, security of information is critical to businesses of all sizes. Considering the rate at which hackers are stealing data from websites and online data resources, companies are taking extra steps to protect confidential information. Therefore, to secure customers’ mission critical data, Germany’s IT service provider to the financial industry, Finanz Informatik Technology Services (FI-TS), has deployed  ADVA Optical Networking’s (News – Alert) FSP 3000’s encryption technology.

In a statement, Jörg Göttmann, network engineer at FI-TS commented, “Our customers allow its business-critical applications to run through our data centers. We cannot allow the loss or theft of data under any circumstances.”

Göttmann added, “As a full provider of IT-services, we searched for a trustworthy partner who was not only a technology leader but could also implement our network expansion on a tight schedule. ADVA Optical Networking outperforms in all these areas. The final test measurements confirmed that the newly established routes were performing at maximum bandwidth. Our established partner, Controlware, ensured the installation ran smoothly.”

According to ADVA Optical, FI-TS’s new data centers offer business continuity, disaster recovery, as well as storage area networking (SAN) and MPLS-services to customers in the finance sector because they deploy redundant fiber links with AES256 encryption. To improve network efficiency and control, while reducing power consumption and space, FI-TS uses a large portion of the available module interfaces, including 2, 4, and 8 Gbps Fibre Channel, and 1 and 10 Gbps Ethernet or various combinations.

In another statement, Hartmut Müller-Leitloff, VP Central Europe, ADVA Optical Networking said, “The FSP 3000 provides integrated encryption technology based on internationally-accepted standards for an excellent price-performance ratio.” “We have worked on successful data center interconnection projects with FI-TS since 2000 and are proud to take this step together into the next generation of secure and efficient data transmission.”

As per ADVA Optical’s explanation, the FSP 3000 is a scalable wavelength division multiplexing (WDM) system specifically designed for large enterprises and service providers that require a flexible, cost-effective system that will multiplex, transport and protect high-speed data, storage, voice and video applications over fiber optic networks.

Want to learn more about the latest in communications and technology? Then be sure to attend ITEXPO East 2012, taking place Jan. 31-Feb. 3 2012, in Miami, FL. ITEXPO (News – Alert) offers an educational program to help corporate decision makers select the right IP-based voice, video, fax and unified communications solutions to improve their operations. It’s also where service providers learn how to profitably roll out the services their subscribers are clamoring for – and where resellers can learn about new growth opportunities. For more information on registering for ITEXPO registration, click here.

Stay in touch with everything happening at ITEXPO. Follow us on Twitter.

Ashok Bindra is a veteran writer and editor with more than 25 years of editorial experience covering RF/wireless technologies, semiconductors and power electronics. To read more of his articles, please visit his columnist page.

Edited by Jennifer Russell

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By admin, November 30, 2011 12:47 pm

CRIME REPORTS

Kootenai County Sheriff

Monday

8:24 a.m.: Damages of about $100 were reportedly finished to the
door and close of a duck shelter on private skill in a 2600
block of West Echo Drive nearby Post Falls. Telephone wire valued at
$11,000 was reported stolen from a building.

11:21 a.m.: Silverware and diverse equipment with a total
value of about $4,000 were reported stolen from a chateau in the
4200 retard of South Stach Road nearby Coeur d’Alene.

3:47 p.m.: A blue and china 1985 Ford pickup valued during $5,000
was reported stolen from a chateau in a 1800 retard of East
Foxborough Court nearby Hayden.

9:56 p.m.: A Springfield pistol, jewelry, electronic equipment
and other equipment with a sum value of about $3,300 were reported
stolen from a chateau in a 8800 retard of North Huntington Court
near Hayden.

DIVORCES GRANTED

Chad J. Johnson from Sara N. Johnson

Dawn M. Cranor from Matthew J. Cranor

Crystal L. Lucas from Paul A. Lucas

Heath O. White from Keeler White

Keith Williams from Shelli Dodge

LAWSUIT

FIA Card Services N. A., v. Jessica Peebles, seeking remuneration of
$13,026.58.

JUDGMENTS

JP Development et al., v. Victoria Mallett, was awarded judgment
of $7,194.77.

Asset Acceptance et al., v. Vic Larsen, was awarded visualisation of
$14,333.74.

Chapman Financial Services Inc., v. Jerome K. Johnson et al.,
was awarded visualisation of $38,548.17.

SENTENCINGS

Judge Lansing Haynes

Christopher M. Parks, 26, Coeur d’Alene: 90 days in jail, three
years determinate cage time and 7 years indeterminate
time, cage suspended, $555,50 in fines, $573.45
restitution, work recover and 4 years trial for domestic
battery-traumatic injury.

Laurie A. Mayfield, 47, Rathdrum: Three years determinate
penitentiary time and 3 years indistinct time, penitentiary
suspended, $1,420.50 in fines, driver’s permit dangling for one
year and 3 years trial for pushing underneath a influence.

Judge John Luster

Justin J. Irwin, 20, Post Falls: One year 6 months determinate
penitentiary time and one year 6 months indistinct time,
penitentiary suspended, $1,505.50 in fines, 100 hours community
service and dual years trial for burglary.

William E. Hoygaard, 22, Sandpoint: Three years determinate
penitentiary time and 4 years indistinct time, retained
jurisdiction with credit for time served for probation
violation.

Sharon J. Zeth aka Sharon J. Huntley aka Sharon J. Denham, 49,
Coeur d’Alene: One year 6 months determinate cage time
and one year 6 months indistinct time, cage suspended,
$580 in fines, 100 hours village use and dual years probation
for possession of a tranquil substance.

Jeremiah L. Stephens, 33, Post Falls: Two years determinate
penitentiary time and 4 years indistinct time, penitentiary
suspended, $1,000 in fines, driver’s permit dangling for one year
and 3 years trial for pushing underneath a influence.

Judge John Mitchell

Alexander V. Brune, 20, Coeur d’Alene: Three years determinate
penitentiary time and 9 years indistinct time with credit for
time served for orthodox rape.

Kathleen Pearson-Douglass, 44, Coeur d’Alene: Three years
determinate cage time and 5 years indistinct time
with credit for time served, cage dangling and 4 years
probation for trial violation.

Thomas L. Dieruf, 28, Coeur d’Alene: Two years determinate
penitentiary time and dual years indistinct time with credit for
time served, defended jurisdiction, $265.50 in fines and $100
restitution for possession of a tranquil substance.

Robert P. Fowler, 50, Coeur d’Alene: One year 6 months
determinate cage time and 3 years indistinct time
with credit for time served, defended jurisdiction, $265.50 in
fines and $100 compensation for possession of a controlled
substance.

Todd C. Mitchell, 44, Hayden:

Read More At: here

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By admin, November 19, 2011 11:24 am

Dark fiber is a growing field where there’s always something happening. Here are some of the news stories from the past week.

TMC’s (News – Alert) Madhubanti Rudra reported that Louisville, Colorado-based national provider of fiber-based bandwidth infrastructure and network-neutral colocation and interconnection services Zayo Group (News – Alert) announced that it is expanding its fiber footprint in Nashville.

Zayo provides fiber-based bandwidth infrastructure and network-neutral colocation and interconnection services over regional, metro and fiber-to-the-tower networks. Zayo’s network assets include over 24,000 route miles, connecting 153 markets across 31 states plus Washington D.C.

Additionally, Zayo has 4,400 buildings on-net, 2,000 cell towers on-net, and over 170,000 square feet of colocation space. Zayo’s clientele includes wireline and wireless carriers, data centers, Internet content and services companies, high bandwidth enterprises as well as federal, state and local government agencies.

On completion of this expansion project, Zayo will be able to expand its reach into new markets. By doubling the route mileage for the greater Nashville area from 40 to 78 route miles, Zayo will be able to serve the markets of Franklin, Brentwood and Oak Hill with dark fiber, Gigabit Ethernet and wavelength services.

Ashok Bindra noted that according to market research firm Ovum (News – Alert), despite the availability of components and equipments, market demand for the 10 Gbit per second Ethernet Passive Optical Network standard, also known as 10G EPON, outside of China will remain low until 2013.

In a new report, the independent telecoms analyst states that while components companies have been under pressure by equipment vendors and service providers to develop 10G EPON components, the momentum has slowed down.

In a statement, Julie Kunstler, Ovum analyst and author of the report, commented, “The pressure worked and multiple vendors have commercial-ready 10G EPON components and testing has been carried out by service providers…However, while several provinces in China have begun deployments, 10G EPON equipment deployments will remain negligible until late 2012 in China, and 2013 for other global regions,” added Kunstler. “Demand for XG-PON will also remain low, although the readiness of XG-PON components and equipment is lagging that of 10G EPON,” continued Kunstler.

As per the Ovum report, demand for 10G EPON and XG-PON has slackened for several reasons. Firstly, China’s service providers are favoring the deployment of fiber-to-the-home (FTTH) versus fiber-to-the building (FTTB) due to the operational costs of FTTB and competition around bandwidth.

And Rajani Baburajan wrote that Telx, an interconnection and colocation provider in North American markets, announced that Trading Continuity Services (TCS), a provider of data protection and disaster recovery/business continuity solutions, has joined Telx Financial Business Exchange (FBX).

The Telx FBX is designed to deliver secure, reliable colocation infrastructure in prime locations. The partnership enables TCS to offer Telx’s financial markets customers secure, low latency access to its redundant, fully managed Data Protection offerings.

Telx FBX enables ultra-low latency access to an ecosystem of market participants such as trading venues, market data providers, buy-side and sell-side firms and network service providers.

TCS is a colocation and InterConnection customer in Telx’s strategically-located data center in downtown Chicago.

“We give trading firms a competitive advantage by delivering an end-to-end, fully managed Data Protection and backup that ensures high availability for the best electronic trading experience possible,” said Jim McDonough, managing partner at TCS.

David Sims is a contributing editor for TMCnet. To read more of David’s articles, please visit his columnist page. He also blogs for TMCnet here.