New High-Speed Dark Fibre Network Will Meet Current and Future Needs of Data Generating Businesses with Specialised, Dedicated Higher Bandwidth Services
Megaport, an exciting new entrant into Asia Pacific’s telecommunications market, today announced it will commence the rollout of the initial phase of a high-speed dark fibre network in Singapore over the next 6-12 months, with an initial investment of SG$20 million. Subsequent phases of the network could see Megaport invest between SG$40 and SG$50 million in the network over the next three years. Megaport’s dark fibre network is designed to offer carriers and enterprise customers direct access to the high bandwidth potential of fibre optic networks at less than half the cost of similar services currently available in the Singapore market. The network will also underpin Megaport’s managed network in Singapore.
"Organisations in Singapore are generating and consuming ever-increasing amounts of data at rates never envisaged years ago, leading to huge demand for high-speed bandwidth to connect to data centres for disaster recovery or mission critical applications,” said Bevan Slattery, Chief Executive Officer of Megaport. “While the Next Generation National Broadband Network (NGNBN) is an excellent platform for the delivery of broadband services to homes and businesses, many of the carrier and enterprise clients need specialised, dedicated higher bandwidth services.
“Until today, however, access to dark fibre networks in Singapore has been expensive for organisations, forcing many to connect using managed network alternatives rather than using dark fibre. This has provided us with a significant opportunity to enter the market and rollout our own dark fibre network at a more competitive price point.”
Megaport’s focus is on rolling out its network between data centres in Singapore to enable organisations to connect between multiple centres for data intensive services, such as disaster recovery, cloud and mission critical applications. Initially, phase one of the dark fibre network will be rolled out between two Megaport locations in Singapore. Subsequent phases will focus on adding additional data centres and cable landing stations, as well as creating physical diversity between sites.
Megaport’s dark fibre network will provide telecommunications carrier grade infrastructure services at a highly competitive price point for premium bandwidth availability.
Since its launch in Australia in July 2013, Megaport – which currently extends to 18 major data centres in Sydney, Melbourne and Brisbane – has connected over 100 customers as they embrace its revolutionary network-as-a-service concept. With strong demand expected to continue, Megaport will lead the charge to roll out 100 Gbps network interconnection services across the entire Asia Pacific region. Its launch into the Singapore market is a very important piece in the service provider’s strategy, with the new dark fibre network underpinning this.
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Note: Photo available on request
About Megaport
Founded in Australia in July 2013 by industry visionary Bevan Slattery, Megaport is an exciting new entrant into Asia Pacific’s telecommunications market, aiming to become a leading provider of network interconnection services across the region. With over 100 connected cloud providers, enterprises and network service providers in Australia, Megaport improves connectivity by providing scalable and flexible connectivity options in an on-demand environment. For more information visit: www.megaport.com
About Bevan Slattery
Bevan Slattery comes from a background in building successful Australian information technology and telecommunication companies. He co-founded and successfully built PIPE Networks Limited in 2002, a company that grew to become Australia’s largest Internet Exchange and Australia’s third largest metropolitan fibre network provider, resulting in the sale of the organisation to TPG Telecom in May 2010 in a transaction worth AU$373 million. His last venture NEXTDC Limited, is Australia’s largest independent data centre provider in terms of geography and IT power capability and has a market capitalisation of nearly AU$450 million.
Mr Slattery has been recognised with various industry awards including: ACOMM Australian Telecommunications Ambassador of the Year Award (2009); Australian Telecommunications User Group (ATUG) Charles Todd Medal Winner in March 2010 for his “contribution to the Australian Telecommunications marketplace, including the construction of the $200 million PPC-1 submarine cable system connecting Sydney to Guam”; Queensland Pearcey Entrepreneur Award (2011); and National Benson Entrepreneur Award (2012).