Tiger Infrastructure investment to help expand Crosslake Fibre platform

Tiger Infrastructure Partners says it has made an investment in Canada-based fiber-optic network services provider Crosslake Fibre to expand the Crosslake platform. Possessing a high-fiber count submaire cable, Crosslake's Toronto to Buffalo network will be physically diverse from other routes between Toronto and Buffalo, and be shorter in length. The cable system should be ready for service by September 2018, according to Tiger Infrastructure.

Tiger Infrastructure Partners says it has made an investment in Canada-based fiber-optic network services provider Crosslake Fibre to expand the Crosslake platform. Possessing a high-fiber count submarine cable, Crosslake's Toronto to Buffalo network will be physically diverse from other routes between Toronto and Buffalo, and be shorter in length. The cable system should be ready for service by September 2018, according to Tiger Infrastructure.

Crosslake was established to develop fiber-optic cable projects throughout North America. The dark fiber supplier announced its first infrastructure project in May 2017, to establish an undersea cable system linking Toronto, Canada to Buffalo, NY, across Lake Ontario (see "Crosslake Fibre plans submarine cable across Lake Ontario").

In the past, foreign ownership restrictions in Canada have prevented non-Canadian carriers from fiber ownership. The Canadian market is dominated by major incumbents, who generally do not sell dark fiber, as a result, Crosslake management asserts.

"Crosslake will enable the purchase of new, diverse dark fiber between Canada and the U.S., allowing carriers to displace leased fiber and add diversity," said Michael Cunningham, Crosslake CEO. "We are excited to partner with Tiger Infrastructure to grow the Crosslake platform."

Additionally, Crosslake Fibre announced plans in October to build a fiber-optic submarine cable directly connecting Wall, NJ, to Long Island, NY to address an increasing demand for reliable network connectivity and high capacity bandwidth options (see "Crosslake Fibre plans to connect NJ and NY with fiber-optic submarine cable").

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