Low-latency network services provider Spread Networks LLC says that Sidera Networks will take advantage of a new service that offers managed bulk bandwidth at 16 msec round-trip between Chicago and New York for one flat monthly rate.
The service offers up to 250 Gbps at the 16 msec round-trip figure. The fixed monthly fee is available with the signing of a long-term contract. It does not include the cost of optical gear.
“We are excited to be the first customer for this innovative service,” said Mike Sicoli, CEO of Sidera Networks. “We are always looking for ways to enhance our position as a leader in metro connectivity for customers in both New York and Chicago. This deal gives us even greater access to Spread’s first-class Chicago-to-New York network with an economic framework that will help us scale network growth cost effectively.”
"We have spent the last year delivering highly successful ultra low latency services to the most latency-sensitive companies in the world. Now, we have turned our attention to the ever-growing need for massive bandwidth between Chicago and New York, and we are delivering a lit service that provides the scalable bandwidth and operational flexibility of a conventional dark fiber IRU with a much superior SLA and cost structure,” said David Barksdale, Spread's CEO. “Unlike a dark fiber IRU, which requires a dark fiber buyer to invest millions in IRU fees and optical gear commons hardware, our service limits up-front capital expenditure. Best of all, we SLA the bandwidth, whereas a dark fiber IRU only guarantees the fiber.”