Megaport spins off fiber infrastructure

Asia-Pacific data connectivity provider Megaport Operations Pty Ltd says it is spinning-off its fiber-optic network into a new, dedicated infrastructure company called Superloop.

Superloop’s mission is to drive innovation at the fiber infrastructure layer in selected Asia-Pacific regions, according to a company statement.

Superloop expects its network in Australia to go live in January 2015, making available diverse, dark fiber connectivity between the major data centers of Global Switch; Equinix SY1, SY2, and SY3; the upcoming Equinix ME1; NEXTDC B1, S1, M1m; and many more.

Superloop also will accelerate the roll out of its Singapore network after securing access to over 150 km of strategic duct throughout Singapore. Superloop’s Singapore network is expected to go live in March 2015, and will provide diverse connectivity to submarine cable landing stations in Tuas, Changi, and Katong, as well as key data centers including Equinix and Global Switch.

Megaport founder Bevan Slattery said he was extremely excited about Superloop’s launch. The de-merger will free Megaport to focus on expansion of its connectivity services.

"I thought it was important to be crystal clear about Megaport's mission and provide focus and clarity for the Megaport platform," said Slattery. "The underlying fiber network was developed as an enabler for Megaport in its initial markets. The accelerated growth of the network has created a standalone business, warranting an independent strategy and resourcing that can be provided within Superloop.

"We are building the only independent, pan-Asian fiber infrastructure provider, which is something rather special and unique, so much so that based upon early customer demand I expect Superloop to be break even in its first full year of operation," he added.

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