Colt (LSE: COLT) is taking charge of the European low-latency networking opportunity with its new Dublin to London route.
With a particular focus on serving Ireland's financial services and IT sectors, the European service provider claims it can maintain 4.267 milliseconds of latency between its nodes in London and Dublin, while providing improved resilience for connectivity up to 10G.
The new route is part of a broader network investment plan for Ireland. By the end of the year, Colt plans to complete an extension from Dublin to Cork, Ireland's second largest city.
Another potential advantage Colt has over other competitors looking to gain a foothold in the country is that it has over 250 buildings already connected to its European network. Having already built fiber into these buildings means those customers that have sites in other European countries can go to a single source for their services.
While Dublin is home to a number of large financial institutions willing to pay a premium for low-latency services, Colt said it believes the new network investments will also benefit a number of multinational corporations, including San Jose, Calif.-based PayPal, which is expanding their global operations, and Ireland-based MNCs such as Ardagh Group.
Broadening its capabilities in Ireland is just one part of Colt's European network investment plan. For this new route, it is leveraging the new Sea Fibre Networks cable, CeltixConnect and Infinera's DTN platform.
Gary Keogh, director at Colt Ireland, said, "Ireland is an exciting place for Colt because of the enormous success of its ICT sector which continues to grow, particularly in the Dublin area."
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