First Communications, a U.S.-based competitive service provider, is taking on the Canadian financial industry's low-latency challenge by expanding its low-latency fiber route to Toronto.
Customers will be able to access First's services in both its 151 Front Street and 100 Wellington (Q9) in Toronto, as well as 3500 Steeles Street, Markham.
One of the key pieces of the new service to 100 Wellington is that it offers customers a bypass to 151 Front Street because it provides necessary network diversity that financial firms look for when choosing a low latency service provider to satisfy their always-on connectivity needs.
But financial companies are only one part of the equation. Other traditional service providers, carriers and ISPs looking for an alternative wholesale service source will be able to also take advantage of the new route.
Having already established low latency routes to Chicago and Washington, D.C./Ashburn, this latest expansion enhances its low latency service portfolio.
Of course, First is not alone in its desires as there's been a land rush of service providers pursuing the low latency market segment. One of the growing challenges that First will face is squaring off a group of incumbent (Verizon) and competitive providers (Intellifiber, Level 3, Optimum Lightpath, Sidera (formerly RCN Metro) and XO Communications) that have all launched some low-latency service targeted at financial firms.
- see the release
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