European bandwidth infrastructure firm, euNetworks has acquired 100 per cent shares of duct and sub-duct based fibre network, The Loop Manchester from Gamma Telecom.
Launched in 2012, The Loop has a duct network across around 87km spanning the key commercial areas of Manchester, Salford and Trafford. With more than 180km of high-capacity fibre cables, it connects into 20 data centres, two exchanges and provides high capacity internet into more than 70 key multi-tenant commercial buildings.
Approximately 48km of the network is routed from alternative operators in the city. That routing combined with 700 chambers and expansion capability, offers a compliment to euNetworks current fibre network in Manchester.
euNetworks owns and operates deep fibre networks in 17 cities, including Manchester, and operates a long-haul network that spans 15 countries. The company continues to invest in its network, building new routes, adding multiple diverse paths and extending reach into key hyperscale data centre sites, data centre clusters and network aggregation points.
Brady Rafuse, chief executive officer of euNetworks explained: ‘The acquisition of The Loop network strengthens our customer proposition in the bandwidth infrastructure market. As well as adding unique routes to our Manchester metro, the Loop provides us with a more local presence, the flexibility to connect more data centres and buildings and the opportunity for further expansion. Prior to this acquisition, our Manchester metro consisted of 42km of duct network, 276 chambers and direct connection into 17 data centres. We anticipate a rapid integration of The Loop into euNetworks.’
Ashley Griffiths, managing director of The Loop added: ‘This is a great match for The Loop and we are delighted to have been acquired by euNetworks and to be joining the team. I know our customers will immediately benefit from this acquisition. We remain focused on delivering a great service experience as well as more fibre-based service options to our customers.’
Said Andrew Taylor, chief executive officer of Gamma: ‘We have developed The Loop into a successful and growing business which is now ready for its next phase and we’re really pleased that euNetworks has chosen to be its ensuing owner.’
