RealTime IT News

PSINet Expands Dark Fiber Access in Canada

PSINet Inc. Wednesday acquired the rights to use 20 strands of fiber optic cable from Starcom Service Corp. The deal makes PSINet the first independent ISP that owns a continuous fiber optic network encircling the globe.

The agreement remains subject to bankruptcy court approval in Vancouver. The deal will greatly increase PSINet's network capacity on the North American western corridor.

"The acquisition of dark fiber and facilities significantly increases PSINet's Canadian capabilities, creates abundant capacity and will enable us to take advantage of improved opto-electronic technologies," said Nadir Desai, president and chief executive officer of PSINet Ltd.

Newly activated fiber optic capacity permits PSINet to lower its operating costs by replacing more expensive leased bandwidth circuits.

"The PSINet group of companies is committed to anticipating and exceeding market demands for faster, better access as the explosive growth of the Internet continues to transform the information age," added Desai. "PSINet's international network offers the flexibility, security and reliability that enable customers to enjoy seamless, high-speed, congestion-free pipelines to the information superhighway."

Headquartered in Herndon, VA, PSINet is a global facilities-based Internet Protocol (IP) data communications carrier focused on the business market. PSINet operates an international IP-optimized network consisting of more than 500 POPs around the world.