Arbinet-thexchange Completes Implementation of Full-Service, Dynamic Bandwidth Trading Solution
NEW YORK – August 10, 2000 – Arbinet-thexchange, the full service trading solution for buyers and sellers of
telephony bandwidth, announced today it completed the implementation of the world’s first fully carrier-grade, full-service, dynamic
bandwidth trading solution. Arbinet-thexchange worked with the leading hardware, software and service providers in
the communications industry over the past 12 months to develop this robust and scalable infrastructure. This is the first platform
that provides an integrated end-to end solution that automates the complete telephony bandwidth trading process.
Arbinet-thexchange estimates the total global market for telephony bandwidth measured in minutes at $706 Billion in 2000.
This market is characterized by both falling prices and a high level of SG&A; expense, which at 25% of revenues is 9% higher than the U.S.
corporate average. Use of Arbinet-thexchange’s full-service, automated trading solution helps members cut costs and
maintain profitability by providing the opportunity to generate incremental revenues, as well as lowering the cost, risk and transaction
time required to complete transactions for telephony bandwidth.
“We have implemented the world’s first solution that allows carriers to dynamically manage the flow of traffic across their networks
based on their participation in a real-time online marketplace. We designed and built this system to make money for our members,” stated
Anthony L. Craig, Arbinet-thexchange chairman and CEO. “It allows our members to improve their revenues and significantly
reduce their costs of doing business with each other. On the quality side, we have adopted the Sun Microsystems objective of delivering
WEB tone, along with traditional dial tone quality to our membership.”
Arbinet-thexchange has worked with these leaders in the communications industry to implement this carrier-grade solution:
Nortel Networks – provides the world-class DMS-GSP Global Switching Platform
Cisco Systems – delivers the switching and routing equipment along with VoIP technology
Sun Microsystems – furnishes a scalable, industrial-grade business system server platform
Oracle – provides scalable informational and transactional databases
Breakaway Solutions – provides the first-of-its-kind trading engine platform development
Architel – supplies thexchange with next-generation provisioning and switch activation technology
ECtel – brings non-intrusive quality of service and call quality measurement technology for voice and VoIP traffic
FiberNet Telecom Group – delivers carrier interconnect local access networking in the New York Metro area
PricewaterhouseCoopers – provides complete systems integration of trading and call processing modules
Hitachi – provides state-of-the-art data storage technology and equipment
3Com – delivers thexchange an integrated VoIP telephony platform
Taylor McKenzie – delivers statistical validation of call quality measurements
About Arbinet-thexchange
Arbinet-thexchange is the full-service, online exchange for on-demand transactions,
automated physical delivery and settlement of trades of telephony bandwidth. Thexchange
is neutral, favoring neither buyers nor sellers, and allows participants to trade anonymously.
Automated delivery is accomplished by employing advanced trading software and a set of
patented processes to link the web-based trading platform with carrier-grade
telecommunications switching equipment. Arbinet-thexchange handles all invoicing,
collection and payment for trades effected on its exchange and provides continuous
monitoring and online rating of the service quality of each seller’s network. For more
information, visit Arbinet-thexchange at www.thexchange.com.
120 Albany St. Tower II, Suite 450, New Brunswick, NJ
08901
phone: 732-509-9100, fax: 732-509-9101, website: www.arbinet.com
