Arbinet
about

|

news

|

investors

|

contact

|

login
Top Liquid Bar




Markets

Services

Intelligence

 

 Contact:

  STC Associates
  Carolyn Robertson
  212-725-1900 ext. 204
  [email protected]


FOR IMMEDIATE RELEASE

Arbinet-thexchange opens London facility, bringing real-time bandwidth trading to European telecoms

LONDON/NEW YORK – November 29, 2000 – Arbinet-thexchange, the U.S.’s premier on-line bandwidth trading exchange, today announced the launch of a direct connection center in London that will enable UK and European telecommunications carriers to trade bandwidth online, realizing new revenue opportunities and improving profit margins.

With the opening of Arbinet-thexchange’s London Exchange Delivery Point (EDP), British and European telecoms operators will be able to directly connect from London to thexchange’s advanced, automated trading platform. They will be able to buy and sell capacity, in real-time, with the current members of thexchange-over 100 of the world’s leading telecommunications companies. Arbinet-thexchange’s advanced infrastructure transforms the current telecoms exchange marketplace.

Arbinet-thexchange operates the only full-service, e-commerce platform that dynamically links an on-line telecommunications marketplace with a physical delivery infrastructure and integrated clearing and settlement systems. In doing so it replaces laborious bilateral wholesale bandwidth transactions. This means:

  • Real-time capacity trading, with transactions completed and traffic flowing right away

  • Dynamic, real-time pricing, so buyers can continually optimize their price/quality requirements

  • Automated credit risk management to minimize members’ bad debt exposure

  • Centralized, automatic billing for all parties

  • The elimination of the cost and time of traditional wholesale capacity negotiations and transactions-which on average take 28 weeks to complete

Arbinet-thexchange’s new London EDP is located in central London with immediate access to major fiber carriers. Today, seven European carriers are already members of thexchange, and interconnect at the New York EDP with more than 93 other members from around the world.

Arbinet-thexchange has invested more than US$30 million to implement the first automated, full-service bandwidth trading solution that links a member’s buy/sell transactions to the dynamic delivery of the traded capacity. The system is designed to accept the addition of new EDP modules with an emphasis on scalability and reliability. The success of thexchange’s infrastructure technology and market adoption in New York has triggered the first step in the company’s world wide geographic expansion.

“With the opening of our new London EDP, carriers can now choose to interconnect with thexchange’s physical delivery infrastructure in either London or New York,” stated Curt Hockemeier, Arbinet-thexchange President and CEO. “They can buy and sell, deliver and settle transactions for telephony capacity with thexchange’s 100 plus existing members from either location. This expansion makes it easier for members to join and enjoy opportunities to increase revenues and reduce costs by trading on the world’s only full- service automated bandwidth exchange.”

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.

Arbinet-thexchange estimates the total global market for telephony bandwidth measured in minutes at US$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. 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

# # #


voice on thexchange | data on thexchange | mobile on thexchange | Services | Intelligence | About | News | Investors | Contact Us
Disclaimer | Compatibility | Terms of Use | Home

© Copyright 2000-2007 Arbinet-thexchange, Inc. All Rights Reserved.