By Seaborn Networks
Seaborn Networks announced today that Sidera Networks will be making a long-term, capacity purchase on Seaborn’s US-Brazil submarine cable system.
Seaborn Networks’ cable system, Seabras-1, is a new 32 Tbps submarine cable that will be the first direct route between Sao Paulo, Brazil and the United States. The system also will have a branch that lands in Fortaleza, Brazil. Seaborn plans for the Seabras-1 system to be ready for service in the fourth quarter of 2014.
By acquiring capacity on Seabras-1, Sidera will extend its low-latency, fiber optic network to Sao Paulo, Brazil, the largest financial services center in Latin America.
“Seaborn Networks is honored to have been selected by Sidera Networks in connection with the company’s plan to extend its network to Sao Paulo,” said Larry Schwartz, Seaborn Networks’ CEO. “This route will enable Sidera to provide strategic advantages to financial services firms and other high bandwidth firms that value being on the lowest latency route between Sao Paulo and the US.”
According to Mike Sicoli, Sidera Networks’ CEO, “Sidera continues to execute on its strategy to extend our Xtreme Ultra-Low Latency Network, which already carries trillions of dollars in trades per day, to critical financial services centers and exchanges around the world. When completed, Seaborn’s express route from Sao Paulo will enable us to secure for customers, what is promised to be, the fastest route between the United States and Brazil’s major commercial center.”
Sidera Networks already connects the major metropolitan cities on the East Coast of the United States, as well as Chicago, Toronto, and London. Expanding to Sao Paulo is a natural next step as it represents the ninth largest city in the world (and the largest in South America) by GDP according to PricewaterhouseCoopers, and is an important global city with an ever-increasing financial services industry.
Seaborn Networks’ Seabras-1 is the first submarine cable system to connect Sao Paulo to the US without multiple hops along the route, thus enabling the fastest route possible for financial services firms and other businesses focused on reducing latency and improving route diversity.
About Seaborn Networks
Seaborn Networks, LLC, www.seabornnetworks.com, is the developer and operator of Seabras-1, the first express submarine cable system between the United States and Sao Paulo, Brazil. Seabras-1 is a 32 Tbps system that will connect Miami and Sao Paulo, with a branch that lands in Fortaleza, Brazil. Activation is scheduled for 2014. Seaborn was founded by successful submarine cable and wholesale carrier executives with experience in designing, building and operating many of the world’s largest submarine and terrestrial networks. Prior submarine systems designed, built and operated by Seaborn’s workforce represent a total of 75 landing stations, 250 points of presence and 250,000 km of submarine cable (more than 6X the circumference of the earth).
About Sidera Networks?
Sidera Networks, LLC, www.sidera.net, is the premier provider of tailored, high capacity communications services to carrier and enterprise customers. Sidera Networks offers a comprehensive suite of facilities-based services including: Ethernet, SONET, Wavelength, Dark Fiber, Internet Access, Colocation and more. With a fiber optic network leveraging unique rights-of-way that delivers connectivity to the major metropolitan areas from Maine to Virginia and out to Chicago, as well as access to Toronto and London, Sidera is committed to delivering cost-effective, custom solutions coupled with superior industry expertise, service and support.