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Nov 2024/
22 Jul 2019
PRESS RELEASE Updated on December 5, 2019
Crosslake Fibre, selects BSO Networks as exclusive commercial partner for Low Latency Services on new Lake Ontario route
Paris, London, Toronto July 22, 2019 — Crosslake Fibre, builder, owner and operator of strategic fibre systems, are pleased to announce that they have chosen BSO Networks (BSO), award-winning Ethernet network, cloud and hosting provider as its exclusive partner to deliver Crosslake Velocity – a new ultra low latency network service between Toronto & New Jersey for the financial services market.
Crosslake Velocity, a unique & historic build across Lake Ontario, cuts off the corner traditional terrestrial networks use around the East of the Lake to deliver significant a saving in latency. Connecting the commercial and financial centres of Canada and the US, Velocity is the only Canadian-US cable system to cross Lake Ontario with the latest submarine and terrestrial technology ensuring the network is optimised and deployed to deliver maximum performance and reliability. The route is currently undergoing testing and will be operational from July 22, 2019 (revision: service live as of November 28, 2019).
Mike Cunningham, CEO of CrossLake Fibre states,
“Our new submarine and terrestrial fibre optic cable system provides unparalleled performance to the financial services market. We have made this strategic decision to exclusively partner with BSO as we recognise their extensive experience and understanding of the business and the technical requirements of the global financial community.” Adding “We have known the BSO team for many years and as a trusted partner know that they will go to market with a clear message of the unique value Velocity can provide.”
Michael Ourabah, BSO’s CEO commented,
“We are very pleased to be partnering with the team at Crosslake to deliver this unique new route from Canada to the New Jersey triangle.” Adding, “We are looking forward to adding their new submarine and terrestrial fibre optic system to our growing global network. BSO is now able to offer the lowest latency fibre path, as well as alternative, geographically diverse protected routes in an already successful market for us.”
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