San Francisco, CA — RateXchange Corporation and The London Satellite Exchange announced the first global alliance that provides bandwidth users the ability to fulfill both satellite and fiber optic bandwidth requirements at the same time. RateXchange operates the leading trading system for fiber optic bandwidth and The London Satellite Exchange is the world’s first on-line exchange for the satellite industry. The alliance between the companies allows users immediate access to satellite and fiber optic bandwidth capacity and prices, thus resulting in their ability to package value-added network solutions and improve their margins. Both companies are leaders in the rapidly developing field of bandwidth trading.
RateXchange provides telecommunications, energy and utility companies, and financial institutions with access to the RateXchange Trading System (RTS) which significantly reduces the time and cost of selling, buying and delivering bandwidth. This groundbreaking alliance diversifies both companies’ product offerings by allowing their users to package total bandwidth requirements. The London Satellite Exchange operates an on-line exchange for the satellite industry. Sales engineers at The London Satellite Exchange are highly proficient technically, have strong relationships within the industry, and are currently working with more than 80% of the world’s satellite operators. The alliance enables satellite users to meet more easily their combined satellite and fiber optic bandwidth needs.
“The satellite bandwidth market is estimated to be $10.5B in size, yet margins are stable as compared to fiber optic bandwidth,” said Frank Genin, CEO, The London Satellite Exchange. “Demand for applications like streaming video and content delivery over satellite is increasing by 40% annually. Packaging solutions through combining satellite and fiber optic capacity for these applications can now be addressed on-line.”
Jon Merriman, CEO of RateXchange, said, “Satellite and fiber are two complementary ways of satisfying increasing demand for content and other communications applications. Until now customers have not been able to access global satellite capacity and fiber optic bandwidth solutions together on-line. This alliance leverages RateXchange’s and The London Satellite Exchange’s areas of expertise to the customer’s advantage and should increase liquidity in both marketplaces. Both companies will benefit greatly through the integration of our respective trading systems.”
The London Satellite Exchange publishes the first-ever Index of satellite transponder prices that track per-MHz prices in the C and Ku bands. RateXchange and The London Satellite Exchange are cooperating closely to publish indexes for both satellite and terrestrial bandwidth.
About RateXchange Corporation
RateXchange Corporation provides global trading solutions to telecommunications, energy and utility firms, financial institutions and commodity traders. The RateXchange Trading System (RTS) provides users with an efficient, centralized marketplace to bring buyers and sellers together. Through the development of financial products for bandwidth users, RateXchange is bringing risk management tools and practices to the communications industry. The Company has deployed neutral delivery hubs that provide a secure infrastructure for facilitating the delivery of traded bandwidth over any platform. By providing market participants with an advanced trading system, financial products and an independent delivery mechanism, RateXchange is enabling the creation of a liquid bandwidth trading market. For more information or a guest password, please visit www.ratexchange.com.
About The London Satellite Exchange
The London Satellite Exchange is the first-ever marketplace for the satellite industry. The Exchange’s traders provide advice on the purchase or sale of satellite capacity. The traders at The London Satellite Exchange are highly skilled engineers, able to undertake the whole process of obtaining requirements, preparing technical surveys, opening the bidding, preparing the link budget, pre-negotiating the contract terms and finally bringing the two parties together in a well defined framework. In addition to space capacity, The London Satellite Exchange’s consultants also provide advice on procurement of ground segment hardware and teleport services.
For more information: http://www.e-sax.com/