Apr 20, 2001 : Bandwidth.com Opens Irish Office
📅 - On Thursday, Bandwidth purchasing agent Bandwidth.com announced that it would open a new office in Dublin, Ireland to help meet the demand from European clients for the procurement of bandwidth and bandwidth services.
The company, operating as a broker between companies seeking long-term or temporary telecommunications services and high-speed data capacity carriers, compares the procurement services it offers its clients to the system used by companies like Travelocity and Expedia to help business travelers.
According to analysts, the methods used in the tading of bandwidth still operate slowly, with deals being negotiated one at a time, often taking months to complete and with telecom carriers controlling the most bandwidth.
The situation has caused frustration among clients and traders of bandwidth, taking as long as three or four months to close deal. But with Web traffic growing at an astounding rate, Internet service providers and communications companies are in heavy competition for spare capacity on fiber optic lines. Bandwidth.com says users need to make deals on the fly, and that the situation is ready for traders who want to move bandwidth the same way commodities traders move items like gold.
Bandwidth.com says its users can make detailed requests for enterprise and wholesale telecom and fiber needs at the company's Web site, which it says attracts more than 20,000 users per month.
The company, operating as a broker between companies seeking long-term or temporary telecommunications services and high-speed data capacity carriers, compares the procurement services it offers its clients to the system used by companies like Travelocity and Expedia to help business travelers.
According to analysts, the methods used in the tading of bandwidth still operate slowly, with deals being negotiated one at a time, often taking months to complete and with telecom carriers controlling the most bandwidth.
The situation has caused frustration among clients and traders of bandwidth, taking as long as three or four months to close deal. But with Web traffic growing at an astounding rate, Internet service providers and communications companies are in heavy competition for spare capacity on fiber optic lines. Bandwidth.com says users need to make deals on the fly, and that the situation is ready for traders who want to move bandwidth the same way commodities traders move items like gold.
Bandwidth.com says its users can make detailed requests for enterprise and wholesale telecom and fiber needs at the company's Web site, which it says attracts more than 20,000 users per month.
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URL source: http://www.thewhir.com/marketwatch/bandwidth204.cfm
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