Fibre network crosses Irish Sea and lands in Wales

bealtine

http://www.siliconrepublic.com/comms/item/25596-fibre-network-crosses-irish/

The CeltixConnect fibre gateway landed today at Porth Darfarch in Wales, connecting the financial centres of Ireland with those of London, Manchester and beyond.

The new fibre network rolled out by Sea Fibre Networks will more than double the existing data capacity between Ireland and the UK, supporting the explosion of online media.

Just fewer than 3m photos can be uploaded per second on each fibre pair and the network can carry the equivalent of 173 days worth of uploading pictures online in one second.

The ability to transport data from Ireland across Europe on a high fibre count network will further support the massive digital services industry in Ireland.

Laying of the cable began in December.

The CEO of Sea Fibre Networks Diane Hodnett said this marks an historic milestone for telecommunications will meet the burgeoning demand for capacity driven by the ever-increasing digital services industry in Ireland.

Some 28 days’ worth of watching online high-definition TV can pass through each fibre pair of the cable per second. At seventy-twofibre pairs in total that’s the equivalent to five and a half years of watching high-definition TV or video passing through the cable at any given second.

“CeltixConnect landing heralds a new era for communications between Ireland and the rest of the world, opening up new opportunities for government and business across the country.

“Our efforts over the past three years have come to fruition, and we are proud to be the first company in over a decade to provide this modern telecommunications system.

“Ultimately, Sea Fibre Networks success will be linked to the changes that take place in the digital services industry in Ireland over the coming years,” Hodnett said.

John Kennedy

bealtine

http://www.siliconrepublic.com/comms/item/25860-celtixconnect-fibre-gateway/

The CeltixConnect fibre gateway that connects Dublin to London and Manchester has just gone live. The 144-fibre network rolled out by Sea Fibre Networks is aiming to be a game changer, more than doubling the existing data capacity between Ireland and the UK and helping to support the online media explosion.

And the financial services industry in Ireland is also set to benefit from the network, enabling traders to transmit millions of orders at much faster speeds.

The CeltixConnect fibre gateway landed at Porth Darfarch in Wales on 1 February.

Just fewer than 3m photos can be uploaded per second on each fibre pair and the network can carry the equivalent of 173 days worth of uploading pictures online in one second.

The CEO of Sea Fibre Networks Diane Hodnett said CeltixConnect will aim to satisfy extreme demands for capacity and low latency that are driven by the digital and financial services industries in Ireland.

She said CeltixConnect going live signals a new era for communications between Ireland and the rest of the world, adding that the fibre network would open new opportunities for government, financial institutions and businesses across the country.
Vamping up online financial trading

That's where the IFSC comes into play. Because online financial trading requires a high-speed, high-capacity and low-latency connection. Sea Fibre Networks said CeltixConnect will enable high-frequency traders to transmit millions of orders at "lightning speed".

The company indicated that powerful algorithms, or 'algos' as they are known in industry parlance, execute millions of orders a second and have the capacity to scan dozens of public and private marketplaces simultaneously.

Sea Fibre Networks said a five-millisecond delay transmitting an automatic trade can cost a broker up to 1pc of its flow, up to US$4m per millisecond.

It said CeltixConnect will be reinforcing and replacing existing aged networks in the Irish Sea as internet capacity doubles every year.

"We are delighted to be the first company in over a decade to provide this super-fast network to financial hubs like the IFSC and support the growth of our economy. Ultimately, Sea Fibre Networks' success will be linked to the changes that take place in the financial services industry in Ireland over the coming years," said Hodnett.

Sea Fibre Networks CEO Diane Hodnett will be a panelist at the Digital Ireland Forum on 23 March in Dublin.