euNetworks launches Europe’s highest capacity fibre-optic network; acquires Viatel’s long-haul network

24 Jul 2006

euNetworks, the European division of Global Voice Group, has unveiled Europe’s highest-capacity fiber optic network that combines long-haul fibre (country-to-country and city-to-city) with last-mile infrastructure, connecting Europe’s largest cities. The company claims its massive fibre capacity will enable it to offer a unique pricing and business model – offered under the ‘private fibre networks’ banner – which will deliver dedicated, secure, un-metered fibre strands to customers and offers virtually unlimited bandwidth at a flat rate. To complement its metropolitan fibre networks, euNetworks has also announced the successful acquisition of Viatel Holding’s long-haul network and the completion of a EUR35 million convertible bond issue. ‘The long-haul fibre network acquisition completes our infrastructure roll out in Europe by connecting all of our metropolitan fibre networks. We are now uniquely positioned to offer our corporate, carrier and service-provider clients secure and highly efficient end-to-end connectivity in Europe’, said Noel Meaney, chief executive officer of euNetworks.