Wednesday, July 23, 2008

Oxygen Founder’s New Global Bandwidth Exchange

from Giga OM, a new Global Bandwidth Exchange:

>>the launch of his new startup,
BuySellBandwidth.com, through which carriers around the globe are able to buy, sell and swap capacity. You’re probably saying to yourself, “Haven’t I heard of this before?” Indeed, even Enron tried to start a bandwidth platform. But BuySellBandwidth.com is more akin to private exchanges or ECNs on the stock market, where membership is by invitation only.

...

So far a dozen carriers — including PCCW, KPN, PLDT, Globe Telecom, Cable & Wireless, Reach and Tata Communications — have signed up with Tagare’s exchange, which at this point is free. Bandwidth brokers, by comparison, currently perform this service at 10 to 15 percent of the sale price. “Over time I will charge a small membership fee,” Tagare told me. He’s hoping each transaction will be worth millions of dollars.

No comments: