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E-Sax and Ratexchange Offer Combined Fibre and Satellite Capacity

Jon Merriam CEO (left) of Ratexhange and Frank Genin CEO of London Satellite Exchange call it a deal as they combine forces to offer a one stop service for both fibre and satellite capacity
London - Jan. 12, 2001
RateXchange Corporation and The London Satellite Exchange have announced the first global alliance that provides bandwidth users the ability to fulfill both satellite and fibre optic bandwidth requirements at the same time.

RateXchange operates the leading trading system for fibre 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 fibre 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 telecoms, 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 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 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 fibre optic bandwidth needs.

"The satellite bandwidth market is estimated to be $10.5B in size, yet margins are stable as compared to fibre 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 fibre optic capacity for these applications can now be addressed on-line."

Jon Merriman, CEO of RateXchange, said, "Satellite and fibre 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 fibre 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.

RateXchange Corporation provides global trading solutions to telecoms, energy and utility firms, financial institutions and commodity traders. The RateXchange Trading System (RTS) provides users with an efficient, centralised marketplace to bring buyers and sellers together. 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.

Related Links
London Satellite Exchange
RateXchange
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Exchange Brings Spot Market To Satellite Time
London - September 5, 2000
The Asia Capacity Exchange (ACE) and the London Satellite Exchange (e-sax) have signed a business partnership agreement to cross-sell each other's services worldwide. The alliance is expected to yield long-term business benefits for both parties, helping e-sax expand its service into Asia Pacific and strengthening ACE's position in Europe.



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