Financial bandwidth upstart Spread Networks (news) added another reseller to its portfolio today. Managed service provider CFN Services will be offering the company's low latency wavelengths to the financial community, effective immediately. Spread just announced a reduction in the latency of those waves, down to 14.6ms (14.75ms SLA'd), and I noted yesterday that One Source Networks appeared to be in on this as well.
But CFN Services has exclusivity for sub-1G services, to be offered to customers who need speed but not as much volume as a 1Gbps service delivers. The deal will allow Spread Networks to increase the revenue pie it is aiming for while limiting the complexity that comes along with serving many of smaller customers as well as fewer larger ones.
Following its buildout last year, where they literally trenched a new longhaul route between New York and Chicago, Spread has been moving quickly to cash in on its position. Behind the company sits James Barksdale, of Netscape fame. As exciting as this one route has been since rumors surfaced last spring of its existence, I have to wonder if he's got any further tricks up his sleeve. Are any more routes worth such an effort?
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