There is another infrastructure player in the mix as of this week. South Reach Networks has formally launched with a combination of metro and longhaul connectivity plus colocation down in Miami. South Reach is led by Michael Sevret, former EVP and Chief Strategy Officer for Cross River Fiber in New Jersey.
They are starting out by rebranding the assets of InterConnect Miami Data Centers, whose former CEO is staying on as Technical Director. Those assets include a 10,000 aquare foot data center at 36 NE Second Street, an underground ring of 528-count fiber connecting diversely over to Equinix seven blocks away, and a longhaul route along the east coast of Florida. Miami is one of the key gateways to Latin America. IMDC also recently welcomed PacketFabric's network platform into the facility.
South Reach will be focusing initially on expanding that Florida footprint. What form that expansion will take, organic or inorganic, remains to be seen. The private equity group Turning Rock Partners is backing the launch.
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