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Crosslake Fibre names BSO as network partner for Lake Ontario route

Michael Ourabah BSO.jpg

Crosslake Fibre has chosen BSO Networks (BSO) as its exclusive partner to deliver Crosslake’s Velocity – a new low-latency network between Toronto and New Jersey.

“Our new submarine and terrestrial fibre optic cable system provides unparalleled performance to the financial services market,” said Mike Cunningham, CEO of Crosslake Fibre. “We have made this strategic decision to exclusively partner with BSO as we recognise their extensive experience and understanding of the business and the technical requirements of the global financial community.” Adding: “We have known the BSO team for many years and as a trusted partner know that they will go to market with a clear message of the unique value Velocity can provide.”

The new offering delivers connectivity to the financial services market and takes advantage of the shorter build across Lake Ontario to provide route diversity and better latency in comparison to the legacy terrestrial networks that route around the Lake between Toronto and New York.

“We are very pleased to be partnering with the team at Crosslake to deliver this unique new route from Canada to the New Jersey triangle,” added Michael Ourabah (pictured), founder and CEO of BSO. “We are looking forward to adding their new submarine and terrestrial fibre optic system to our growing global network. BSO is now able to offer the lowest latency fibre path, as well as alternative, geographically diverse protected routes in an already successful market for us.”

Connecting the commercial and financial centres of Canada and the US, Velocity is the only Canada-US cable system to cross Lake Ontario using the latest submarine and terrestrial technology. The system is due to be operational by September 2019.

At the start of July, Crosslake announced the appointment of Joseph Ciavarella as chief financial officer and Jeff Edward as vice president of operations.