Avelacom, Expand Executive Search sign deal

08 March 2017 | Jason McGee-Abe


Avelacom has signed a deal at Capacity Middle East with Expand Executive Search, which will see the latter support the Russian low-latency network operator boost its ranks.

Avelacom - Expand dealAvelacom, which has plans to build its global network across Europe, Asia and the US is now set to expand with more staff in Singapore and New York, which are both expected to be ready in Q2 2017, and Expand Executive Search will continue to source the right executives for the growing company.

“We have great hopes with our New York office and it is set to open up access to the Latin America market for the operator,” said Aleksey Larichev, managing director of Avelacom to Capacity. “We’re investing a lot in our network expansion and have grown exponentially. Other than Russia and Europe, we have built the rest of our entire network in the last two years. We’re also a relative newcomer in the financial services vertical but have certainly disrupted that market.” Testament to this disruption can be seen when Avelacom entered into a partnership with Dubai Gold & Commodity Exchange (DGCX) back in October.

Avelacom - ExpandLarichev added: “Our strategy is to be a close as possible to our clients, firstly by building our sales force and secondly we’ll look to enhance our operations with a more technology-orientated sales support team. We want our people to be regional experts and based locally. This year, we are focusing on expanding geographically into South America and in countries in South Africa and enhancing our product portfolio into a more fintech one-stop-shop for solutions, including managed services.

Expand Executive Search is assisting with sourcing the right senior sales managers for Avelacom’s new offices on a global scale, including in the US and Asia. “We are a market-leading expert and provider of executive search in the carrier community,” added Aidan Walker of Expand Executive Search, “and as we grow the number of people in our business by 40% this year, the two companies are supporting one another on this growth journey.”

Last month, Avelacom partnered with optical-fibre networking solutions provider PacketLight to build out its high-speed network from London to Moscow. By leveraging PacketLight’s carrier-grade hardware, Avelacom will reduce network latency and be able to meet the growing demands of capital markets for low latency data transport across the continent, particularly addressing instant access demand from the financial services.