Lightower to Build New Route to Major Financial Facility in New Jersey

July 17, 2012

Lightower Fiber Networks plans to build into a major financial exchange data center in Mahwah, N.J., to fortify its existing ultra-low-latency network. A dense network is already in place near the Mahwah facility and Lightower will be ready to build to the facility as soon as access is available to service providers.

Access to the facility is being dictated by the New York Stock Exchange, according to Doug Dalissandro, executive vice president sales and marketing, for Lightower. “It is expected that they will allow service providers to build into the facility starting in late 2012 or early 2013,” Dalissandro told the Backhaul Bulletin.

Lightower will integrate the site into its network of ultra-low-latency routes and solutions once the Mahwah financial hub opens to service providers. Lightower has the most fiber routes and access into more service locations of any metro fiber provider in the New York City and northern New Jersey area. Solutions for the financial services industry are a major focus for Lightower. This financial services network includes hubs at 15 strategic data centers and liquidity centers in the region including locations in New York City and the New Jersey cities of Clifton, Newark, Piscataway, Carteret, Jersey City and Weehawken.

Because Lightower has a dense network in place surrounding the facility, as soon as Lightower is allowed to build into the facility, they will be in immediately, Dalissandro told the Bulletin. “For Lightower, the build will be a short and simple one to get its fiber inside the facility. Other service providers who are planning to build in may not have network in the vicinity therefore it may take them quite a while to connect the facility to the rest of their network.”

In a press release, Lightower’s chief executive officer, Rob Shanahan, said, “Lightower will offer customers the most networking options at this critical financial services destination. With the dense network that Lightower already has in place near the facility, we will be able to offer multiple geographically diverse routing options to customers in order to connect them to other major data centers in the area.” “Customers can also connect from Mahwah to any of the hundreds of commercial buildings Lightower is built into in New York City, or any of our thousands of service locations throughout the entire Northeast.”