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Loeber: Keeping Hermes Europe Railtel on track
01 March 1999
Hermes Europe Railtel was among the first operators to target the pan-European carriers' carrier market. With one of the largest trans-European networks, it has already gained over 50 customers and is expanding rapidly despite increasing competition. Managing director Jan Loeber talks about the operator's long-term ambitions.
Hermes Europe Railtel is an emerging carrier in the
pan-European market. The company provides cross-border
communication transmission services for other carriers,
including incumbent PTOs. It has one of the largest
trans-European networks. By the end of 1999 it expects to be in
18 countries and 44 cities with a network of more than
20,000km. The network is based on DWDM (Dense Wave Division
Multiplexing) technology. It is a high-capacity platform and
enables Hermes to deliver high-end services at high speeds.
Hermes Europe Railtel began operations in 1996. It currently
serves more than 50 customers. The company has been leveraging
this first to market advantage, as Trent Spiridellis, a
telecoms equity analyst at NationsBanc Montgomery Securities
explains: "At the beginning of 1998 Hermes along with WorldCom
and Ulysses were the only players that actually had broadband
seamless communications networks."
As new entrants target the European market, prices may drop
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