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Fiber Telecom and ConnectiviTree enter into long-term Cooperation Agreement to offer connectivity services globally

April 18, 2023, Milano, Italy and Ruggell, Liechtenstein: Fiber Telecom Italy S.p.A. (“Fiber Telecom”) and ConnectiviTree (Europe) AG (“ConnectiviTree”) today announced they have signed a long-term Cooperation Agreement. Under this agreement, Fiber Telecom joins ConnectiviTree’s global partner network program. With the global partner network and ConnectiviTree’s planned pan-European network, Fiber Telecom will offer global services to its over 115 service provider partners and their customers, and will support the extension of the ConnectiviTree fiber network footprint in Italy.

Fiber Telecom has committed to this Agreement to utilize ConnectiviTree’s planned network design. Key elements of the ConnectiviTree network design and software portal are superior network security; multiple, redundant data network and routing capabilities; in-house maintenance and assurance control; dedicated and unique fiber routes; software and technologies as well as their innovative business model called “trust-share-profit”.

The Agreement includes three elements: First, backbone services (into European cities) to be supplied by ConnectiviTree. Second, network service demand originating from Fiber Telecom’s customers on to the ConnectiviTree network in accordance with the initial joint projects that both parties intend to pursue. Third, the Agreement also includes procurement of dark fiber from Fiber Telecom for ConnectiviTree’s planned network expansion.

“We are proud that ConnectiviTree have selected Fiber Telecom to support the build of their special network design and are delighted to join their innovative global partner network. Their product offering and network will enhance our services to our customers, including routes, options and features not currently available”, said Fiber Telecom’s CEO Marco Leone.

“We are excited about Fiber Telecom’s endorsement of our business plan and more so about realizing the potential of this Fiber Telecom – ConnectiviTree partnership. With Fiber Telecom as a new partner, as part of our planned network rollout, our team will work closely with the Fiber Telecom team to prepare to offer our services to their customers and to extend our pan-European footprint”, said ConnectiviTree President and CEO, Paul Cox. “We look forward to a long and mutually successful relationship with Fiber Telecom.”

About Fiber Telecom
Fiber Telecom is a Wholesale Operator for Carriers, ISPs, WISPs and Cloud service providers that offers connectivity services using its own network, connected to the main data centers in Italy and Europe. It has a practical and agile approach that combines and enhances the various infrastructures available in the area, thanks also to partnerships with the main Tier 1 operators and Internet Exchanges. Apply a method based on listening and speed, made to support proximity operators but also structured companies that need simple solutions for complex requirements. Our network solutions are the results of the integration of products and services offered by a lot of partners: IP transit providers, Internet exchange points, content providers, data center facilities, transport, access and mobile network operators. All of them, suitably configured and managed by our experts, contribute to achieve the high quality of our wholesale network services.

http://www.fibertelecom.it

About ConnectiviTree
ConnectiviTree (Europe) AG is an independent and neutral data transport network provider that has designed and is currently building a layer 1 and 2 fiber-based data transfer network solution for large Enterprise customers. The ConnectiviTree network design and specifications will support fast and secure data transport with capacities of up to 200 terabits between major cities, starting in Western Europe and is designed to be sold as NaaS, CaaS and SaaS (Network, Capacity and Spectrum as a Service) through channel partners: Telecoms (Data Carrier), System Integrators and Data Center Operators. ConnectiviTree’s network design, business model, and planned white label functionality, easy order and rapid provisioning creates a scalable and low-cost business opportunity for our channel partners to address the rapidly growing market for global transport of data for large Enterprise. To help capture demonstrated demand, ConnectiviTree plans to connect over 250 Points of Presence within Europe and beyond by 2025.

www.connectivitree.com

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