WEDNESDAY, MAY 23: A $10.5 million investment in a hi-tech fibre optic network is set to be extended to the home consumer, a telecoms chief said on Tuesday.
Lloyd Fray, CEO of BTC, said the new PRISM network — available to business users from last week – was a vote of confidence in the island’s future as a business destination.
But he added: “That’s the beginning for us — we will be moving ahead with the infrastructure improvements for the home consumer as well.”
Mr Fray said that plans for the new high-speed network were laid after talks began with the business sector on broadband and information services around two years ago.
He added: “Especially in terms of international business, which is a primary driver in Bermuda, they need to have the throughput — the reach is also important and the ability to have management over their systems.
“And, as things move on, cost-efficiency is also a big issue. We had a lot of discussions with our customers which formed an idea of their needs.”
He added: “This is the first phase of a series of improvements aimed at high-speed performance and management — the next phase is to take this out to our residential customers.”
The PRISM network was officially launched last Thursday.
BTC said that the network would provide the highest capacity on the island and the quality of service to ensure that it can deliver a mix of voice, video, mobile and data traffic, along with “mission critical business services.”
BTC joined forces with CISCO, the world’s leading networking equipment firm, to use its carrier ethernet system to support new and upgraded services on a common Internet Provider infrastructure.
Fray said using CISCO technology — which is tried and tested — means minimizing the amount of time and technical resources needed to test, implement and validate performance.
He added CISCO’s Prime network management suite will help speed up the provision of customer services and reduce operation costs.
Mr Fray said fast and reliable communications played a vital role in the success of businesses based in Bermuda.
He added: “Many of the world’s most influential businesses call our shores home.
“As the island’s largest communications provider, BTC is proud to be able to meet their needs.
“Our continued investment in local infrastructure tells the world that Bermuda is open for business and infinitely well equipped to service them.”
The PRISM network in the City of Hamilton uses a series of five fibre rings, with an automatic redirections of information over to alternative routes if a break in communications happens. The fibre network also stretches from the east end to the west end of the island.
He added: “Both the services and pricing of PRISM are highly scaleable and will provide businesses of varying size and communications requirements with solutions that will assist them in making their day-to-day operations more efficient.”
Greg Skinner, the Caribbean area manager for CISCO Systems, said: “The new network will provide the foundation for highly-available voice, video, data and collaboration services both for BTC’s international business customers and local residents alike.”