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January 17, 2013
Hibernia Atlantic
Changes Name to Hibernia Networks
Hibernia Atlantic,
a provider of global capacity
services, changes its name to
Hibernia Networks. The new name
reflects the company’s organic and
strategic network growth, having
evolved from a transatlantic centric
provider of high bandwidth
connectivity solutions to a provider
of global solutions.
With its US
location in Summit, Hibernia
Networks is comprised of three
strategic platforms addressing the
bandwidth needs and highly
specialized requirements across
several key markets -- wholesale,
financial and media. As part of the
company’s global focus, Hibernia
Media will now be fully integrated
under the Hibernia Networks
platform. The company has grown its
global network reach to over 120
points of presence (PoPs) in North
America, Ireland, United Kingdom,
Europe and the Pacific Rim and
operates five Hibernia-owned cable
landing stations.
Reflecting on the
milestone,
Bjarni Thorvardarson, Chief
Executive Officer for Hibernia
Networks stated, “Hibernia has
evolved well beyond its original
transatlantic serving area. As
Hibernia Networks, our company
reflects a unified team offering
worldwide network services to a
focused, but expanding, customer
base.”
Hibernia was
founded in 2003 with the purchase of
two transatlantic submarine cables
and cable landing stations. The
system was built by TE SubCom
(formerly Tyco Submarine Systems) at
an initial cost of approximately one
billion dollars. Hibernia began
carrying traffic across the network
in 2005 after establishing backhaul
routes to London and New York. The
company has deployed numerous
network expansions over recent years
including Project Kelvin, a high
capacity route into Ireland, new low
latency routes into Asia and the
acquisition of MediaXtream and Telia
Media Connect.
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