F-ix.net
Title
Global Internet Exchange | Networking Service Provider
Description
PacketExchange – Global Telecommunications
Launched in February 2002, PacketExchange was cash positive after 22 months and has been profitable ever since, bucking the trend of so many telecoms start-ups. In November 2004, PacketExchange received a $3 million-plus investment package from Bank of Scotland Equity. In January 2005, Packet Exchange acquired XchangePoint, the pan-European metro area interconnectivity company, thereby expanding the Company‘s sales presence in Germany and the Netherlands and acquiring access to XchangePoint‘s 170-strong customer base. On the 12th of April 2005, Cazenove Private Equity invested £3 million in Packet Exchange.
Funding has been gained through a proven ability to consistently deliver what the company claim and the customers need. PacketExchange are cost efficient – they make their cost base work hard and drive innovation to help customers improve theirs by staying lean, flexible and working for its customers.
