Gamma sells fibre network to euNetworks

Gamma has sold off its fibre network in Manchester to Western European bandwidth infrastructure services firm euNetworks.

euNetworks has acquired 100% of the shares of The Loop Manchester, a duct- and sub-duct-based fibre network, to improve the links of its European network, including those from Dublin, Ireland through to London and the Suffolk coast and onto continental Europe.

The Loop launched in 2012 and has a duct network stretching more than 87km across the key commercial areas of Manchester, Salford and Trafford, and which goes through 20 data centres and two internet exchanges.

euNetworks CEO Brady Rafuse said: “The acquisition strengthens our customer proposition in the bandwidth infrastructure market.

“As well as adding routes to our Manchester metro network, The Loop provides us with a more local presence, the flexibility to connect more data centres and buildings and the opportunity for further expansion.”

Gamma CEO Andrew Taylor added: “We have developed The Loop into a successful and growing business which is now ready for its next phase.”

The value of the deal has not been disclosed.

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