Found this. GBLX is a participant in ION through their Racal acquisition. The really good news is that this gives them a close relationship with Metromedia Fiber (MFNX). MFNX is going gang busters in the US.
Some people speculated a while back that GBLX may acquire MFNX, but I think have a strategic relationship like this is porbably better. Besides, during the last CC, management said they are not looking for any acquisitions soon.
Fez
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The way we communicate is changing everyday
Data networking, video conferencing, the Internet ? all of these have become vital means of communications. A wide variety of telecommunications carriers and service providers are entering the marketplace, ready to meet the demand created by the changing nature of communications. And International Optical Network, LLC (ION) is uniquely positioned to provide these carriers with the infrastructure they require to implement their business plans quickly and cost-effectively.
ION is a unique player in the international telecommunications marketplace, providing managed international network solutions to carriers of all kinds. ION is a joint venture between two leading fiber optic network based providers, Metromedia Fiber Network of the United States and Racal Telecom of the United Kingdom. By leveraging the parent companies? assets on both sides of the Atlantic and securing its own international agreements, ION can offer unparalleled infrastructure and expertise on both sides of the Atlantic.
ION is ready with complete, end-to-end, turnkey network solutions or customized network elements ? enabling carriers to deliver new services, expanded intercontinental network reach, and greater capacity. Whatever a carrier needs to compete and grow in the exciting telecommunications marketplace ? from network capacity to outsourced, transparent network operations ? ION delivers it, no hassles, no nonsense. |
